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Community Reinvestment Act
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The mission of Silicon Valley Bank's CRA Program is rooted in the belief that communities are the building blocks of our nation and that the economic health of our communities affects not only our local economy, but that of the nation as well. Although financial institutions like Silicon Valley Bank have a regulatory obligation to address the credit needs of the communities they serve, sustainable community development requires collaboration among various financial institutions, community organizations, corporate leaders, foundations, government entities and others. Silicon Valley Bank's CRA goal is to dedicate resources to positively impact communities throughout its footprint in a manner that is sustainable and inclusive. To this end, the Bank seeks to promote:
- The active engagement of Silicon Valley Bank's core business lines in traditionally underserved markets; and
- Mutually beneficial cooperation between Silicon Valley Bank and high-performing community development organizations.
Most Recent Exam: August 20, 2007
Rating: Satisfactory
Public Evaluation: Click here to view. (PDF, 156 KB) |
To learn more about the Community Reinvestment Act and how it applies to Silicon Valley Bank, click here.
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Overview