Luther Burbank Corporation, is a bank holding company that operates through its subsidiary, Luther Burbank Savings. The Bank offers a comprehensive range of commercial banking products and services to real estate investors, entrepreneurs, high net worth individuals and commercial businesses. The Bank generates most of the revenue from interest on loans and investments. The Bank’s primary source of funding for loans is retail deposits and also place secondary reliance on wholesale funding, primarily borrowings from the Federal Home Loan Banks (FHLB). The Bank’s principal lending products are real estate secured loans, primarily on smaller, existing multifamily residential properties, with stabilized rent rolls, and catering predominantly to low and middle income renters who are unable to afford to purchase a single family residence in the high demand, low supply residential markets and purchase money mortgages on higher end single family residential properties.