Company Information

Get to know Bridge Bank

Silicon Valley Bridge Bank, N.A. was established on March 10, 2023, by the FDIC as the successor to Silicon Valley Bank (SVB), which was closed by the California Department of Financial Protection and Innovation. The creation of the bridge bank was a critical measure to stabilize the institution, protect all depositors (both insured and uninsured), and ensure continuity of banking services for its clients, which primarily consist of technology companies, startups, and venture capital firms. On March 27, 2023, First-Citizens Bank & Trust Company acquired all deposits and loans of Silicon Valley Bridge Bank, N.A. The operations now continue as "Silicon Valley Bank, a division of First Citizens Bank."

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Bridge Bank

United States

Founded in

2001 (25 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.