Keri Rees Joins Bridge Bank
Veteran Silicon Valley Banker Joins Bridge Bank's Commercial and Industrial Lending Division as Business Development Officer
| Source: Bridge Bank
SAN JOSE, CA--(Marketwire - December 6, 2007) - Bridge Capital Holdings (NASDAQ : BBNK ), whose
subsidiary is Bridge Bank, National Association, one of the fastest-growing
full-service business banks in California and the Nation, announced today
that veteran San Jose banker Keri Rees has joined the Bank as a Senior Vice
President and Business Development Officer in the Commercial and Industrial
Lending Division.
"We continue to attract highly experienced, talented bankers, and Keri Rees
is one of the best in Santa Clara County," said Lori Edwards, Executive
Vice President and Senior Loan Officer of Bridge Bank. "Keri and I have
worked together in the past and look forward to her contributions in
helping grow Bridge Bank's loan and deposit portfolio."
In her new position, Ms. Rees will focus on delivering banking products to
small business and middle-market companies in the Silicon Valley.
"Bridge Bank has built a reputation of delivering a unique business banking
experience to its clients and I look forward to offering that to my
associates and friends," said Ms. Rees. "The Bank's teams of highly
skilled bankers are truly committed to this community where I have lived
and worked for the past twenty-eight years."
Prior to joining Bridge Bank, Ms. Rees was First Vice President and Manager
of the Business Development team for Comerica Bank's Western Market. From
1994 to 2000, she was a highly successful Business Development Officer for
Comerica Bank's Small Business Banking group. Prior to that, from 1986 to
1994, Keri was Branch Manager for the Winchester Office of Pacific Western
Bank. She started her banking career in 1979 with Pacific Valley Bank,
Pacific Western Bank's predecessor. She quickly went through the ranks of
branch operations and was promoted to work in Custom Banking, the bank's
division serving middle market businesses, title and escrow accounts,
unions and high net worth individuals.
Ms. Rees has been actively involved in the community as a longstanding
member of the Rotary Club of San Jose North, a member of School Health
Clinics of Santa Clara County's resource development committee, and a
member of the advisory board for the Regional Medical Center of San Jose.
She is also a member of various other organizations, including the
California Association for Nonprofits, San Jose Silicon Valley Chamber of
Commerce, National Association of the Remodeling Industry, and the National
Association of Women Business Owners.
Ms. Rees is a graduate of SUNY College at Cortland in Cortland, New York,
graduating with a B.S. degree in Education in 1979. She currently resides
in Milpitas.
Since opening in 2001, Bridge Bank has been recognized as one of the
fastest growing and best performing banks in California and the Nation. At
September 30, 2007, the Company reported total assets of $790 million and
year to date earnings of $8.2 million, an increase of 30% from the prior
year.
Bridge Bank specializes in providing superior service and customized
banking solutions to small and middle-market, and emerging technology
businesses, in Silicon Valley, California, and the Nation. The bank's
product offerings include 24/7 internet-based business cash and treasury
management, on-line account statement and item imaging, remote deposit
capture, commercial lines of credit, construction loans, Small Business
Administration 7(a) and 504 loans as an SBA Preferred Lender
Participant-accredited direct lender, and factoring and asset-based loans
through its Bridge Capital Finance Group.
About Bridge Capital Holdings
Bridge Capital Holdings is the holding company for Bridge Bank, National
Association. Bridge Capital Holdings was formed on October 1, 2004 and is
listed on The NASDAQ Stock Market under the trading symbol BBNK. Visit
Bridge Capital Holdings on the web at www.bridgecapitalholdings.com.
About Bridge Bank, N.A.
Bridge Bank, N.A. is Silicon Valley's full-service professional business
bank. The bank is dedicated to meeting the financial needs of small, middle
market, and emerging technology businesses. Bridge Bank provides its
clients with a comprehensive package of business banking solutions
delivered through experienced, professional bankers. Visit Bridge Bank on
the web at www.bridgebank.com.
Forward-Looking Statements
Certain matters discussed in this press release constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform
Act of 1995, and are subject to the safe harbors created by that Act.
Forward-looking statements describe future plans, strategies, and
expectations, and are based on currently available information,
expectations, assumptions, projections, and management's judgment about the
Bank, the banking industry and general economic conditions. These
forward-looking statements are subject to certain risks and uncertainties
that could cause the actual results, performance or achievements to differ
materially from those expressed, suggested or implied by the
forward-looking statements.
These risks and uncertainties include, but are not limited to: (1)
competitive pressures in the banking industry; (2) changes in interest rate
environment; (3) general economic conditions, nationally, regionally, and
in operating markets; (4) changes in the regulatory environment; (5)
changes in business conditions and inflation; (6) changes in securities
markets; and (7) future credit loss experience.