Golden Pacific Bancorp

Name

Golden Pacific Bancorp

Legal name

Golden Pacific Bank, a Division of SoFi Bank, National Association

Website

https://goldenpacificbank.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

Keywords

• Community banking
• Personal banking
• Business banking
• Commercial lending
• Deposit accounts

Headquarters

HQ city

Sacramento

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Net Interest Income: Traditional banking revenue generated from interest earned on loans (business loans, commercial real estate, personal loans) and securities, offset by interest paid on deposits.
2. Deposit and Account Fees: Fees generated from deposit accounts including monthly service fees, overdraft fees, and other account-related charges. Some fees may be reduced or waived based on account qualifiers like eStatements enrollment.
3. Debit Card Fees: Fees charged for Picture It! personalized debit cards - $8 for gallery images, $10 for custom personal images.
4. Loan Origination Income: Interest and fees earned from various loan products including business term loans, commercial real estate loans, business lines of credit, and personal lending.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Golden Pacific Bancorp is the holding company for Golden Pacific Bank, a community bank operating as a division of SoFi Bank, N.A. The bank provides personal and business banking products including checking, savings, money market, CDs, IRAs, debit cards, and consumer/business lending, delivered through three Northern California branches and digital banking platforms.

Product overview

Golden Pacific Bank is a regional community bank operating as a division of SoFi Bank, N.A. The bank offers a comprehensive suite of personal and business banking products through a multi-channel distribution model. The personal banking portfolio includes Solutions Checking and Earning Solutions Checking accounts paired with Savings Solutions, Personal Money Market, Certificates of Deposit, and Individual Retirement Accounts. Debit card services include standard MasterCard debit cards and the Picture It! Personalized Debit Card add-on. The business banking suite encompasses Business Solutions Checking, Business Earning Solutions Checking, and Optional Analysis Credit Checking, complemented by Business Savings Solutions, Business Money Market, and Business CDs. Business lending products include Small Business Term Loans, Commercial Real Estate Loans, and Business Lines of Credit. Digital banking services feature Online Banking with Bill Pay, Mobile Banking with Mobile Deposit, and eStatements. Cash management offerings for business customers include Business Online Banking with Bill Pay, ACH Origination, Automated Sweeps, Remote Deposit Capture, and Positive Pay fraud protection. The bank operates physical branches in Sacramento, Live Oak, and Yuba City, California.

Differentiator

Problem solved

Functional benefit

Products and services

• Solutions Checking Personal checking account allowing customers to reduce or waive monthly service fees through qualifiers such as enrolling in eStatements.
• Earning Solutions Checking Interest-bearing personal checking account with unlimited check writing, unlimited ATM transactions, competitive interest returns, and ability to waive monthly fees.
• Savings Solutions Personal savings account letting customers deposit funds for any expense.
• Personal Money Market Tiered-rate savings account offering competitive returns with flexible access to funds.
• Certificates of Deposit (CDs) Fixed-rate personal savings product typically offering higher returns than regular savings accounts.
• Individual Retirement Accounts (IRAs) Retirement savings account available in Traditional or Roth options with no setup fees and interest rates above standard savings.
• Personal Debit Card Free MasterCard debit card for purchases, ATM withdrawals, and online banking access, accepted domestically and internationally.
• Picture It! Personalized Debit Cards Customizable debit card allowing customers to personalize their card with gallery images ($8 fee) or uploaded personal photos ($10 fee).
• Business Solutions Checking Versatile business checking account designed to meet everyday business banking needs.
• Business Earning Solutions Checking Business checking that earns interest on excess funds while maintaining full access for business operations.
• Optional Analysis Credit Checking Business checking designed to help manage growing transaction volumes with reduced fees.
• Business Debit Card Free MasterCard debit card for business purchases and expense tracking with global acceptance.
• Business Savings Solutions Business savings account providing easy access to cash and working capital.
• Business Money Market Money market account offering tiered rates with liquidity options for business working capital management.
• Business Certificates of Deposit (CDs) Guaranteed fixed-rate investment products for securing company funds with guaranteed returns.
• Small Business Term Loans Term loans for small businesses with competitive interest rates and personalized repayment terms, available in secured and unsecured options.
• Commercial Real Estate Loans Loans covering commercial real estate purchases, expansion, or refinance with fixed and adjustable rate options.
• Business Lines of Credit Flexible revolving credit facility allowing businesses to draw funds repeatedly without reapplication.
• Online Banking with Bill Pay 24/7 online banking service enabling customers to check balances, pay bills, transfer funds, and access eStatements from any web-enabled device.
• Mobile Banking with Mobile Deposit Mobile banking app available for iPhone, Android, and Amazon devices enabling account access, balance checks, fund transfers, and check deposits via smartphone camera.
• Business Online Banking with Bill Pay Business banking platform available 24/7 for managing company funds, paying bills, and conducting transactions.
• ACH Origination Electronic payment service enabling businesses to receive payments from customers and collect funds from bank accounts securely.
• Automated Sweeps Cash management service that automatically transfers excess funds to optimized accounts for better interest earnings.
• Remote Deposit Capture Electronic check deposit service allowing businesses to deposit multiple checks daily via desktop scanner from their office.
• Positive Pay Fraud prevention service providing comprehensive check review and alert system to help prevent fraudulent checks.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• SoFi Technologies, Inc.coreStrategic or Co-development Partner · 9 March 2021SoFi Technologies acquired Golden Pacific Bancorp, Inc. in 2021. The acquisition marked a significant step in SoFi's effort to obtain a national bank charter. Golden Pacific Bank now operates as a division of SoFi Bank, N.A., combining community banking presence in Northern California with SoFi's digital banking platform and financial services ecosystem.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Mechanics Bank: California-based community bank offering consumer and commercial banking products with branch presence across Northern and Southern California — comparable in product suite and community banking focus.
• Pacific Premier Bancorp: California-headquartered bank holding company with focus on commercial banking, small business lending, and community banking — comparable product offering and West Coast geographic focus.
• Five Star Bank: Community bank headquartered in Sacramento with branches across Northern California, offering similar personal and business banking products including checking, savings, loans, and cash management services to local consumers and SMBs.
• Tri Counties Bank: Northern California community bank serving Sacramento Valley, Yuba City, and surrounding markets with consumer and small business banking products — overlaps geographically with Golden Pacific's branch footprint.
• Bank of Marin: California community bank focused on personal and business banking with strong relationship-lending focus in Northern California — similar hybrid community/commercial bank model.
• River City Bank: Sacramento-based community bank focused on commercial banking, business lending, and personal banking services for the Northern California market — directly comparable in geography and product mix.

Broad incumbents

• Bank of America: National incumbent bank with extensive California branch network and digital banking platform — competes for the same deposit and small business customers as Golden Pacific.
• Wells Fargo: Large national bank with significant branch presence in Sacramento and Northern California offering the same core consumer and business banking products at greater scale.
• JPMorgan Chase: Largest US bank with growing California branch presence and full digital banking platform — competes for both consumer deposits and small business banking relationships.

Others

• SoFi Technologies: Parent company of Golden Pacific Bank; while not a direct competitor, SoFi's national digital banking platform competes in adjacent segments and shapes strategic direction for Golden Pacific.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights5 records

Customer concentration

• Xx.com/bank_pacific
• Facebookfacebook.com/100004237128254

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Golden Pacific Bancorp