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Silvergate Bank grows for and with San Diego businesses

Silvergate Bank is a San Diego-based business bank that specializes in helping businesses grow through the provision of innovative, customized banking programs and products tailored specifically to each company’s needs.

The bank, which recently reported its highest annual earnings (2011) in its 24-year history, has assembled a carefully selected team of small business banking experts, all of whom are committed to providing customers with a fresh and approachable banking experience.

“Our niche is in listening to and understanding each company’s vision, goals and strategy, and then providing them with the products and services they need,” said Alan Lane, Silvergate Bank’s president and CEO. “This targeted banking approach reflects directly and positively in their bottom line.”

Lane said that Silvergate’s niche has evolved as a direct result of the entrepreneurial spirit that drives San Diego businesses. “Our local economy is fueled by the creativity and innovation of small and start-up companies who have unique needs that change as their businesses grow. We take the time to know our customers and work with them to make sure their banking program is part of a successful business strategy.”

Alan Lane, president and CEO of Silvergate Bank

Silvergate Bank’s customer-centered focus is reflected through its responsive and personal one-on-one attention, as well as its use of technology to make banking for its customers even easier. In addition to on-line banking, businesses are able to make deposits from their office through Silvergate Bank’s easy “office deposit,” which is personally delivered and installed by Silvergate bankers. Later this year, Silvergate Bank will introduce a mobile app for use on iPhone and Android cell phones.

Other exciting initiatives this year include the bank’s recent opening of a new full-service branch in Carlsbad to serve the North Coast communities, and the expansion and relocation of its La Mesa branch to a more convenient and accessible location on La Mesa Boulevard, just off of Interstate 8. These branches augment the bank’s geographic reach which now includes five full-service locations.

“We are energized and excited about the future of San Diego, and are honored to be part of it through our relationships with the businesses that are shaping it,” Lane said.

For more information, visit silvergatebank.com.

-Submitted by Silvergate Bank.

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