Jon Croasmun has been working in the corporate trust industry for nearly 20 years and has managed the Corporate Trust Department at Bank of Utah since 2016. He holds a Juris Doctorate from the University of Utah and a Bachelor of Science degree in business management from the Marriott School of Management at Brigham Young University. He has served as a director at the law firm of Crowe & Dunlevy, representing banks, airlines and leasing companies in aviation legal work. Prior to that time, he managed the legal team in Wells Fargo’s Corporate Trust group in Salt Lake City with responsibilities for compliance, business development and legal review of transaction document.
Over his career, he has met with members of congress, the House and Senate Transportation Committees, FAA, State Department, OIG, GAO and other government agencies to discuss aircraft trust trends, current practices, best practices and updates. He is a member of US Contact Group established by the Aviation Working Group. He has actively participated in the review of the trust documents with the new GATS system. From 2011-2013 he was also a member of the aviation industry group established to work through the Non-Citizen Trust issues that eventually concluded with the FAA’s 2013 Revised Policy Clarification related to Non-Citizen Trusts.