Bridge Bank Opens San Francisco Technology Banking Office
Mike Lederman Named to Open and Manage New Office
| Source: Bridge Capital Holdings
SAN JOSE, CA--(Marketwire - May 6, 2008) - Bridge Capital Holdings (NASDAQ : BBNK ), whose
subsidiary is Bridge Bank, National Association announced today that it has
opened a new San Francisco Region Technology Banking Loan Production
Office. Mike Lederman, Vice President of Technology Banking, was appointed
to manage the new office. The office was opened May 1st and is located at
425 Market Street in the financial district of San Francisco.
"We are pleased to have a professional business banker with Mike's
experience expand our Technology Banking efforts in the San Francisco
region," stated Daniel P. Myers, President and Chief Executive Officer of
Bridge Bank, N.A. and Bridge Capital Holdings. "Mike will continue his
successful efforts to bring Bridge Bank's unique business banking
experience to more companies in the San Francisco region and help provide
excellent client service to the region's technology and life science
community."
During his five year career at Bridge Bank, Mr. Lederman has leveraged his
knowledge of commercial banking, cash management, and investment experience
to provide creative banking solutions to technology and life science
companies in the Silicon Valley region. Prior to joining Bridge Bank, Mr.
Lederman served in various lending positions with Silicon Valley Bank.
"Mike has an excellent track record in providing unique financial solutions
to companies nationwide. He strives to provide 'out-of-the-box' financial
solutions with the highest level of client service to the business
community," said Michael Field, Bridge Bank's Executive Vice President and
Technology Banking Division Manager.
"Technology and Life Science companies in the San Francisco region need a
banking partner that understands how to provide creative financial
solutions that will expand in complexity as their business grows. Bridge
Bank provides a consultative approach to determining client needs, a
complete and competitive set of products and services, and a high degree of
customer service," said Mr. Lederman. "Bridge Bank has built a quality
portfolio of clients in the Technology and Life Science industries in the
San Francisco region, and we look forward to continuing our growth in this
region with a dedicated Technology Banking Office."
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, a full suite of International products and services, on-line
account statement and item imaging, remote deposit capture, commercial
lines of credit, growth capital financing, 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
holds a Global Select listing 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.