About ESOP

In an ESOP, the sponsoring company provides their employees with stock ownership through annual contributions on behalf of the employees. Shares are allocated to employees’ accounts annually and are held in an ESOP trust until the employee vests in the plan and retires or leaves the company. Typically, the shares are then sold.

An ESOP is a qualified retirement plan. It’s regulated by the Internal Revenue Service and the Department of Labor and came into being with the passage of the Employee Retirement Income Security Act (ERISA) in the 1970s. The regulation is meant to ensure that the ESOP is used for the benefit of employees and that it’s not just a tool where a business owner can sell at an inflated price.

View our ESOP brochure (PDF)
  • Recent News
    Bridge Bank company logo red black and white
    Bridge Bank Extends $2MM Credit Facility to Miva, Inc.
    Bridge Bank company logo red black and white
    Bridge Bank Extends Venture Term Loan to Deep Lens, Inc.
    Bridge Bank company logo red black and white
    Bridge Bank Expands Capital Finance Group with New Managing Director Timothy Carstens
    Bridge Bank company logo red black and white
    San José State University Economic Summit Presented by Bridge Bank Goes Virtual
    Bridge Bank company logo red black and white
    Bridge Bank Extends Credit Facility to YES Leasing
    Bridge Bank company logo red black and white
    Bridge Bank Announces $240,000 Donation to Support Northern California Communities Impacted by COVID-19
    Bridge Bank company logo red black and white
    Bridge Bank Promotes Bill Wickline to Head of its Life Sciences Group
    Bridge Bank company logo red black and white
    Bridge Bank Extends $10MM Senior Loan to Aura
    Bridge Bank company logo red black and white
    Bridge Bank's Life Sciences Group Expands in San Francisco Bay Area, Hires Derek Scalf
    Bridge Bank company logo red black and white
    Bridge Bank Extends $4MM Credit Facility to H Code Media, Inc.
  • Recent Insights
    Leaving LIBOR
    Leaving LIBOR: 4 things to know about changing interest rate benchmarks
    california-2020
    Regional Intelligence Report Series: California Outlook
    south-bay-2020
    Regional Intelligence Report Series: South Bay Outlook
    CybersecuirtyWebinarInsight Article324x259819
    Protect Your Data: The Cybersecurity Webinar
    Protect Your Organization Against Data Breaches and Cybercrime Scams
    Fight Payment Fraud Within Your Organization
    Safeguard Your Business Against Bank Fraud
    How To Sidestep A Business Email Compromise Scam
    southbay
    Regional Intelligence Report Series: The South Bay & Silicon Valley
    california
    Regional Intelligence Report Series: California Outlook
  • Get Started