For immediate release from The Washington State Department of Financial Institutions
Wednesday, Sept. 25, 2024
Contact:
Lyn Peters, DFI Director of Communications
PH 360-902-8731, [email protected]
Roberta Hollinshead, Director, Division of Banks
PH 360-902-8704, [email protected]
Washington DFI Welcomes Trust Profiducia, Inc. To State Charter
Profiducia becomes Washington’s 18th state-chartered non-depository trust company
Olympia – The Washington State Department of Financial Institutions (DFI) welcomes Trust Profiducia, Inc. (Profiducia) to the Washington State Trust Company Charter effective Sept. 25, 2024. Profiducia is the state’s 18th state-charted non-depository trust company.
Profiducia provides an experienced team of fiduciaries with services including executor, personal representative, trust administrator, power of attorney and probate assistance.
“DFI is committed to supporting local communities and fostering safe and sound financial services for all Washington residents, while providing strong regulatory oversight,” Division of Banks Director Roberta Hollinshead said. “We welcome Trust Profiducia, Inc. to the Washington Charter.”
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About the Division of Banks ▪ www.dfi.wa.gov/banks ▪ 360-902-8704
The Washington State Department of Financial Institutions Division of Banks regulates 55 Washington State-chartered commercial banks, stock savings banks, mutual savings banks, foreign banks, savings and loan associations and independent trust companies. We charter new banks, business development corporations, trust companies, foreign banks and savings and loan associations. Also, we authorize new branches and branch closures; and approve mergers and acquisitions.
About DFI ▪ www.dfi.wa.gov ▪ 360-902-8700 ▪ 877-RINGDFI (746-4334)The Washington State Department of Financial Institutions regulates a variety of financial service providers such as banks, credit unions, mortgage brokers, consumer loan companies, payday lenders and securities brokers and dealers. The department also works to improve financial education throughout Washington through its outreach programs and online clearinghouse www.dfi.wa.gov/financial-education. In addition to posting information about licensees and administrative actions, DFI uses the Web and social media to provide financial education information: www.facebook.com/wadfi ■ www.instagram.com/wastatedfi/ ■ twitter.com/dficonsumers ■ https://dfi.wa.gov/financial-education/blog ■ https://www.youtube.com/user/WADFI ■ www.homeownership.wa.gov ■ www.linkedin.com/company/state-of-washington-department-of-financial-institutions/
NOTE: Please send updated contact information to [email protected].
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