SAN JOSE, CA--(Marketwired - Apr 21, 2014) - Heritage Commerce Corp (NASDAQ: HTBK) announced today that Michael Hansen has joined the Bank as Senior Vice President and will head the Corporate Finance Division of Heritage Bank of Commerce.
"We are excited to announce that Michael will be heading our new Corporate Finance Division," said Walt Kaczmarek, President and CEO. "Michael will focus on our existing Asset Based Lending portfolio and expanding its growth to include venture backed and technology companies."
Hansen comes to Heritage Bank of Commerce from Avidbank, headquartered in Palo Alto, where he was an Executive Vice President and founded their Corporate Finance Group. As a founder of their Corporate Finance Group, he provided Asset Based Lending products to companies throughout the United States. Prior to Avidbank, Hansen was Senior Vice President at Greater Bay Business Funding, a division of Greater Bay Bank, where he responsible for all business development of that group.
"Michael has a great reputation for building a profitable portfolio and brings a wealth of knowledge which will allow us to expand our footprint to areas such as New York, Boston, Austin and other technology-based hubs within the United States," stated Walt Kaczmarek. "His leadership and resources will help take us to the next level."
Hansen received a Bachelor's degree in Business Administration from Loyola Marymount University.
About Heritage Bank of Commerce
Heritage Commerce Corp, a bank holding company established in February 1998, is the parent company of Heritage Bank of Commerce, established in 1994 and headquartered in San Jose with full-service branches in Danville, Fremont, Gilroy, Los Altos, Los Gatos, Morgan Hill, Pleasanton, Sunnyvale, and Walnut Creek. Heritage Bank of Commerce is an SBA Preferred Lender with an additional Loan Production Office in Lincoln, California. For more information, please visit www.HeritageCommerceCorp.com.