Chestnut honored with trust scholarship fund

March 21, 2010 | Leave a Comment

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Pinehurst, N.C. - The Trust Education Foundation recently honored Campbell University alumnus and Visiting Professor of Trust Management, McNeil Chestnut, by establishing a fully funded trust scholarship in his name during the 19th Annual Trust Advisors Forum.

Chestnut received both a Bachelor of Business Administration in Trust Management and a law degree from Campbell, where he currently teaches fiduciary law in the Master of Trust and Wealth Management Program. He previously taught the Legal and Regulatory Environment of Business in the Master of Business Administration Program.

The Trust Education Foundation Board established the fund based on Chestnut's dedication to his career and family, to the service of others in the trust industry and to the people of the State of North Carolina.

"When it was announced at the Trust Advisor's Forum, it is one of the few times in my life that I was truly speechless. To be recognized by the Foundation Board and your alma mater with a scholarship in your name is truly something very special," said Chestnut. "It is deeply gratifying to know that for many years to come that there will be scholarship funds available for a trust management student. I hope I get to meet a few of them."

It is estimated that over 2,000 trust majors have benefitted from his efforts as a member of the Campbell faculty, as a member of the Foundation Board and as a loyal alumnus of Campbell.

In 2002, Chestnut was appointed Special Deputy Attorney General in the North Carolina Department of Justice. He has also worked as an Assistant Attorney General, General Counsel for the North Carolina Banking Commission, trust officer, private attorney and counsel to bank trust departments.

As a senior financial attorney, Chestnut has been influential in crafting legislation regarding major banking, mortgage lending and trust legislation, in addition to serving as lead counsel in the investigation and prosecution of mortgage fraud in North Carolina.

Chestnut is also a member of the North Carolina bar and is admitted to practice before the United States Supreme Court.

A native of Roanoke Rapids, Chestnut is the son of L.H. and Fannie Chestnut.

Located in Buies Creek, N.C., Campbell University is the only college or university in the nation with a trust degree program, offering a Bachelor of Business Administration in Trust and Wealth Management with an optional Pre-Law Track, and a Master of Trust and Wealth Management.

Prepared by: Chelsea Wilde, Student Writer

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