SANTA CLARA, Calif., July 11, 2013 /PRNewswire/ -- Silicon Valley Bank, financial partner to the innovation sector, its investors, and the wine industry, launched a global community service campaign in honor of the company's 30th anniversary. Silicon Valley Bank's 1,650 employees in more than 30 cities across the US and internationally, will participate in volunteer events for not-for-profit organizations in their local area throughout the remainder of the year.
"Our people are as driven to support meaningful causes as they are to support our clients, so it came as no surprise when we asked our employees how we should celebrate our 30th year in business, they said they wanted to give back," said Greg Becker, President and CEO, Silicon Valley Bank. "We know that positive change starts with individuals. We're looking forward to giving our employees an opportunity to engage our clients and collectively make an impact where they live and work."
Silicon Valley Bank opened its doors in the heart of Silicon Valley in 1983 to lend startup capital to companies that other banks thought too risky to take on as clients. Today, SVB provides commercial banking services, industry knowledge and a vast global network of connections to companies of all sizes in the technology, life science, cleantech, venture capital, private equity and premium wine industries.
The "30 Years | 30 Causes" initiative was developed after the company crowd sourced ideas from its employees to celebrate its anniversary. The global series of events begins today at the Twin Cities Habitat for Humanity Entrepreneur House. SVB's team based in Minnesota will contribute to a full house renovation in St. Paul. Our Northern Virginia/ DC team will upgrade and increase the dog kennels at the Commonwealth Humane Society on July 19th and the Portland, OR-based team will be helping teens build and harvest vegetable gardens at the SupaFresh Youth Farm on August 16th. By year end, the company expects to complete 30 events in 15 states and five countries.
Points of Light is assisting SVB with the development and execution of its events worldwide.
A listing of SVB's 30 Years | 30 causes events, as well as photos, will be updated at svb.com/svb-30-years/ and www.facebook.com/SVBFinancialGroup . Follow @SVB_Financial's community service initiatives on Twitter with #SVB30.
About Silicon Valley Bank
Banking the world's most innovative companies and exclusive wineries, SVB's diverse financial services, knowledge, global network, and world class service increase our clients' probability of success. With $23 billion in assets and more than 1,600 employees, we provide commercial, international and private banking through 34 locations worldwide. Forbes Magazine ranks us among America's Best Banks and Fortune considered SVB one of the best places to work. (Nasdaq: SIVB) www.svb.com
Silicon Valley Bank is the California bank subsidiary and the 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