Silvergate Capital

#6887

Rank

$39.57M

MarketCap US

US United States

Country

Summary
Silvergate Capital Corporation operates as a bank holding company for Silvergate Bank that provides banking products and services to business and individual clients in the United States. The company accepts deposit products, including interest and noninterest bearing demand accounts, money market and savings accounts, and certificates of deposit accounts. Its loan products comprise one-to-four family real estate loans, multi-family real estate loans, commercial real estate loans, construction loans, commercial and industrial loans, mortgage warehouse loans, and reverse mortgage loans, as well as consumer loans and other loans secured by personal property. The company also provides cash management services for digital currency-related businesses. Silvergate Capital Corporation was founded in 1988 and is headquartered in La Jolla, California.

History

Silvergate originated in the mid-1990s when its founders identified an opportunity to create a fully integrated bank with the highest level of customer service, specializing in the technology and investments sphere. Over the next few decades, Silvergate acquired several smaller banks and grew its business from a small boutique to a globally respected, publicly traded financial services leader. In 2018, Silvergate became the first US-based bank to offer an integrated solution for digital currency customers.


Mission
The Silvergate mission is to deliver innovative and cost-effective financial solutions for our customers, using our deeply experienced professional services, superior customer service, and cutting-edge technology, enabling them to reach their financial and operational goals.

Vision
Silvergate’s vision is to revolutionize the way financial services are delivered and to be the partner of choice for innovators worldwide.

Key Team

Ms. Elaine Batlis (Exec. VP & Mang. of Warehouse Lending Division)

Mr. Alaric Eby (Chief Product Devel. Officer)

Mr. Antonio R. Martino (Chief Financial Officer)

Hunter Stenback (Head of Investor Relations)

Ms. Judith M. Knowles (Sec.)

Mr. John M. Bonino (Chief Legal Officer)

Mr. Son-Jai Paik (Chief HR Officer)


Recognition and Awards
Silvergate has won numerous awards over the years, including the 2019 Innovators Award, the 2018 Albert S. Fitzwilliams “Entrepreneur of the Year” Award, and the 2017 Forbes Honor for Innovation in Banking.

References
Silvergate Capital
Leadership team

Mr. Alan J. Lane (CEO & Director)

Mr. Benjamin C. Reynolds (Pres)

Ms. Kathleen M. Fraher (Exec. VP & Chief Risk Officer)

Products/ Services
Banking, Finance, Financial Services
Number of Employees
100 - 500
Headquarters
La Jolla, California, United States
Established
1988
Company Registration
SEC CIK number: 0001312109
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
SI
Social Media
Mon Feb 26 2024
About

businessabc offers a global business, SMEs wiki directory blockchain, NFTs, AI powered marketplace for businesses worldwide.

Follow Us
Produced by
In collaboration with
Logo

Copyright 2023 © businessabc powered by ztudium