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Published July 2001

EverTrust expands services with investment firm

Herald Business Journal Staff

EverTrust Financial Group Inc. has completed its transformation by launching a Seattle investment subsidiary called EverTrust Asset Management.

The Everett-based company, which just a few years ago was focused on running its mutual savings bank, is now a full-fledged financial services firm with a commercial bank, a banking services company, a venture-capital firm and now an investment company.

The asset management firm, launched June 12, will be located in Seattle’s renovated Union Station at 505 Fifth Ave., Suite 170.

Robert Kuehn, an investment officer with more than 30 years of experience, is the new company’s Managing Director. Other principals include James Gilchrist, Darcy Johnson, Larry Kinner, Jeff Parker and Kevin McCandlish.

EverTrust, which trades publicly under the symbol EVRT, also owns EverTrust Bank; I-Pro, a Kent banking services company; and MB Cap, a Bothell start-up venture-capital company.

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