PALO ALTO, Calif.--(BUSINESS WIRE)--
Avidbank announced that it has recently expanded its San Jose loan
production office in San Jose. Avidbank first opened the San Jose office
in April of 2012 to accommodate its growing Corporate Banking division.
The Bank’s new office includes both the Corporate Banking and Corporate
Finance Divisions as well as certain operational functions. The office
remains at the same 50 W. San Fernando Street location, but is now in a
much larger space – suite #850.
“We are pleased with the traction we have obtained in this market and
are committed to expanding our presence in the South Bay. We are moving
a significant number of employees from our Palo Alto and Redwood City
offices to San Jose. This move accommodates our current staffing needs
and allows room for future growth,” stated Mark D. Mordell, Chairman and
CEO of Avidbank. “We have enjoyed our downtown San Jose location and
look forward to increasing our presence in the valley as we grow our
Bank and strengthen our brand.”
About Avidbank
Our goal at Avidbank is to advance our clients’ success by offering
innovative financial solutions and service. Our experienced people
provide a unique and individualized banking experience based on mutual
effort, ingenuity and trust, creating long-term banking relationships.
Avidbank specializes in the following markets: commercial and
industrial, corporate finance, technology and asset-based lending, real
estate construction, commercial real estate lending and real estate
bridge financing.
Avidbank
Steve Leen, 650-843-2204
Chief Financial Officer
www.avidbank.com
Source: Avidbank