Silicon Valley Bank


Overview / Commentary
408-654-7400
3003 Tasman Drive
Santa Clara, CA 95054

Silicon Valley Bank is headquartered in Santa Clara and is the 2nd largest bank in the state of California. It is also the 23rd largest bank in the nation. It was established in 1983 and as of June of 2021, it had grown to 4,078 employees at 5 locations. Silicon Valley Bank has an A health rating.

Reviews (2)

Best Bank!

Posted by: |

I've used Silicon Valley Bank for the past few years. They are very good. Whenever I go to a branch, they are very professional and helpful. The only negative I have is that they charge a lot on wire fees. I wish they didn't charge that much. Other than that, their support is amazing, and I would recommend anybody to bank with them, for personal or professional banking usage.

Entrepreneur Friendly Bank

I am one of the satisfied and proud customers of Silicon Valley Bank. They are professionals and IT friendly banking service providers. I have been referred by one of the founder in my start up eco system. I have been thrilled when they have asked for our business plan and what we are trying to do exactly before accepting my application to open an account with them. It was my first experience which I haven't encountered with any corporate banking system. It is entrepreneur friendly. They have good customer service and advisors who explained clearly about what are the options which might be helpful to my business venture. I have opted for checking, salary accounts, online payments and Merchant account. For remaining recurring billing services I have opted for third party service providers depending on my venture's requirement. The major feature I have felt is that it is online and mobile friendly in processing my financial transactions.



Health

Health Grade Components

Overall
FDIC Certificate #24735
Year Established1983
Employees4078
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.85%
Return on Equity - YTD13.41%
Annual Interest Income$1.43B
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$161.2B$84.49B
LoansQ2 2021vs Q2 2020$50.35B$36.12B
DepositsQ2 2021vs Q2 2020$147.5B$76.08B
Equity CapitalQ2 2021vs Q2 2020$10.43B$5.82B
Loan Loss AllowanceQ2 2021vs Q2 2020$395.3MM$589.5MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$81.5MM$94.4MM
Real Estate OwnedQ2 2021vs Q2 2020$1.2MM$0
Rates

Sorry, we do not have rate data for Silicon Valley Bank.

Locations

Availability



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