San Francisco, CA
-- Feb. 9, 2001 - Silicon Valley Bank, a wholly owned
subsidiary of Silicon Valley Bancshares, has opened its second
San Francisco office at 185 Berry Street, Suite 190, in San
Francisco.
The new office will support Silicon Valley
Bank's existing San Francisco regional office and focus
exclusively on providing financial services to over 500
technology and life sciences companies in San Francisco. This
will be Silicon Valley Bank's 25th office nationwide.
"We are excited about the opening of a second
San Francisco office, enabling us to better serve our growing
client base in the area," said Teresa Heller, manager of the
Bank's Northern California Technology Group. "Being physically
closer to clients that were previously served out of our Santa
Clara office means we can be more responsive to their
needs."
Silicon Valley Bank serves emerging growth and
middle market companies in targeted niches, focusing on
technology and life sciences, while also addressing other
specific industries in which it can provide a higher level of
service and better manage credit through specialization and
focus.
The Bank operates throughout the Silicon Valley: Santa
Clara, Palo Alto and Sand Hill, the center of the venture
capital community in California. Other regional offices within
California include: Irvine, Los Angeles, Napa Valley, San
Diego, San Francisco, Santa Barbara, and Sonoma. Office
locations outside of California include: Phoenix, Arizona;
Boulder, Colorado; West Palm Beach, Florida; Atlanta, Georgia;
Chicago, Illinois; Boston, Massachusetts; Minneapolis,
Minnesota; Durham, North Carolina; Portland, Oregon;
Philadelphia, Pennsylvania; Austin, Texas; Dallas, Texas;
Northern Virginia; and Seattle, Washington.
SVB Contact:
David Grandey, (408) 654-7289, dgrandey@svbank.com.