Founded in 1973 as BAC Florida Bank, the institution has a long history of serving the financial needs of foreign nationals. In 2020, the bank was acquired by Credicorp Ltd., a leading financial services holding company in Peru, and became part of its microfinance subsidiary, Mibanco. Following the acquisition, the bank was rebranded to "banc." and transitioned to a digital-first model. Its mission is to provide non-US residents, particularly from Latin America, with seamless access to the security and benefits of the US banking system, offering a suite of services including personal banking, real estate financing, and wealth management.

Founded in

United States