First National’s Investment Management & Trust Services Now Wealth Management
First National Bank Alaska’s newly named Wealth Management department offers customers a full spectrum of investment, asset and trust management services for business and personal finances. Formerly the Investment Management & Trust Services department, the new name better reflects the bank’s global approach to helping Alaskans manage investable assets to meet their unique needs.
“We hope our new Wealth Management identity will immediately communicate to customers the focus of our services,” said Executive Vice President and Chief Financial Officer Michele Schuh. “Our experienced team can customize our customers’ investment strategies, protect their legacies, and add to their portfolios, with the same trusted local knowledge, expertise and high-quality service Alaskans expect from the state’s largest locally owned community bank.”
In conjunction with their new name and look, Wealth Management plans to offer a variety of service enhancements in the coming year.
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The Alaska Marine Lifeline
The current conversation Alaskans are having was spurred by Governor Mike Dunleavy’s initial budget proposal for 2020, which would cut funding to the AMHS by 75 percent and essentially end most operations by October.