SAN FRANCISCO, May 23, 2016 /PRNewswire/ -- Bridge Bank today announced an expansion of its regional presence with the opening of a new San Francisco branch office in the historic Russ Building in the city's financial district. The new branch location is part of the company's broader mission to offer small and mid-market businesses, and growth-oriented technology companies a better way to bank. It is the eighth location in Bridge Bank's national network of offices.
"We're expanding Bridge Bank's presence with the addition of our second branch in California. Our goal is to make Bridge Bank's banking services more accessible, particularly to the members of the vibrant business community in San Francisco, so we picked a prime location in the Historic Russ Building in the heart of the city's financial district," Margaret Stelma, SVP of branch operations at Bridge Bank. "This new branch represents yet another important channel for us to deepen our relationships with our customers and financial partners in the Bay Area."
"This new branch office is a great complementary addition to our existing presence in the San Francisco Bay Area region," added Mike Lederman, SVP and San Francisco region director at Bridge Bank. "The branch will enhance the overall client experience, and will be an important driver of growth for Bridge Bank in the near term."
The new full-service branch office offers a comprehensive suite of financial services for commercial customers, including depository and treasury services, in addition to SBA lending and corporate banking. Located at 201 Montgomery Street, the new Bridge Bank branch is approximately 5,800 square feet and features a tech bar for its customers. It was designed by Anne Sneed Architectural Interiors and was built to accommodate 6 offices and 11 workstations. With this new office opening, Bridge Bank now has a total of eight locations in major markets across the country.
About Bridge Bank
Bridge Bank is a division of Western Alliance Bank, the go-to bank for business in its growing markets. Bridge Bank was founded in 2001 in Silicon Valley to offer 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 offers 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 robust national platform of specialized financial services. Western Alliance Bank is the primary subsidiary of Phoenix-based Western Alliance Bancorporation. With more than $15 billion in assets, Western Alliance Bancorporation (NYSE: WAL) is one of the fastest-growing bank holding companies in the U.S. and recognized as #10 on the Forbes 2016 "Best Banks in America" list. For more information, visit www.bridgebank.com or follow us on Twitter @Bridgebank.
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SOURCE Bridge Bank