We're here for you


Silicon Valley Bridge Bank, N.A. is open for business, processing payments, funding loans and serving our clients. Your relationships managers are the same people you have always worked with and they are here to answer your questions and provide you with business solutions as they always have. We are accepting new clients and new business. We are grateful to the FDIC for protecting all the depositors of the former Silicon Valley Bank. We are committed and engaged in rebuilding your trust.




Is SVB still operating?

  • Yes. The FDIC transferred all deposits—both insured and uninsured—and substantially all assets of the former Silicon Valley Bank of Santa Clara, California, to a newly created, full-service FDIC-operated ‘bridge bank’ in an action designed to protect all depositors of Silicon Valley Bank. The bank is open for business and new and existing depositors have full access to their money. Clients can reach out to the same SVB teams they have always worked with.

How is this organization set up?

  • Silicon Valley Bridge Bank N.A. is chartered by the Office of the Comptroller of the Currency as a national bank that operates under a board appointed by the FDIC.
  • The bridge bank structure is designed to “bridge” the gap between the failure of a bank and the time when the FDIC can stabilize the institution and implement an orderly resolution, such as a sale, an IPO or liquidation.
  • The FDIC is the sole shareholder of Silicon Valley Bridge Bank

What are the most likely options for what the future of SVB will be?

  • The goal is to preserve and create as much franchise value as possible while providing the extremely high level of service SVB clients have come to expect.
  • At this time, the bank is focusing on two alternative paths:
      • Operating as an individual bank following a recapitalization with new investors; or
      • Completing an acquisition of SVBB N.A. by another party, such as another financial institution


On the FDIC insurance coverage, how are new incoming deposits insured? Are these subject to the FDIC limit?

  • All of your U.S. deposits, including new incoming and current, are protected by the FDIC.

When does FDIC insurance end? What happens if SVBB gets acquired?

  • There has been no change in the protection of SVBB’s deposits since the creation of the bridge bank. Should protection of all deposits of SVBB change, the FDIC will communicate to depositors. If the bank is acquired by another national or state-chartered institution, the deposits and assets of SVBB will become part of the acquiring bank’s deposits and assets. All national and state-chartered banks are FDIC members and as such, pay premiums to the FDIC to have access to the Deposit Insurance Fund, which insures individual deposits up to $250K.

Can you provide clarification on the FDIC guarantee and who is paying for it? Are taxpayers indirectly paying for this guarantee or any losses in any way?

  • No losses associated with the resolution of Silicon Valley Bank will be borne by taxpayers. The backstop to the FDIC’s deposit guarantee will be funded by the FDIC’s Deposit Insurance Fund (DIF). Any losses borne by the DIF will be recovered through a special assessment on banks.
  • The FDIC itself receives no Congressional appropriations - it is funded by premiums that banks and savings associations pay for deposit insurance coverage.

Will deposit interest continue to be paid out?

  • Yes

Letters of Credit (LC):


How are you dealing with other financial intermediaries that are currently refusing to allow any transactions that touch SVB?



Are we honoring debt facilities?

  • Yes, we are honoring drawn and undrawn facilities.

Are we originating new ones?

  • Yes, for new and existing clients.

What happens to term sheets issued and refinances?

  • We are ready, willing and able to pick these up right where we left off and want to get them done

For More Questions


Please log in to your Silicon Valley Bridge Bank, N.A. digital banking platform and access our self-service Help resources. You may also contact Client Support at 1.800.774.7390, 5:00 AM – 5:30 PM PT M-F.