Acquisition Marks Significant Step in SoFi's Effort to Obtain National Bank Charter SAN FRANCISCO — March 9, 2021 — Social Finance, Inc. ("SoFi"), the digital personal finance company, today announced that it has signed a definitive agreement to acquire Golden Pacific Bancorp, Inc. (OTCPK: GPBI) and its wholly owned subsidiary Golden Pacific Bank, N.A. Online personal finance company SoFi Technologies, Inc. ( NYSE: SOFI) disclosed that it has concluded the acquisition of Golden Pacific Bancorp, Inc. and its wholly-owned subsidiary Golden Pacific Bank, National Association. (together, […] What is more . Feb 03, 2022. SoFi's acquisition of Golden Pacific, meanwhile, requires regulatory approval, and that could take months, Quinto said. The firm filed an application for its own licence with the Office of the Comptroller of the Currency (OCC) in July 2020. Online personal finance company SoFi Technologies, Inc. ( NYSE: SOFI) disclosed that it has concluded the acquisition of Golden Pacific Bancorp, Inc. and its wholly-owned subsidiary Golden Pacific Bank, National Association. The decision to acquire Golden Pacific Bank, announced last year, was a key strategic step in SoFi's path to obtaining a national bank charter, and was recently approved by the OCC and the Federal Reserve. Shares of the company fell 8.4% on Wednesday and a further 4.1% at the time of writing. san francisco, february 02, 2022 -- ( business wire )--sofi technologies, inc. ("sofi"), the digital personal finance company, today announced the completion of its acquisition of golden pacific. SoFi has signed a definitive agreement to acquire Golden Pacific Bancorp, Inc. (OTCPK: GPBI) a Sacramento, California-based community bank that is regulated by the Office of the Comptroller of the . Feb. 4—SoFi Technologies, Inc. announced Wednesday that it completed its acquisition of Golden Pacific Bancorp, Inc. and its wholly owned subsidiary Golden Pacific Bank, National Association. Social Finance. Feb. 4—SoFi Technologies, Inc. announced Wednesday that it completed its acquisition of Golden Pacific Bancorp, Inc. and its wholly owned subsidiary Golden Pacific Bank, National Association.. Acquisition Marks Significant Step in SoFi's Effort to Obtain National Bank Charter SAN FRANCISCO — March 9, 2021 — Social Finance, Inc. ("SoFi"), the digital personal finance company, today announced that it has signed a definitive agreement to acquire Golden Pacific Bancorp, Inc. (OTCPK: GPBI) and its wholly owned subsidiary Golden Pacific Bank, N.A. Acquiring GPB is a critical component to helping us secure FDIC insurance and becoming a nationally . SoFi will pay $2.55 in . Member Advisory Board GPB is a . (together, "GPB"). SoFi Technologies Inc., the financial firm led by former Twitter Inc. executive Anthony Noto, surged after the Office of the Comptroller of the Currency granted it a U.S. banking charter. The dollar amount is not staggering. The decision to acquire Golden Pacific Bank, announced last year, was a key strategic step in SoFi's path to obtaining a national bank charter, and was recently approved by the OCC and the . The online lending platform acquired Golden Pacific Bank as a path to getting the full-fledged banking license, the regulator said in a statement on Tuesday. Rate of 1.25% APY is current as of 04/05/2022 Additional information can be found at www.sofi.com/legal/banking-rate-sheet 234 1st Street, San Francisco, CA 94105 SoFi plans to contribute $750 million in capital and pursue its national, digital business plan while maintaining Golden Pacific Bank's . SoFi offers bank accounts, investments, credit cards, private student loans . As a SoFi member, you get access to exclusive benefits designed to help set you up for success with your money, community, and career. أعلنت شركة SoFi Technologies Inc ، وهي شركة تمويل شخصي عبر الإنترنت مقرها في سان فرانسيسكو ، اليوم أنها دخلت في اتفاقية اندماج نهائية لشراء Technisys ، وهي شركة برمجيات مصرفية . Last year, in a key strategic step in SoFi's path to obtaining a national bank charter, the company announced a definitive agreement by its subsidiary Social Finance, Inc. to acquire Golden Pacific Bancorp, Inc. How hard is it to get approved by SoFi? By Sam Boughedda. Feb 03, 2022. Will SoFi become a brick-and-mortar bank now? The firm filed an application for its own licence with the Office of the Comptroller of the Currency (OCC) in July 2020. Who is Golden Pacific Bancorp and why did SoFi acquire this bank? SoFi's acquisition of Golden Pacific, meanwhile, requires regulatory approval, and that could take months, Quinto said. The final regulatory approval to become a bank came early this year. Referral Program Refer your friends & family to SoFi and get paid. GOLDEN PACIFIC BANCORP: SOFI PROPOSED ACQUISITION OF GOLDEN PACIFIC RECEIVES REGULATORY APPROVAL Sacramento, CALIF - January 19, 2022 Yesterday the Office of the Comptroller of the Currency (OCC) and the Federal Reserve approved the application for SoFi Technologies, Inc. (SoFi) to acquire Golden Pacific Bancorp, Inc. ("GPB"). san francisco-- (business wire)-- sofi technologies, inc. ("sofi"), the digital personal finance company, today announced the completion of its acquisition of golden pacific bancorp, inc. (otcpk: gpbi) and its wholly owned subsidiary golden pacific bank, national association ("golden pacific bank" and together with golden pacific bancorp, inc., … Golden Pacific Bank, GPB's wholly owned subsidiary, will operate as a division of SoFi Bank, National Association. SoFi Announces Agreement to Acquire Golden Pacific Bancorp, Inc. Acquisition Marks Significant Step in SoFi's Effort to Obtain National Bank Charter March 09, 2021 07:15 AM Eastern Standard Time https . SoFi merged with Social Capital — a special purpose acquisition company (SPAC) — for $8.6 billion in January of this year. Investing.com — SoFi Technologies Inc. (NASDAQ:SOFI) has taken an over 9% tumble Wednesday following news it has completed the acquisition of Golden Pacific Bancorp, Inc. Today we announced the completion of SoFi's acquisition of Golden Pacific Bancorp, Inc. and its wholly owned subsidiary Golden Pacific Bank, National Association ("Golden Pacific Bank" and together with Golden Pacific Bancorp, Inc., "GPB"). SoFi said as a result of the acquisition, it will be able to offer "improved . Golden Pacific Bank is a Sacramento, California-based community bank. Interest rates are variable and subject to change at any time. As background, on March 9, 2021, SoFi announced the agreement to acquire Golden Pacific Bancorp, Inc., marking a significant step for SoFi in obtaining a national bank charter. SAN FRANCISCO — March 9, 2021 — Social Finance, Inc. ("SoFi"), the digital personal finance company, today announced that it has signed a definitive agreement to acquire Golden Pacific Bancorp, Inc. (OTCPK: GPBI) and its wholly owned subsidiary Golden Pacific Bank, N.A. SAN FRANCISCO -- (BUSINESS WIRE)-- Social Finance, Inc. ("SoFi"), the digital personal finance company, today announced that it has signed a definitive agreement to acquire Golden Pacific Bancorp,. Today we announced the completion of SoFi's acquisition of Golden Pacific Bancorp, Inc. and its wholly owned subsidiary Golden Pacific Bank, National Association ("Golden Pacific Bank" and together with Golden Pacific Bancorp, Inc., "GPB"). Golden Pacific Bank is a Sacramento-based community bank with three physical branches in Sacramento, Live Oak and Yuba City. SoFi offers bank accounts, investments, credit cards, private student loans . SoFi, more formally known as Social Finance, announced today that it has agreed to acquire Golden Pacific Bancorp (GPB) for about $22.3 million. The decision to acquire Golden Pacific Bank, announced last year, was a key strategic step in SoFi's path to obtaining a national bank charter, and was recently approved by the OCC and the . Golden Pacific Bancorp, Inc./"Golden Pacific Bank," a community bank based in Sacramento, CA, GPB currently has three branches--in Sacramento, Yuba City, and Live Oak. SAN FRANCISCO--(BUSINESS WIRE)--Social Finance, Inc. ("SoFi"), the digital personal finance company, today announced that it has signed a definitive agreement to acquire Golden Pacific Bancorp,. Is SoFi a chartered bank? According to SoFi, following the acquisition, it now plans to offer customers 1% APY on their funds. A bank charter would allow SoFi to take in . Digital personal finance company SoFi Technologies has completed its $750M acquisition of Golden Pacific Bank, a Sacramento-based community bank with approximately $150 million in assets. Does this impact my accounts/loans with SoFi? While SoFi will invest $750 million to grow the bank's digital presence, it notes that it will also still operate Golden Pacific Bank's three brick-and-mortar branch locations in Sacramento, Live Oak, and Yuba City, California. The decision to acquire Golden Pacific Bank, announced last year, was a key strategic step in SoFi's path to obtaining a national bank charter, and was recently approved by the OCC and the Federal Reserve. SAN FRANCISCO -- (BUSINESS WIRE)-- Social Finance, Inc. ("SoFi"), the digital personal finance company, today announced that it has signed a definitive agreement to acquire Golden Pacific . What is more. Social Finance, Inc., a digital personal finance company, is to acquire Golden Pacific Bancorp, Inc. (OTCPK: GPBI) and its wholly owned subsidiary Golden Pacific Bank, N.A. SoFi Completes Acquisition of Golden Pacific Bancorp, Inc. Who is Golden Pacific Bancorp and why did SoFi acquire this bank? Members without direct deposit will earn 0.70% APY on all account balances in Checking and Savings (including Vaults). US personal finance firm SoFi has announced the acquisition of Golden Pacific Bancorp, and its subsidiary Golden Pacific Bank, for $22.3 million. SoFi plans to contribute $750 million in capital and pursue its national, digital business plan while maintaining Golden Pacific Bank's . The deal is part of SoFi's quest to gain a US banking charter. In Q4, revenue grew 67% Y-o-Y to $286M. Golden Pacific Bank is a Sacramento, California-based community bank. The company added a record 523K new members in Q4, a 39% Y-o-Y growth. Acquiring GPB is a critical component to helping us secure FDIC insurance and becoming a nationally chartered bank. Shares of the company fell 8.4% on Wednesday and a further 4.1% at the time of writing. (together, "GPB"). The deal is part of SoFi's quest to gain a US banking charter. Earlier this year, SoFi. Sacramento, CALIF - January 19, 2022 Yesterday the Office of the Comptroller of the Currency (OCC) and the Federal Reserve approved the application for SoFi Technologies, Inc. (SoFi) to acquire Golden Pacific Bancorp, Inc. ("GPB"). The dollar amount is not staggering. SoFi acquired California-based community lender Golden Pacific Bancorp with the plan to operate its banking subsidiary as SoFi Bank. The deal with SoFi is the SPAC's third so far. We are proud to welcome Golden Pacific Bancorp to the SoFi Family! US personal finance firm SoFi has announced the acquisition of Golden Pacific Bancorp, and its subsidiary Golden Pacific Bank, for $22.3 million. SoFi, more formally known as Social Finance, announced today that it has agreed to acquire Golden Pacific Bancorp (GPB) for about $22.3 million. Golden Pacific Bancorp, Inc./"Golden Pacific Bank," a community bank based in Sacramento, CA, GPB currently has three branches--in Sacramento, Yuba City, and Live Oak. san francisco-- ( business wire )--sofi technologies, inc. ("sofi"), the digital personal finance company, today announced the completion of its acquisition of golden pacific bancorp, inc. (otcpk:. See All Benefits SoFi Member Rewards Earn points for making moves toward financial independence—every step of the way. Will I still have access to SoFi member benefits? What does SoFi stand for? 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