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Allen Trust Company Declares Independence with Oregon Charter

 

PORTLAND, Ore. (May 12, 2006) – Allen Trust Company became chartered by the state of Oregon as a trust-only bank in April 2006. This occurs as the company celebrates its fifth anniversary.

 

Allen Trust Company provides trust and investment management services to clients in the Pacific Northwest. Formerly a division of National Independent Trust Company (NITC), Allen Trust Company still uses the services of NITC, but now operates independently.

 

“We are delighted to be able to chart our own course,” said Stuart Allen, President of Allen Trust Company. “It allows us to operate more efficiently and cost-effectively, a clear benefit to our clients. Plus, this is a great way to celebrate our fifth birthday.”

 

Founded by Stuart B. Allen, Allen Trust is a full-service trust company. With its companion company, Allen Capital Management, it provides personalized trust and comprehensive investment management services for individuals, families, and charitable organizations. The two share staff, location, and resources. More at allentrust.com and allencapital.com. 

 

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"Everyone here has a high level of technical skill, market knowledge, and discipline, enhanced by human understanding, good judgement, patience, and integrity." Stuart Allen

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