Security Pacific Bank: Latest Job Openings, Reviews and Ratings & Profile wise Salary Distribution

Security Pacific Bank Careers & Info

Security Pacific Bank Overview

Security Pacific Bank, founded in 1868 in Los Angeles, California, was purchased by Bank of America (BoA) in 1992. During it's years of operation as a separate bank, Security Pacific grew from being a small farmer and merchant's bank into one of the largest banking corporations in the western United States. Maintaining it's headquarters in Los Angeles, the bank focused on serving the growing Asian population through acquisitions of several smaller banks. Years of aggressive expansion and creative financing took a toll, and the bank was finally forced to merge with BoA in April 1992.

The bank was the target of two high profile robberies. In 1978, Stanley Rifkin learned the codes used to telegraph funds to other banks and used those codes to steal over $10 million. The second robbery occured in 1990, when five men who were some of the most heavily armed bank robbers in history robbed the branch in Norco, California. By the time they were stopped, three police officers and one robber had been killed in a shootout.

Security Pacific Bank Job Information

As with all BoA employees, those who work at the former Security Pacific locations enjoy a strong compensation package tied to their performance. Bonuses and incentive programs are an integral part of that package, with a focus on encouraging employees to exceed their goals each year.

In addition, employees are provided benefits that include a life management package. These include adoption reimbursement, dependent care assistance and tuition reimbursement. There is also support for personal issues available through their LifeCare program.

What jobs pay the most at Security Pacific Bank?

Senior Vice President is the highest paying job at Security Pacific Bank at $151,000 annually.