Ms Madrigal has over 20 years of experience in the banking industry as a lender and loan department manager, working with a variety of Southern California businesses. She was most recently vice president and community lending manager for San Diego National Bank.
Alan Lane, president and CEO of Silvergate Capital, said: “Ms Madrigal is a skilled banker whose background in commercial and industrial lending further strengthens our business banking capabilities for small to medium sized companies. She will be working with our managers and business development officers to identify, structure, and implement customized financing solutions for both current and new clients of the bank.”
Ms Madrigal said: “I am very happy to be joining Silvergate Bank. With its strong capital position, profitability, and experienced leadership, Silvergate is uniquely positioned to deliver banking services that meet business needs. Silvergate Bank is the ideal bank for companies to partner with in these challenging times.”