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FDIC certificate 24735 · Santa Clara, CA

What happened to Silicon Valley Bank?

Silicon Valley Bank in Santa Clara, CA failed, and Deposit Insurance National Bank of Santa Clara of Santa Clara, CA took it over on Mar 10, 2023. After 2 more changes of hands, what was Silicon Valley Bank is today part of First-Citizens Bank & Trust Company (Raleigh, NC).

1983
opened
2023
failed
1
name it used
3
steps to today's bank

The chain, step by step

From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.

  1. 1983
    Silicon Valley Bank opens in Santa Clara, CA
  2. Mar 10, 2023
    FAILEDSilicon Valley Bank failed, and Deposit Insurance National Bank of Santa Clara of Santa Clara, CA took it over.FDIC certificate 24735 ends; its business continues under certificate 59331.
  3. Mar 13, 2023
    MERGEDDeposit Insurance National Bank of Santa Clara of Santa Clara, CA merged into Silicon Valley Bridge Bank, National Association of Santa Clara, CA.FDIC certificate 59331 ends; its business continues under certificate 59334.
  4. Mar 26, 2023
    RESOLVEDSilicon Valley Bridge Bank, National Association of Santa Clara, CA was closed in a federal resolution, and its business passed to First-Citizens Bank & Trust Company of Raleigh, NC.FDIC certificate 59334 ends; its business continues under certificate 11063.
  5. Today
    OPEN
    First-Citizens Bank & Trust CompanyMain office Raleigh, NC · FDIC certificate 11063 · 518 offices in 23 states on June 30, 2026

    Every First-Citizens Bank & Trust Company office →   Website on file with the FDIC: www.firstcitizens.com

If you still have something from Silicon Valley Bank

A lien that was never released

Silicon Valley Bank failed on Mar 10, 2023. For a failed bank placed in FDIC receivership, the FDIC may be able to issue the lien release, if the loan was paid off to the bank before it failed or to the FDIC afterward. The FDIC says that where a failed bank had an acquirer, its records in most cases went to that acquirer. Here the chain from the acquirer leads to First-Citizens Bank & Trust Company, which is worth asking too.

Requests go through the FDIC Information and Support Center with the recorded mortgage or title, and proof of payoff. The FDIC says to allow 30 business days once it has every document, and does not take requests by phone or email. Questions: FDIC Resolution Inquiries, 888-206-4662, 8am–4pm Central on weekdays.

An old account, passbook or CD

When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, Deposit Insurance National Bank of Santa Clara). Start with First-Citizens Bank & Trust Company, and ask them to search under the name Silicon Valley Bank.

For failures since mid-1993 the law sets a clock: insured deposits not claimed within 18 months of the FDIC starting to pay depositors are offered to the state of the depositor's last known address on the bank's records. If the state takes them, the owner has 10 years to claim there before the money returns to the FDIC. Check FDIC unclaimed funds search and that state's unclaimed-property program.

A safe deposit box

The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask First-Citizens Bank & Trust Company. A box abandoned for years may have been turned over to the state's unclaimed-property program.

Box contents are not covered by FDIC insurance.

Not sure this is your bank?

Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.

Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.

One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain. The office list below shows which bank each office reports under now.

This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.

Where the guidance comes from ▾

Its offices in the FDIC deposit reports

23 offices filed under this charter in some year from 1994 on. 9 are still open as of June 30, 2026.

OfficeLast filed under itNow
420 Cowper StPalo Alto, CA2022OpenFirst-Citizens Bank & Trust Company
160 Bovet Rd, Suite 100San Mateo, CA2022OpenFirst-Citizens Bank & Trust Company
336 Washington StWellesley, MA2022OpenFirst-Citizens Bank & Trust Company
450 Boylston StBoston, MA2022OpenFirst-Citizens Bank & Trust Company
255 Battery StSan Francisco, CA2022OpenFirst-Citizens Bank & Trust Company
60 S Market StSan Jose, CA2022OpenFirst-Citizens Bank & Trust Company
265 Main StCambridge, MA2022OpenFirst-Citizens Bank & Trust Company
57 Enon StBeverly, MA2022OpenFirst-Citizens Bank & Trust Company
2770 Sand Hill RdMenlo Park, CA2022OpenFirst-Citizens Bank & Trust Company
225 N Beverly DrBeverly Hills, CA2022No longer reported
801 S Figueroa St, Ste 100Los Angeles, CA2022No longer reported
345 E Colorado BlvdPasadena, CA2022No longer reported
520 BroadwaySanta Monica, CA2022No longer reported
899 Adams St, Ste G-2St. Helena, CA2022No longer reported
10 Post Office SqBoston, MA2022No longer reported
2400 Hanover StPalo Alto, CA2022No longer reported
3003 Tasman DrSanta Clara, CA2022No longer reported
3000 Sand Hill Road, Suite 150, Building 3Menlo Park, CA2020No longer reported
39141 Civic Center Drive, StFremont, CA2005No longer reported
9645 Scranton Drive, Suite 110San Diego, CA2000No longer reported
38 Technology Drive, Suite 150Irvine, CA2000No longer reported
2262 North First StreetSan Jose, CA1995No longer reported
10 Almaden BoulevardSan Jose, CA1994No longer reported

Banks folded into Silicon Valley Bank

2 banks merged directly into this charter; counting the banks those had absorbed earlier, 6 charters end up inside it.

BankEndedHow
Boston Private Bank & Trust CompanyBoston, MAJul 1, 2021merged
National InterCity BankSanta Clara, CADec 2, 1986merged

Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 24735 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.