TrustBank Arizona Names Sandra Hudson President
(December 3, 2012)
PHOENIX, Arizona (December 3, 2012) – TrustBank is pleased to announce its recent hire of Sandra Hudson as President for TrustBank Arizona. The hiring of Sandra Hudson to lead TrustBank’s future growth in the Phoenix market coincides with TrustBank’s 100 year anniversary. Sandra was previously the East Valley President for Northern Trust Bank for seven years. Prior to that she was a Managing Executive for Private Client Services with US Bank for fourteen years. Sandra brings with her over 30 years of banking and wealth management experience to lead the Arizona market for TrustBank.
Sandra is an Executive Board Member of East Valley Partnership, Chair of East Valley Fresh Start Executive Council and a board member of the Mesa Arts Center and Dignity Health Foundation.
Hudson stated, “TrustBank has a 100 year history of customized wealth solutions, dedication to superior personalized service and community involvement and I look forward to bringing that same level of service and commitment to the Arizona market. My experience in developing community outreach programs such as women’s financial seminars, thought leadership events and business leaders groups fits well into TrustBank’s philosophy.”
TrustBank is based in Olney, IL and have had a presence in Phoenix since 2006.
TrustBank Arizona is a boutique wealth advisory institution and is part of TrustBank from Olney, IL. TrustBank was formed on September 13, 1912 and was originally called Olney Trust & Banking Company. In 1999, Olney Trust Bank purchased Cisne State Bank and was often referred to as “The Trust Bank.” With the purchase of Cisne State Bank, it was a logical progression to shorten the bank’s name to TrustBank. TrustBank is built on a commitment to superior service. TrustBank works with local businesses, professionals and those individuals who seek a high level of service and demand a bank that focuses on customer service. TrustBank is a wholly owned subsidiary of Rich Land Bancorp, Inc., a one-bank holding company. As of June 30, 2012, total assets were $170.5 million, with capital of $20.5 million. The capital to asset ratio is 12%.