May 18, 2013 6:03 AM ET

Commercial Banks

Company Overview of Avidbank

Company Overview

Avidbank, a state chartered commercial bank, provides financial solutions and services in the United States. It offers personal banking solutions that include deposits, loans, and other services; and personal credit, ATM/debit card, personal banking online, mobile banking, and telebanking services. The company also provides not-for-profit banking services; and personal, business, construction, and technology and asset-based lending services. In addition, it offers commercial and industrial, corporate finance, real estate construction, commercial real estate lending, and real estate bridge financing solutions. Avidbank was formerly known as The Private Bank of the Peninsula and changed its na...

Detailed Description

505 Hamilton Avenue

Palo Alto, CA 94301

United States

Founded in 2003

Phone:

650-843-2265

Fax:

650-289-9192

www.the-private-bank.com

Key Executives for Avidbank

Chairman of The Board and Chief Executive Officer
Age: 52
President and Member of The Board of Directors
Age: 65
Chief Financial Officer and Executive Vice President
Senior Vice President of Corporate Finance
Executive Vice President of Corporate Finance
Compensation as of Fiscal Year 2012.

Avidbank Key Developments

Avidbank Announces Executive Changes

Avidbank announced that Ronald E. Oliveira has been named its new Executive Vice President and Chief Credit Officer. Oliveira is replacing Michael S. Barton who announced his intent to retire earlier this year. Mr. Oliveira has over 30 years of experience in the banking and financial services industry including both big bank and small bank experience. He most recently served as President and Chief Operations Officer, and previously as Chief Credit Officer, for Heritage Oaks Bank in Paso Robles, California.

Avidbank and Avidbank Holdings, Inc. Appoint Daniel P. Vetras as Board of Directors

Avidbank announced that Daniel P. Vetras has joined the Board of Directors of Avidbank and Avidbank Holdings, Inc. Mr. Vetras has over 30 years of experience in business and technology leadership and is currently President and CEO of Kontiki.

Scott J. Chamberlin Joins Avidbank as Executive Vice President, Business Development

Avidbank announced that Scott J. Chamberlin has joined the bank as Executive Vice President, Business Development. Chamberlin brings seventeen years of financial services and lending experience to Avidbank. His most recent tenure was with Bridge Bank where he was Senior Vice President and Co-Founder of the Bridge Technology Banking Group. Chamberlin's career also included executive positions at Silicon Valley Bank, City National Bank and Bank of America. In addition to personal, real estate and commercial/industrial lending, the company has made a commitment to expand corporate finance division, especially in the technology and asset-based lending markets.

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