Joseph P. Richardson, Vice Chairman
Telephone: (518) 439-4800
Joseph P. Richardson is a Founder and Co-Managing Partner of Eastern NY Angels Capital I & II, LLC (ENYA), two angel funds that provide long-term capital appreciation and regional jobs growth through seed investments in early stage, emerging technology growth companies located in the Capital Region. He is the former Operating Director of DeltaPoint Capital Management,LLC, a private equity fund established for change of control transactions.
Mr. Richardson retired from Berkshire Bank on September 30, 2009 as the New York Regional Executive.He had joined the bank in late November, 2005 after a brief time as Director of Economic Development for the Albany-Colonie Regional Chamber of Commerce.Prior to retirement, Mr. Richardson served for forty-two years in corporate banking.Mr. Richardson’s banking career began on July 1, 1963 with the State Bank of Albany, which is now the Bank of America, where he became a Senior Corporate Lending Officer and Senior Vice President responsible for the statewide Specialized Lending group.In April, 1993 Mr. Richardson joined ALBANK as its Senior Vice President responsible for Commercial Banking, which Bank was acquired by Charter One Bank in December, 1998 and further acquired by Citizens Bank in September, 2004.He retired from Citizens Bank on February 18, 2005.During his time at both ALBANK and Charter One, Mr. Richardson had additional responsibility for originating, funding and managing a portfolio of low-income housing tax credits and new market tax credit projects for direct investment by a bank holding company subsidiary.Mr. Richardson aggregated approximately $100,000,000 in total investments in the states of New York and Vermont.
A 1963 graduate of St. Lawrence University with a BA degree in Economics, Mr. Richardson is also a June 1978 graduate of the Stonier Graduate School of Banking at Rutgers University where his thesis entitled, The Employee Stock Ownership Plan:It’s Applicability, Validity and Utility as a Method of Bank Lending” was accepted for the Library and published.He holds several Graduate Diplomas from the University of Oklahoma National Commercial Lending School and is a Certified Commercial Lender as designated by the American Bankers Association.
Mr. Richardson has been an active member of many community organizations andis the former Chair of the Albany-Colonie Regional Chamber of Commerce Board of Directors; Chair, WMHT Educational Telecommunications;Vice Chair, The Town of Bethlehem Industrial Development Agency; Member, The New York Business Development Corporation’s Capital District/Champlain Regional Loan and Advisory Committee; the former President of the Upstate New York/Vermont Chapter of The Leukemia & Lymphoma Society; a former President of the Empire Chapter of The Robert Morris Associates; the former Treasurer and Director of The Antique Art Glass Salt Shaker Collection Society; the former Race Director for The Hudson-Mohawk Road Runners annual Delmar Dash and the founding Director and first president of the Capital Affordable Housing Partnership. He is a former member of the Fort Orange Club.
Currently, Mr. Richardson is a Trustee Emeriti at St. Lawrence University; a Director of the Terramere Homeowners Association and was re-appointed to the Town of Bethlehem Industrial Development Agency in July, 2006 and serves as its Vice Chair.
Mr. Richardson has been awarded the Sam Walton Business Award; The Leukemia Society of America Chairman’s 50th Anniversary Citation and was recognized in 2009 by the ALBANY TIMES UNION as “a Dozen who make a Difference in the Capital Region”. He was awarded the G. Atwood Manley Society Achievement Award in May, 2013 by St. Lawrence University.He is a former member of the Tech Valley Angel Network where he has made a number of Angel investments and is a Life member of The Robert Morris Associates. Eastern New York Angels was presented a Technology Innovation Award by the Center of Economic Growth at their Nineteenth Annual luncheon in June, 2015.
Mr. Richardson resides in Slingerlands, New York and is married to Joan Langlois Richardson where they have four children and twelve grandchildren. When not volunteering for any good cause, you can find Joe hiking, canoeing, biking or perhaps even running a marathon!