LOS ANGELES -- First Interstate Bank of California said it has established a $50 million portfolio to fund for mortgage loans to low- to moderate-income borrowers.

The program is part of the First Interstate Bancorp unit's commitment to lend and invest at least $2 billion over 10 years in the economic development of California communities.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.