Silicon Valley Bank Named a Top Workplace in the Bay Area: Ranking #4 in Large Co. Category

San Jose Mercury News Honors SVB for Leadership, Benefits and Diversity

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Jun 21, 2010, 08:00 ET

SANTA CLARA, Calif., June 21 /PRNewswire-FirstCall/ -- Silicon Valley Bank (SVB), the premier commercial bank for companies in the technology, life science, venture capital and premium wine industries, was named a Top Workplace in the Bay Area by the San Jose Mercury News. SVB was ranked #4 in the large company category. Silicon Valley Bank is a member of SVB Financial Group (Nasdaq: SIVB).

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Through an anonymous survey, SVB's employees gave the company high marks in company leadership, compensation and training, workplace flexibility, and diversity, was among the top companies to work for in the Bay Area.

"We work extremely hard to make SVB an entrepreneurial, challenging, and supportive place to work, so it's great to hear that our employees believe it is. Engaged employees are motivated and enthusiastic about taking excellent care of our clients," said Chris Edmonds-Waters, head of human resources for SVB Financial Group.

"Employees often tell us that if you're going to be in banking, there's no better place to do it than Silicon Valley Bank. Our innovative technology and life science clients are literally changing the world, and we all have an opportunity to help them accomplish their most ambitious goals," Edmonds-Waters said.

Silicon Valley Bank, the primary operating subsidiary SVB Financial Group, helps entrepreneurs as well as growing and established companies succeed, offering diversified and complementary financial services to technology and life science companies, venture capital and private equity firms and premium wineries. The company is widely recognized for its ability to develop innovative approaches to meet the unique financial needs of its clients. Over nearly three decades, SVB has become one of the most respected names in the financial services industry and has worked with some of the world's most successful technology and life sciences companies. These companies face unique challenges and require special services, such as finding the right venture capitalist or angel investor, securing capital to support rapid growth, or driving overseas expansion, and SVB's services are specifically tailored to meet its clients' needs at every stage of corporate growth.

SVB offers a comprehensive benefits package, including health benefits, retirement plans, disability, life and other insurance, time off, stock options, employee stock purchase and many other services designed for the well-being of its employees. SVB also invests in employee professional development, offering training programs, financial assistance for education, and leadership development for new and existing managers. SVB encourages a spirit of entrepreneurialism within its workforce that empowers employees to develop new businesses and creative solutions for their jobs and their clients.

To inquire about joining the SVB Financial Group team in one of 31 locations worldwide, please visit www.svb.com/careers.

About Silicon Valley Bank

Silicon Valley Bank is the premier commercial bank for companies in the technology, life science, venture capital, private equity and premium wine industries. SVB provides a comprehensive suite of financing solutions, treasury management, corporate investment and international banking services to its clients worldwide. Through its focus on specialized markets and extensive knowledge of the people and business issues driving them, Silicon Valley Bank provides a level of service and partnership that measurably impacts its clients' success. Founded in 1983 and headquartered in Santa Clara, Calif., the company serves clients around the world through 26 U.S. offices and international operations in China, India, Israel and the United Kingdom. Silicon Valley Bank is a member of global financial services firm SVB Financial Group (Nasdaq: SIVB), with SVB Analytics, SVB Capital, SVB Global and SVB Private Client Services. More information on the company can be found at www.svb.com.

Silicon Valley Bank is the California bank subsidiary and commercial banking operation of SVB Financial Group. Banking services are provided by Silicon Valley Bank, a member of the FDIC and the Federal Reserve System. SVB Financial Group is also a member of the Federal Reserve System.

SOURCE Silicon Valley Bank