Avidbank Holdings Company Description
Avidbank Holdings, Inc. operates as a bank holding company for Avidbank that provides financial solutions and services.
The company offers business and personal deposit products, such as checking, money market, and savings accounts; and certificates of deposit.
It also provides lending products, including working capital lines of credit, equipment loans, acquisition financing, shareholder buyouts, ESOP loans, and owner-occupied real estate loans; sponsor finance comprising acquisition term loans, recapitalization term loans, and working capital lines; and venture lending, such as venture debt, growth capital, recurring revenue, and treasury management services.
In addition, the company offers commercial real estate lending consisting of permanent loans and bridge financing products; Asset-Based Lending that includes Borrowing Base and ABL tem loans; and construction lending products, including land acquisition loans, construction spec SFD, owner-occupied SFD, condominiums, subdivision, unsecured business lines, pre-development loans, real estate bridge loans, and RLOC – real estate secured loans.
Further, the company provides private equity and venture capital financing solutions; structure finance; security and fraud prevention services; domestic and international wires, ACH origination, corporate credit cards, bill pay, trade finance letters of credit, and zero balance account; remote deposit capture, ACH collections, incoming wires, lockbox, and merchant services; and online banking real time fraud mitigation tools, check positive pay, and ACH positive pay.
Additionally, it offers ATM/debit cards, credit cards, business courier, and complimentary notary services, as well as online and mobile banking services.
The company was founded in 2003 and is headquartered in San Jose, California.
| Country | United States |
| Founded | 2003 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 148 |
| CEO | Mark Mordell |
Contact Details
Address: 1732 North 1st Street San Jose, California 95112 United States | |
| Phone | 408 200 7390 |
| Website | avidbank.com |
Stock Details
| Ticker Symbol | AVBH |
| Exchange | OTCMKTS |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| ISIN Number | US05368J1034 |
| SIC Code | 6020 |
Key Executives
| Name | Position |
|---|---|
| Mark D. Mordell | Chairman and Chief Executive Officer |
| Patrick Timothy Oakes C.F.A. | Executive Vice President and Chief Financial Officer |
| Gina Thoma-Peterson | Executive Vice President and Chief Operating Officer |
| Victor DeMarco | EVice President, Chief Legal Officer and Head of Advisory Services |
| Sarah Wesner | Senior Vice President and Divisional Manager of Corporate Banking |
| Geoffrey E. Butner | Executive Vice President and Chief Credit Officer |
| Tami Benedict | Executive Vice President and Chief of Staff |
| Arthur Wasson | Executive Vice President of Treasury Management Services |
| Christina Scheper | Senior Vice President |
| Greg J. Hickel | Senior Vice President and Senior Credit Administrator of Avidbank |