Truxton Trust
OTCPK:TRUX [1]
TypePublic
IndustryFinancial services
Founded2004
Headquarters
Nashville, Tennessee
Key people
Thomas Stumb [2](CEO and Chairman)
Andrew May (President and CFO)
Serviceswealth management
investment management
asset management
Number of employees
58
WebsiteTruxtonTrust.com

Truxton Trust, a full-service private bank and wealth management company founded in 2004 provides wealth management, private banking, business banking, and treasury management services. Truxton Trust wealth management services manages accounts for high net worth individuals and organizations including investment accounts, retirement accounts, trust, foundations, and estates. Truxton Trust banking services include commercial and residential, long-term and short-term mortgages, and other secured and unsecured personal and business lending, in addition to providing online banking services for both business as well as personal checking and savings accounts, Truxton Trust also provides remote deposit, ACH services, Xpress deposit, online bill payments, and other treasury management services for businesses and individuals.

Truxton Trust is based in the Belle Meade area of Nashville, Tennessee, with a wealth management office in Athens, Georgia.

Truxton Trust Company operates as a subsidiary of Truxton Corporation.[3]

History

In 2003, Truxton Trust was organized as a private bank and trust company, to serve the financial needs of high net worth individuals, their families and business interests. Truxton Trust, then Nashville Bank and Trust, opened for business in August 2004, after raising initial capital of $20 million. In 2013, the name was changed name to Truxton Trust.[4]

Truxton Trust was named by American Banker as a 40th Top Bank in the US in 2017, making the list for a 5th consecutive year.[5]

References

  1. ↑ "Truxton Corp". OTC Markets. Retrieved 2017-11-27.
  2. ↑ Harrison, Scott (2015-11-23). "Truxton Trust announces leadership changes as longtime banking player plans to retire". Nashville Business Journal.
  3. ↑ "Company Overview of Truxton Trust Company". Bloomberg. Retrieved 2017-11-27.
  4. ↑ "A Focused Business Strategy". www.truxtontrust.com. Retrieved 2017-11-27.
  5. ↑ McGeer, Bonnie (2017-04-26). "All about scale: The top 200 publicly traded community banks". American Banker.
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