Prior to joining Silvergate Bank in July 2006 as Vice President, Compliance/BSA Officer, Kate Fraher was responsible for operational compliance at a $1 billion local community bank.  She has spent the majority of her banking career in the compliance field after early positions in the financial planning and financial services fields.  Ms. Fraher’s employment history includes several compliance positions with San Diego-based financial institutions ranging in asset size from $500 million to $3 billion.  Ms. Fraher’s primary focus and expertise are in Bank Secrecy Act and Anti-Money Laundering compliance.  She is experienced in regulatory exam management, successful BSA program development and management, and in developing and implementing compliance and operational policy and procedures for community banks.  Other areas of interest include business continuity planning, internal control structure and integrity, and fraud loss mitigation. 

Ms. Fraher was raised in Coronado, California, and completed her undergraduate studies in Business Administration (B.S.) at Miami University (Oxford, OH) and Mount St. Mary’s College (Los Angeles, CA).  She attended the ABA Graduate School of Compliance Management at Emory University in April 2006. .