Boston Trust Walden Company has taken an important step toward expanding its national footprint. The firm announced that it has received conditional approval from the Office of the Comptroller of the Currency (OCC) to transition from a Massachusetts-chartered bank to a national trust bank. Beginning January 1, 2026, it will operate as Boston Trust Walden National Association (BTWNA).
Financial Technology Insights: MOIN Expands Nium Partnership to Boost Global Payments
The move reflects the Board’s long-term vision to better serve clients across the country. With a national charter, the bank will be able to deliver trust and fiduciary services seamlessly in all 50 states removing the geographic limitations that come with a state charter. This shift also places the bank under the OCC’s regulatory framework, which includes stringent standards for capital, liquidity, operations, and risk management.
Financial Technology Insights: Antom Unveils Smarter AI Copilot to Simplify Merchant Payments
According to Co-CEO Stephen Amyouny, the transition represents a meaningful milestone in the firm’s evolution. “Establishing a national trust bank marks a significant milestone in advancing our mission to be a trusted partner to clients,” he said. “A national charter allows us to provide a comprehensive suite of services to our clients nationwide.”
Financial Technology Insights: Usio Acquires PostCredit Co to Expand Payment Services
The company emphasized that the change will not affect the investment management, trust, or fiduciary services clients currently receive. Boston Trust Walden which encompasses the new national trust bank and its registered investment adviser subsidiary continues to manage approximately $16 billion in assets, maintaining the same disciplined approach and client-first philosophy that has defined its reputation.
To share your insights with the FinTech Newsroom, please write to us at info@intentamplify.com