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Share this article Share this article SANTA CLARA, Calif. and BOSTON, May 20, 2021 /PRNewswire/  SVB Financial Group ( SVB ) (NASDAQ: SIVB), the parent of Silicon Valley Bank, the bank of the world s most innovative companies and their investors, today announced a proposed five-year, $11.2 billion community benefits plan that builds on its long-standing commitment toward helping small businesses, financing affordable housing, reinvesting in low- and moderate-income ( LMI ) communities and supporting the greater good through philanthropy and volunteering. The plan was developed in collaboration with the California Reinvestment Coalition ( CRC ), The Greenlining Institute, Massachusetts Affordable Housing Alliance ( MAHA ) and Massachusetts Association of Community Development Corporations ( MACDC ), based on anticipated growth resulting from and subject to the completion of SVB s pending acquisition of Boston Private Financial Holdings, Inc. ( Boston Private ) (NASDAQ: BPFH), the

United statesCity of bostonSymone crawfordLos angelesSanta claraKevin steinGreg beckerCommunity reinvestmentSilicon valley bankCalifornia reinvestment coalitionCommunity reinvestment actGreenlining instituteCommunity development corporationsBoston private bank trust companyMassachusetts housing partnershipMassachusetts affordable housing alliance