Corporate Trust Solutions for Public Finance

Municipal Trustee & Paying Agent Services

Municipal bond transactions carry significant obligations to bondholders, issuers and the communities they serve. Western Alliance Trust Company brings deep expertise in bond administration, together with a state-of-the-art proprietary digital platform and personalized attention from highly experienced professionals. We give municipalities and local governments the confidence that every transaction is handled with precision, care and full attention to compliance.

Trust Services We Provide¹

Bond Trustee

  • Act for the benefit of bondholders by enforcing trust indenture terms and covenants
  • Transmit payments of principal and interest to bondholders
  • Hold and invest bond proceeds and reserve funds securing bonds
  • Disburse construction or project funds
  • Represent bondholder interests in the event of a default
  • Maintain bond registry and transfer to accurately reflect current ownership

Paying and Transfer Agent/Registrar

  • Maintain registered owner records on behalf of the issuer
  • Collect periodic debt service payments
  • Handle bond transfers to new owners

Other Trust Services

  • Project finance administration
  • Infrastructure financings
  • Affordable housing
  • C-PACE trustee and paying agency
  • Escrow agent2 and custody
  • Fiscal agent

Focused on Client Strategies

Western Alliance Trust Company, N.A., is a premier provider delivering corporate trust services and administration solutions to a wide variety of municipal bond issuers. Offering very competitive investment options for deposits, Western Alliance administers a full range of taxable and tax-exempt transactions, including revenue bonds, certificates of participation, variable rate demand bonds, lease revenue bonds and project finance.

Antonio Portuondo

Municipal Corporate Trust Leader

Saúl Ramirez

Municipal Client Relationship Manager

1.    Trust, custody, and administration services are provided by Western Alliance Trust Company, N.A., a wholly owned subsidiary of Western Alliance Bancorporation. Products and services offered by Western Alliance Trust Company are not FDIC insured, not guaranteed by Western Alliance Bank and may lose value.
2.    Escrow agent services are provided by Western Alliance Bank, Member FDIC, an affiliate of Western Alliance Trust Company, N.A. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Western Alliance Bank is an Equal Housing Lender.