March 24, 2005
OK's Heritage Trust Co. names Stephen Payne Jr. chairman
Journal Record Staff Reporter - View Article PDF

OKLAHOMA CITY -Heritage Trust Co. has named Stephen B. Payne Jr. chairman of the board. He succeeds Nancy Payne Ellis, who was named chairman emeritus.

"This change is about being there for the next generation," said Ellis. "Our trust business is successful because of the value we place on relationships over a lifetime and over multiple generations. Because our focus is long-term, when we create a trust for someone today, we'll be working very closely with their
children in 20 or 30 years. Our ability to help our customers distribute their assets to the next generation means that Heritage Trust had to do the same. By appointing Bond to lead our organization, we offer our customers strength and continuity for
years to come."

Heritage Trust is a service-based, independent trust bank that provides personal service, financial stewardship and investment performance. Its clients include executives, retirees, widows, widowers, foundations and other non-profit organizations.

Payne has served as manager of a family investment company since 1994 and co-founded Heritage Trust in 1997. The Vanderbilt University graduate serves on the boards of the Oklahoma Heritage Association, Oklahoma Health Center
Foundation, St. Anthony Foundation and the OSU Foundation Board of Governors. Payne also is president of the Oklahoma City Downtown Club.

Ellis manages a family investment company. She is a trustee of the Presbyterian Health Foundation, trustee of the Oklahoma City Museum of Art, lifetime trustee of the Payne Education Center, past chairman of the Oklahoma State University Foundation Board of Governors, past member of the National Fellowship of
Christian Athletes, member of the Junior League of Oklahoma City and the Pi Beta Phi Social Sorority, co-chairman of the Oklahoma State University Next Level Campaign, member of the Oklahoma State Medical Foundation Board and the Board of Trustees Foundation for Dean A. McGee Eye Institution.

She has served on the board of directors of the Oklahoma City Community Foundation and the advisory board of Mercy Hospital. She also has served as a deacon, elder, and trustee of Westminster Presbyterian Church.

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