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Home > Company Index > Banking > Banking - Northeast > SVB Financial Services, Inc.

SVB Financial Services, Inc.
Nasdaq: SVBF
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 PROFILE
SVB Financial Services is the holding company for Somerset Valley Bank, a community-oriented bank serving individuals and regional businesses through almost a dozen branches in New Jersey's affluent Somerset County suburbs between New York and Philadelphia. Traditional deposit services include savings, checking, NOW, and money market accounts and CDs. A preferred SBA lender, the bank's activities are geared toward its business accounts; commercial real estate loans make up about 30% of the loan portfolio, while commercial loans comprise about another 20%. Residential mortgage (30%), construction, auto, and consumer loans are also available.

 COMPETITION
FleetBoston Financial Corporation (FBF)
J.P. Morgan Chase & Co. (JPM)
United National Bancorp (UNBJ)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 18.90
1-Yr. Sales Growth: 24.3%
Employees: 90
Revenue per employee: $210,000.00

 KEY PEOPLE
• Robert P. Corcoran
    CEO
• Keith B. McCarthy
    CFO

 CONTACT INFO
70 East Main St.
Somerville, NJ 08876
US
Phone: 908-704-1188
Fax: 908-541-6464
Online: Web Site

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