Sowell Jack R CPA

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4250 Executive Sq Ste 150
La Jolla, CA 92037
+1 (858) 455-7190
https://www.silvergate.com

Silvergate Bank, headquartered in La Jolla, California, has recently entered into settlement agreements with various regulatory bodies, including the Federal Reserve, the California Department of Financial Protection and Innovation, and the Securities and Exchange Commission. The bank made the decision to voluntarily liquidate its operations in March 2023 without government assistance, ultimately repaying all deposits to its customers by November 2023.

This strategic move marks Silvergate's transition into an orderly wind-down process, allowing the bank to surrender its charter while concluding ongoing investigations. As of July 2024, the institution has officially ceased all banking operations, finalizing its liquidation efforts.

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5.01 reviews
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Jonathan F.
2/22/2020

I've been a loyal client of a mid-sized accounting firm for over 30 years. This firm decided to merge with another firm and I became unimpressed with the tax advice being provided. I was referred...

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Stephen Jackman is a professional accounting service located in San Diego, CA. With a focus on providing reliable financial solutions, they cater to both individuals and businesses. Their experienced team is dedicated to helping clients manage their finances efficiently, ensuring accurate accounting practices and personalized service. Generated from this place's information
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