NorthBay Biz: Wine Country and the Silicon Valley Bank Hangover

By Published On: May 23, 2023

It wasn’t until late Sunday, March 26 that First Citizens Bancorp (FCNCA) agreed to purchase most of SVB, including its wine division at a discount price. The wine platform has been the dominant lender in Napa and Sonoma for three decades, so the bank shutdown caused consternation in the wine country.

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The Wine Bulletin keeps up with trends and topics for the wine industry.