Square 1 Bank announced that it strengthened its Mid-Atlantic team with the addition of new hire Elizabeth Orsinger as vice president, technology banking, and promotion of Kay Parry to market leader. Based in Chevy Chase, the team supports the commercial banking needs of entrepreneurs and venture capital firms in the greater DC market.

Orsinger joins Square 1 Bank with proven industry and regional expertise, and many years of experience servicing clients in the technology space. Most recently, Orsinger was vice president, technology banking at Bridge Bank, where she oversaw a diverse portfolio of technology and energy clients within the DC Metro area. Previous experience also includes business development and relationship management roles at Comerica Bank and Presidential Financial Corporation.

Parry joined Square 1 Bank in March 2010. Through her previous work in the bank’s technology banking and venture capital services groups, Parry gained an in-depth understanding of the various banking needs of venture firms and portfolio companies. In her new role, Parry will lead business development efforts, expanding the reach of Square 1’s technology banking and venture capital services practices throughout the Mid-Atlantic region.

Prior to joining Square 1, Parry held leadership positions at two D.C.-area startups and was principal at Paperboy Ventures, where she focused on early-stage technology investments.

Peter Meath, founder and managing director of Square 1 Bank’s Mid-Atlantic South region, added, “Kay and Elizabeth both exhibit key qualities representative of the Square 1 brand – creative and entrepreneurial, with a shared passion for startups and helping clients succeed. Together, they will be a driving force as we continue to provide clients with the products, service and expertise they need as their companies grow. I am excited to welcome Elizabeth to the Square 1 Bank team, and I look forward to seeing the region grow under Kay’s leadership.”