Seth Crone, CPA, CFA

Seth Crone, CPA, CFA is a VP and Relationship Manager for municipal trust appointments in Texas and the south-central U.S. for U.S. Bank. He has long served as an advisor, public finance banker, and corporate trustee for municipal and not-for-profit issuers. He advocates for his clients and solves their problems. With a passion for economic development, he has spoken extensively on access to capital at a variety of national, regional and local industry groups.
Seth began his career at Peat Marwick in New York City under a special program for liberal arts majors. After passing the CPA examination on the first sitting, he moved through the audit, tax and management consulting departments, where he focused on feasibility studies for healthcare and project finance offerings. Recruited to Texas for real estate workouts, Seth left public accounting for healthcare public finance, first as a VP at Texas Commerce Bank/Chase Securities and later a Principal at Banc of America Securities. Seth earned his CFA charter in connection with his sell-side high yield work.
In 2003, Seth joined JP Morgan in municipal trust sales. He continued in corporate trust sales and relationship management when the group moved to BNY. Governor Rick Perry appointed him to the board of the Texas Teacher Retirement System.
Seth’s involvement with water infrastructure includes long history of finance for municipal utility districts, public improvement districts, and city utilities. He served the Texas Water Development Board not only on its GO issues but also on the inaugural issuances of its State Water Implementation Revenue Fund for Texas (SWIRFT) and the servicing of its loans thereby funded.
Seth graduated from Amherst College with a BA in Religion and Economics and received his MBA in Accounting from New York University.