July 24, 2017 9:02 PM ET

Banks

Company Overview of Square 1 Bank

Company Overview

Square 1 Bank provides commercial banking services and financial services to entrepreneurs and venture capitalists. The company offers venture capital, treasury management, and trade finance products and services, as well as credit solutions. It also provides investment products, such as treasuries, agencies, commercial paper, and corporate bonds; and cash management solutions for corporations and their institutional investors. The company was founded in 2005 and is based in Durham, North Carolina with additional offices in Austin, Boston, Boulder, Durham, Los Angeles, McLean, New York metro, Palo Alto, San Diego, and Seattle. Square 1 Bank operates as a subsidiary of Pacific Western Bank.

406 Blackwell Street

Suite 240

Durham, NC 27701

United States

Founded in 2005

Phone:

919-314-3040

Fax:

919-314-3110

Key Executives for Square 1 Bank

Managing Director and Head of the Equity Funds Group
Executive Vice President of Equity Funds Group & Global Treasury Management
Managing Director
Senior Vice President
Senior Vice President
Compensation as of Fiscal Year 2017.

Square 1 Bank Key Developments

Square 1 Bank Presents at 2017 Colorado Venture Summit, Jun-14-2017

Square 1 Bank Presents at 2017 Colorado Venture Summit, Jun-14-2017 . Venue: Denver, Colorado, United States. Speakers: KEN FUGATE, Managing Director.

Square 1 Bank Adds Key Hires to East Technology Banking Team

Square 1 Bank announced two key hires on its East Coast banking team. Based in DC, Kevin Johnson joins as managing director of the Mid-Atlantic region. Dhruv Patel joins as vice president on the Southeast banking team. Johnson joins Square 1 to lead the technology and life sciences banking practices in the Mid-Atlantic region, servicing entrepreneurs and investors in Virginia, DC, Maryland, Delaware and Pennsylvania. He is a 13-year veteran of the venture banking space, most recently serving as senior vice president and regional managing director at Comerica Bank. Patel comes to Square 1 from the Council for Entrepreneurial Development (CED), where he spent over ten years in various roles, most recently as director of investor relations where he lead the organization’s investor relations vertical, and strategy development and engagement plan involving over 250 institutional investors. Prior roles at CED include program development and management for life sciences and technology.

Square 1 Bank Announces Credit Facility to ScaleArc

Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $7.5 million credit facility to new client ScaleArc. Proceeds from the facility will help support the company’s continued growth and global expansion.

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