New community bank is Bay Areas first in nearly two decades Tom Vertin is CEO of the proposed Altos Bank, a startup community bank in Los Altos The loss of Silicon Valley Bank and First Republic Bank last year provided talent and potential customers
Altos Bank | Downtown Los Altos We're dedicated to providing innovative, digital-first business banking solutions that simplify financial management, foster economic development, and support the unique needs of Silicon Valley's entrepreneurs and small businesses
New Los Altos bank aims to provide quality business services After the closures of high-profile banks including Silicon Valley Bank and First Republic Bank, acquired by JPMorgan Chase Bank, Altos Bank CEO Tom Vertin said there’s an absence of small, high-quality service banks that cater to businesses and their owners: Altos Bank is looking to fill that void
Altos Bank (in Organization) Will Mark a Significant Milestone in . . . The new bank, Altos Bank (in organization), will be headquartered in Los Altos in the heart of Silicon Valley, promoting economic growth, inclusivity, sustainability and prosperity in the communities served by empowering small business and investors
Altos Bank, Los Altos, CA - FDIC The application is intended to establish a newly chartered state nonmember commercial bank The organizers concurrently applied to the California Department of Financial Protection and Innovation (“CDFPI”) for a state bank charter to form a de novo commercial bank to be known as Altos Bank
Silicon Valley de novo poised to fill gap left by failed banks In March 2023, a month after the Altos Bank group hired its executive team in preparation for a de novo application with California's Department of Financial Protection and Innovation, Silicon Valley was rocked by the failure of the $209 billion-asset Silicon Valley Bank in Santa Clara
FDIC gives conditional approval to proposed California de novo – The . . . Organizers of a proposed community bank in California have received conditional approval from the Federal Deposit Insurance Corp The proposed Altos Bank in Los Altos, which plans to focus on small businesses, must raise $25 million before opening
Proposed business-focused Calif. bank secures state regulator approval . . . Organizers of a proposed community bank in California have received conditional approval from the California Department of Financial Protection and Innovation The proposed Altos Bank would be based in Los Altos and focus on small businesses
TOM TOLDA - Altos Bank | LinkedIn Non-profit providing food, clothing, and toys to those in need in Contra Costa County, CA Accomplished finance executive with 20 + years of U S and international experience in… · Experience: