Silicon Valley Bridge Bank was the receivership bridge institution from which First Citizens acquired substantially all loans and certain other assets and assumed customer deposits and certain liabilities in March 2023.
This bridge bank is distinct from the former SVB Financial Group parent and the subsequent Silicon Valley-branded division of First Citizens.
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First Citizens Bank combines a widening branch franchise with CIT-derived equipment and rail finance and the acquired Silicon Valley innovation business. Its 2026 branch acquisition, brand transition and acquisition-related funding make legal entities, service boundaries and reporting dates especially important.
Curated library records that name Silicon Valley Bridge Bank or connect through its linked research. The official source provides full scope and status.
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