We’re here to help
Column N.A. is an OCC regulated, nationally chartered bank built for complex commercial and payments focused customers. We can get an FDIC-insured bank account open for your business swiftly and safely.
Silicon Valley Bank is being placed into receivership and facing insolvency, and we are actively monitoring the situation while working 24/7 to onboard customers. We are efficient, nimble, hyper-responsive, and customer-focused, all while holding ourselves to the highest standards in order to safely serve our customers. Whether you relied on Silicon Valley Bank for an FBO account, complex payment operations or just an operating account, we're here to help.
FBO Accounts, Payments and
At Column, you have access to the fastest payment rails, which customers use most often with our core product offering: an FBO account for your customers’ money movement needs. We are developer forward, fast to market, and built to scale with you, mitigating against many of SVB’s limitations. We are actively onboarding FBO customer prospects and would love to prioritize serving your needs.Sign up for an FBO Account
To expedite the onboarding, please email firstname.lastname@example.org.
For those in need of a quick migration off of your SVB operating bank account, opening a bank account and transferring funds has never been easier. Simply go through Column’s onboarding flow via our dashboard. Safely hold your funds in an FDIC-insured bank account, with easy access to Column’s full suite of payment rails.Sign up for a Commercial Account
To expedite the onboarding, please email email@example.com.
Monday, 13 March 2023
SVB announced all wires that have not been processed by SVB on Thursday, March 9th and Friday, March 10th have been cancelled.
Sunday, 12 March 2023
FDIC announced that to protect depositors, all insured and uninsured deposits would be transferred to a full-service “bridge bank” operated by the FDIC on Monday, March 13th. This helps safeguard depositors’ funds and make them whole.
Friday, 10 March 2023
Silicon Valley Bank was closed by the California Department of Financial Protection & Innovation and the FDIC was named Receiver and seizes SVB’s assets.
Thursday, 9 March 2023
Silicon Valley Bank announced their plan to raise capital or search for an acquirer as the bank faces insolvency post a significant liquidity crunch.
Frequently asked questions
What is the first step I should take to migrate my funds to Column?
Create a bank account at Column to begin the process to receive funds.
Who can I contact about the state of my deposits or uninsured funds with SVB?
Please contact the FDIC Call Center at 1-866-799-0959 with any additional questions regarding your deposits at SVB.
I have further questions about account opening, the status of my funds, and/or the transfer process with Column. Who can I contact?
Please reach out to firstname.lastname@example.org with any questions on how we can assist you and your business, and we’ll do everything we can to help.