SEATTLE, March 19, 2019 /PRNewswire/ -- Bridge Bank today announced an expansion of its geographical presence with the opening of a new office in Seattle, along with the hiring of technology banking veteran Tom Reimer as senior vice president. This expansion will enable Bridge Bank to strengthen its existing relationships in the Pacific Northwest while accelerating the growth of its technology banking group portfolio in the region.
"We're committed to growing in top tech markets across the nation," said Dan Myers, chief executive officer of Bridge Bank. "Seattle is a desirable market because of its rich, long history of being the birthplace and home to some of the country's top innovation companies. The city is still experiencing significant growth as new technology companies are launched there allowing them to draw from a strong talent base."
"Although our office is new to the Pacific Northwest, we are not," added Mike Lederman, senior vice president and western region director of Bridge Bank's technology banking group. "Our technology banking team has had a longstanding presence and solid relationships with clients in this region going back more than a decade. We're excited to have an official presence here and look forward to building deeper networks and relationships in the community."
Bridge Bank's Seattle office will be led by Tom Reimer, who has over 20 years of experience in technology banking, including working with venture capitalists, attorneys, and CPAs. Prior to joining Bridge Bank, he served as senior vice president in the technology banking group at Square 1 Bank where he managed the Northwest region. He holds a Bachelor of Arts in Business Administration and Finance from Washington State University.
"I'm delighted to be joining the technology banking group at Bridge Bank," said Reimer. "The market here in Seattle is ripe with opportunity and I look forward to being instrumental in shaping the continued growth of Bridge Bank in the Pacific Northwest."
Tom Reimer can be reached at (253) 222-2405, or [email protected].
About Bridge Bank
Bridge Bank, a division of Western Alliance Bank, Member FDIC, helps business clients realize their growth ambitions. Founded in 2001 in Silicon Valley, Bridge Bank offers a better way to bank for small-market and middle-market businesses across many industries, as well as emerging technology companies and the private equity community. Geared to serving both venture-backed and non-venture-backed companies, Bridge Bank delivers a broad scope of financial solutions including growth capital, equipment and working capital credit facilities, sustainable energy project finance, venture debt, treasury management, asset-based lending, SBA and commercial real estate loans, ESOP finance and a full line of international products and services. Based in San Jose, Bridge Bank has eight offices in major markets across the country along with Western Alliance Bank's powerful array of specialized financial services. Western Alliance Bank is the primary subsidiary of Phoenix-based Western Alliance Bancorporation. One of the country's top-performing banking companies, Western Alliance has ranked in the top 10 on the Forbes "Best Banks in America" list for four consecutive years, 2016-2019. For more information, visit bridgebank.com.
SOURCE Bridge Bank
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