# Silvergate Capital Corporation, La Jolla, California and Silvergate Bank, La Jolla, California — Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated

For Silvergate Capital Corporation, La Jolla, California and Silvergate Bank, La Jolla, California, action is Cease and Desist Order; effective date is 2023-05-23; termination date is 2024-07-23; board document is https://www.federalreserve.gov/newsevents/pressreleases/enforcement20230601a.htm; document type is Press Release, verified against its source on 2026-08-11.

- **Banking organisation:** Silvergate Capital Corporation, La Jolla, California and Silvergate Bank, La Jolla, California _(verified: appears in the quote below)_
- **Action:** Cease and Desist Order _(verified: appears in the quote below)_
- **Effective date:** 2023-05-23 _(verified: appears in the quote below)_
- **Termination date:** 2024-07-23 _(verified: appears in the quote below)_
- **Board document:** https://www.federalreserve.gov/newsevents/pressreleases/enforcement20230601a.htm _(verified: appears in the quote below)_
- **Document type:** Press Release _(verified: appears in the quote below)_

## What the source says

> 2023-05-23,2024-07-23,,,"Silvergate Capital Corporation, La Jolla, California and Silvergate Bank, La Jolla, California",Cease and Desist Order,https://www.federalreserve.gov/newsevents/pressreleases/enforcement20230601a.htm,Press Release,

## Source

- https://www.federalreserve.gov/supervisionreg/files/enforcementactions.csv

Last verified: 2026-08-11. Review by: 2026-09-01.
Part of [Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated](https://referencesource.org/bank-enforcement-actions/).