PALO ALTO, Calif.--(BUSINESS WIRE)--
Avidbank Holdings, Inc., parent company of Avidbank, announced today
that Fergal O’Boyle has been promoted to Executive Vice President of the
Bank’s Real Estate Construction Lending Division.
Mr. O’Boyle, a Peninsula native, joined Avidbank in 2008 as a Senior
Vice President. He has over 20 years of banking and construction lending
business experience in the San Francisco Bay Area market.
“Fergal’s vast experience and ties to the Peninsula are his key assets.
We are proud to recognize his performance and ongoing success,” stated
Mark D. Mordell, Chairman and CEO of Avidbank. “His depth of market
knowledge allows us to continue capitalizing on local construction
lending opportunities.”
“I am excited about this promotion. I look forward to keeping the
division’s momentum going with its overall contribution to the Bank’s
success,” stated Fergal. “I enjoy being an integral part of the
renovation and growth of the community in which I was raised.”
About Avidbank
Avidbank Holdings, Inc. (OTCBB: AVBH), headquartered in Palo Alto,
California, offers innovative financial solutions and services. We
specialize in the following markets: commercial & industrial, technology
lending, asset-based lending, specialty finance, real estate
construction and commercial real estate lending, and real estate bridge
financing. Avidbank advances the success of our clients by providing
them with financial opportunities and serving them as we wish to be
served - with mutual effort, ingenuity and trust - creating long-term
banking relationships.

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Avidbank Holdings, Inc.
Steve Leen, 650-843-2204
Chief
Financial Officer
www.avidbank.com
Source: Avidbank Holdings, Inc.