Silvergate Bank

Silvergate Bank was established on August 26, 1988, originally operating under the name Silvergate Thrift and Loan Company. The institution's first main office was located at 8100 La Mesa Boulevard, Suite 100 in La Mesa, California. Over the years, Silvergate underwent several changes, including a name change to Silvergate Bank on July 29, 1997. The organization transitioned from a thrift and loan company to a commercial bank on February 28, 2009. On December 7, 2012, Silvergate Bank became a member of the Federal Reserve System and changed its primary federal regulatory agency to the Federal Reserve, as well as its bank class to a state-chartered bank. The main office moved multiple times within La Jolla, California, culminating in a final relocation to 4250 Executive Square Suite 300 on March 31, 2022. Unfortunately, on June 30, 2024, Silvergate Bank closed voluntarily and liquidated its assets.

Below is a list of some important events in banks history, including mergers and acquisitions.

1988-08-26Institution established. Original name: Silvergate Thrift and Loan Company.

1991-04-29Main Office moved to 8100 La Mesa Boulevard, Suite 100, La Mesa, CA 91941.

1997-07-29Changed Institution Name to Silvergate Bank.

2001-01-16Main Office moved to 3252 Holiday Court, Suite 226, La Jolla, CA 92037.

2003-03-24Main Office moved to 4275 Executive Square, Suite800, La Jolla, CA 92037.

2009-02-28Changed Organization Type to Commercial Bank.

2012-12-07Institution becomes member of the Federal Reserve System.

2012-12-07Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

2012-12-07Changed Primary Federal Regulatory Agency to FED.

2012-12-07Changed Institution Name to Silvergate Bank.

2017-02-21Main Office moved to 4250 Executive Square Suite 300, La Jolla, CA 92037.

2022-03-31Main Office moved to 4250 Executive Sq, La Jolla, CA 92037.

2024-06-30Closed voluntarily and liquidated its assets.