Allen Trust Company is Now 100% Employee Owned

Allen Trust Company, a trust-only state-chartered bank, announces a significant and exciting change from an individually owned firm to an employee-owned structure. This transition is aiming to support future stability and prosperity of the employees and the company. The new structure is for all eligible employees. Every employee opted to participate in the first round!

“Ownership provides not just financial benefits but also enhances employees' influence on decision-making processes,” said Stuart Allen, CEO. According to President, Tara Hendison, “We are implementing our succession plan and are excited about involving our employees even more.”

About Allen Trust Company

Allen Trust Company, founded in 2000, with offices in Oregon, Washington and Alaska has been a prominent player in the trust and money management industry. Their team of professionals are dedicated to providing the ultimate simplicity in asset management through a wide span of in-house services – including trust administration, investment management, financial planning, and tax preparation. With this transition, Allen Trust Company reiterates their commitment to the growth and development of its employees.