Square 1 Bank Sadly Announces the Unexpected Passing of its Founder, CEO, & Chairman, Richard Casey
The Square 1 family, including the executive team, 169 employees and Board of
Directors, extend their condolences to Richard’s wife Susan, his daughter Leigh,
his father John and to his wider family.
Richard was a beloved
colleague, husband, father, friend and mentor to many. He will be greatly missed
by all who knew him.
Richard had immense passion for innovation and the
entrepreneurial community. He believed this was the foundation upon which
America was built and will continue to prosper. Square 1 Bank was founded in
2005 by Richard and his wife Susan to help entrepreneurs succeed by creating a
bank exclusively devoted to the unique needs of startups. Richard’s vision was
to build a bank that was quick, flexible, accessible and high-touch, run by
highly-experienced talent who understood the needs of entrepreneurs. Square 1
now has 10 offices throughout the United States and $1.2 billion in
assets.
Under the leadership of the bank’s executive team and the Board
of Directors, Square 1 Bank’s growth and momentum will continue in the very
capable hands of seasoned executives who care as deeply as Richard about
supporting entrepreneurs and furthering innovation.
Bob Keith, Square 1
Bank’s Lead Director, said “Richard was an inspiration to his family, employees
and the larger entrepreneur community. We will work tirelessly to honor his
legacy with the experienced management team that he built, and continue to build
an institution that supports entrepreneurs whose efforts drive innovation and
economic growth.”
Services will be held Saturday, November 13, 1:00 PM,
St. Anthony of Padua Catholic Church in Southern Pines, North Carolina. In lieu
of flowers, donations may be made to the Richard J. Casey Foundation whose
mission is to promote the entrepreneurial spirit in America; c/o Square 1 Bank,
406 Blackwell Street, Suite 240, Durham, NC 27701.
About Square 1
Bank
Square 1 Bank is a full service commercial bank dedicated exclusively to serving the financial needs of the venture capital community and entrepreneurs in all stages of growth and expansion. Square 1's expertise, focus and strong capital base provide solid support for its clients' needs. The bank offers tailored products and solutions aided by the latest in technological innovations. To serve its relationships, Square 1 has offices coast to coast in Austin, Boston, Boulder, Durham, McLean, New York, San Diego, Santa Monica, Seattle, and Silicon Valley. For more information, visit www.square1bank.com.
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