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1 PitchBook Data, Inc. and SVB analysis, as of 6/30/2024.
All non-SVB named companies listed are independent third parties and are not affiliated with Silicon Valley Bank, a division of First-Citizens Bank & Trust Company.
Banking, lending and trust products or services are offered by Silicon Valley Bank, a division of First Citizens Bank. Member FDIC.
2 Terms and account features for the SVB Business Checking are subject to change without notice. For additional terms and conditions, please see Silicon Valley Bank’s Deposit Agreement and Disclosure Statement and Schedule of Fees and Charges.
3 All credit products and loans are subject to underwriting, credit, and collateral approval. All information contained herein is for informational purposes only and no guarantee is expressed or implied. Rates, terms, programs and underwriting policies subject to change without notice. This is not a commitment to lend. Terms and conditions apply.
4 Cash Sweep and Demand Deposit Accounts (DDA) are offered and provided by Silicon Valley Bank. Separately Managed Accounts are advised by SVB Asset Management (SAM) and custodied at a third-party custodian. SVB Asset Management is a wholly owned, non-bank subsidiary of Silicon Valley Bank, a division of First-Citizens Bank & Trust Company.
SVB’s Cash Sweep Program is a product of Silicon Valley Bank, a division of First-Citizens Bank & Trust Company. Additional terms and conditions apply. Please refer to SVB’s Cash Sweep Program Account Agreement for additional details. Investors in a money market fund should consider carefully the information contained in the prospectus of the fund, including investment objectives, risks, charges and expenses. You can obtain a prospectus by clicking on specific fund companies at www.svb.com/cash-sweep or by calling your relationship advisor. Please read the prospectus carefully before investing. Shares in money market funds are not deposits within the meaning of 12 U.S.C. § 1813(l) and are not insured by the FDIC. Although money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.
Investments products and services offered by SVB Asset Management, and investments in money market funds:
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Are not insured by the FDIC or any other federal government agency |
Are not deposits of or guaranteed by a bank |
May lose value |
Are subject to investment risks including possible loss of principal invested |
Money Market Accounts (MMA) and Demand Deposit Accounts (DDA) are offered and provided by Silicon Valley Bank; and, Separately Managed Accounts are advised by SVB Asset Management (SAM), and custodied at a third-party custodian. Money Market Accounts are interest bearing accounts unless otherwise stated. The interest rate and Annual Percentage Yield (APY), if applicable is disclosed on the Money Market Account Rate Sheet issued at or prior to account opening; rates are variable and subject to change before or after account opening. You must deposit and maintain a minimum balance amount when required for the respective MMA product and tier in order to earn the disclosed Annual Percentage Yield (APY) or interest rate. A fee may apply for each month your balance falls below the disclosed minimum - SVB MMAs with no transaction/monthly min. fees, or no minimum account opening balance currently include the Enhanced Rate MMA, Premium MMA, PES Bonus MMA or Startup MMA only. Interest is calculated daily and credited monthly to the account. MMA’s are subject to statement cycle transaction limits. Fees could reduce earnings on the account. For current information on MMA products, rates and tiers, or to obtain Silicon Valley Bank’s Deposit Agreement and Disclosure Statement please contact Client Services at 1-800-774-7390.
5 Foreign exchange transactions can be highly risky, and losses may occur in short periods of time if there is an adverse movement of exchange rates. Exchange rates can be highly volatile and are impacted by numerous economic, political and social factors as well as supply and demand and governmental intervention, control and adjustments. Investments in financial instruments carry significant risk, including the possible loss of the principal amount invested. Before entering any foreign exchange transaction, you should obtain advice from your own accounting, tax, financial, legal and other advisors and only make investment decisions on the basis of your own objectives, experience and resources.