May 29, 2016 11:38 AM ET


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. As of October 7, 2015, Sutter Community Bank operates as a subsid...

406 Blackwell Street

Suite 240

Durham, NC 27701

United States

Founded in 2005





Key Executives for Square 1 Bank

Age: 48
Founder and President of Square 1 East
Founding Member and Assistant Chief Credit Officer
Founder and Managing Director of Mid-Atlantic South Region
Founding Member and Senior Vice President
Compensation as of Fiscal Year 2015.

Square 1 Bank Key Developments

Square 1 Bank Announces Senior Leadership Promotions

Square 1 Bank announced the following leadership promotions: Art Wasson was promoted from senior vice president, global treasury management, to executive vice president, Venture Capital Services + Global Treasury Management Sales. Based in Durham, Wasson oversees treasury and treasury management services, deposit products and asset management, and the national venture capital services practice. Jason Kranack, former executive vice president, head of human resources, now serves as executive vice president, banking and operations. In this role, he oversees the delivery of Square 1’s products and services and overall division operations. Ken Fugate, an original founder of Square 1, was promoted to managing director, Banking Central. In this role, he manages Square 1’s technology banking and life sciences practices in Texas, the Midwest and Rocky Mountain region from the Denver office. Mara Huntington has assumed the role of managing director, Banking East. Here, she leads the technology and life sciences banking practices in markets along the East Coast, including Boston, New York, Washington, D.C., Durham and Atlanta. Mara previously served as managing director, life sciences. Ryan Dammeyer now serves as head of Structured Finance where Square 1 has their large and most complex portfolio company relationships. Prior to this role, Ryan founded Square 1’s Midwest technology and life sciences practices. David McLaughlin has been promoted to managing director of the Texas region. He brings to this role more than 15 years of experience providing high-growth companies in Austin and the surrounding region with venture banking solutions.

Square 1 Bank Appoints Frank Tower as Division President

Square 1 Bank announced that Frank Tower has been appointed as division president. In his new role, Tower leads the national venture banking practice and will focus on deepening existing relationships and growing the Square 1 client base across the country. A career venture financier, Tower brings nearly 25 years of experience in lending to growth-stage technology and life sciences companies to his new position. He joined Square 1 in January 2014 as executive vice president, and managed the technology and life sciences practices along the East Coast and throughout the Midwest, including offices in Boston, New York, DC, Durham, Chicago and Denver.

Square 1 Bank Presents at 2015 SEBIO Investor & Partnering Forum, Nov-13-2015 11:00 AM

Square 1 Bank Presents at 2015 SEBIO Investor & Partnering Forum, Nov-13-2015 11:00 AM. Venue: Belmond Charleston Place, 205 Meeting Street, Charleston, SC 29401, United States. Speakers: Evan Travis.

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