Avidbank Holdings, Inc. Announces Executive Appointments
April 11, 2019 at 03:30 pm IST
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Avidbank Holdings, Inc. announced that four professionals have joined the Bank. Teaming up with Executive Vice President and Division Manager, Sam Bhaumik, and Senior Vice President, Northeast Regional Manager, Bob Foley, are veterans Randy Churchill, Porter McKay, Mike Berrier and Holly Hayes. Randy Churchill brings a unique blend of experience to his new role as Senior Vice President, Southwest Regional Manager. Mr. Churchill comes to Avidbank from Square 1 Bank, where he served as Managing Director, Technology Banking. Porter McKay, also from Square 1 where he managed technology banking relationships in both the Bay Area and Southern California, joins Avidbank as Senior Vice President. His previous experience includes wealth management at Merrill Lynch. Mike Berrier joins Avidbank as Senior Vice President, Senior Credit Officer for the Venture Lending Division. With over 35 years of experience in commercial banking, Mr. Berrier has worked with traditional middle market companies, as well as technology, life sciences and venture capital firms. Mr. Berrier comes to Avidbank from the Banc of California. Holly Hayes joins Avidbank as Vice President. Her previous experience includes technology and venture capital banking at City National Bank, Square 1 Bank and Comerica Bank.
Avidbank Holdings, Inc. is a bank holding company of Avidbank (the Bank). The Bank is a California state-chartered institution, which provides financial solutions and services. The Company specializes in commercial and industrial lending, venture lending, structured finance, asset-based lending, sponsor finance, real estate construction and commercial real estate lending. It offers real estate mortgage, real estate construction, commercial and consumer loans primarily to customers in the California counties of San Mateo, San Francisco and Santa Clara. Its products and services include Deposits, Lending, Cash Management and Online & Mobile. Its corporate banking provides working capital and equipment financing for privately held companies in the Bay Area; mergers and acquisition financing; employee stock ownership plan (ESOP) financing; owner-occupied real estate; and shareholder buyouts. Its specialty finance provides financing solutions to emerging growth companies across the country.