899 Adams St. Suite G-2, St. Helena, CA, United States of America, 94574

https://www.svb.com/premium-wine-banking/

(707) 967-1367

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Will There Be a Silicon Valley Bank DtC Report This Year? It’s Looking Doubtful - SVB Needs Your Response

Take the SVB DtC Survey here

Excerpt from Rob McMillan's Blog, SVB on Wine:

Without greater participation this last week, there will be no SVB Direct to Consumer Report produced this year.

It's always difficult to get survey participants. This year the effort had a higher degree of difficulty because the bank failed. I'm sure you heard that news. 

Three weeks later though, we were purchased by First Citizens Bank, and we are today operating as Silicon Valley Bank, a division of First Citizens Bank. 

During that dark period when we were being run by the FDIC, we literally had hundreds of people encouraging us to find a way to continue producing the gratis information we've done for more than 20 years. Because of that encouragement, with the ownership question behind, we decided to produce the Direct to Consumer survey and report, a month later than usual. It was the industry encouragement that was the deciding factor. 

For those who may be unaware, here is the information produced last year.

Sadly, as of Sunday evening with the survey open for nineteen days already, we only have 185 total survey responses. We need closer to 600 to provide good industry analysis.

The Annual Direct to Consumer Survey will close this next weekend on Sunday May 22nd. If we have insufficient responses which appears likely, we won't be able to produce a report this year.

If you would like to reverse that outcome and receive the metrics and analysis we've always provided, and support all those in the wine business, academia, and the investment community who use this information, PLEASE take the survey and encourage your social media contacts to do the same.

Here is a link to the questions, and here is the link to the survey.

DTC Wine Survey direct to consumer Silicon Valley Bank wineries

About

For nearly 30 years, Silicon Valley Bank has been dedicated to providing global financial services to some of the most innovative and entrepreneurial companies in the technology, life science, venture capital and premium wine industries. Our experience with these industries affords us a deep understanding of our clients' business models and a high level of comfort with the business cycles inherent to these dynamic markets.

Silicon Valley Bank offers a full range of sophisticated banking and investment services, but what sets us apart from other banks is our innovative approach and deep commitment to helping entrepreneurial companies of all sizes, and at all stages, grow their businesses around the world.

Over the years, we've built an unparalleled network of relationships with companies, service providers and venture capital. Silicon Valley Bank helps clients gain access to the right people and the right resources to achieve their goals.

Wine Division

When formed in 1994 to serve premium wineries and vineyards, Silicon Valley Bank's first wine industry office stood as the only banking office in the United States dedicated exclusively to the premium wine industry. Today Silicon Valley Bank's Wine Division is the leading provider of financial services to wineries and vineyards in the western United States, with over 300 winery and vineyard clients, and growing, in Napa, Sonoma, the Central Coast of California, Oregon and Washington.

Silicon Valley Bank's premium wine specialists are a unique group they are experts in the wine industry and understand that the winemaking business is like few others. They have a thorough appreciation for the rewards that come from winemaking, but also understand the risks and challenges faced by vintners. You'll find that our team of 35 professionals is enthusiastic about helping you turn challenges into opportunities.

Contact

Contact List

Title Name Email Phone Extension
Division Relationship Mgr - Founder, Wine Division Rob McMillan rmcmillan@svb.com 707-967-1367
Wine Division Manager Bill Stevens wstevens@svb.com 707-967-1373

Location List

Locations Address State Country Zip Code
Silicon Valley Bank 899 Adams St. Suite G-2, St. Helena CA United States of America 94574

List of Locations