Francesca Castagnola

Francesca Castagnola

Senior Managing Director

Francesca C. Castagnola is senior managing director of Western Alliance Bank's Settlement Services Group.

Ms. Castagnola, a 30-year banking veteran, was a founding officer of the Bank's San Diego division. With the Settlement Services Group, she serves class action litigators and claims administrators, focusing on the entire life cycle of large legal settlements, from escrow through distribution and residual balances for class action, mass-tort and bankruptcy cases.

Ms. Castagnola has significant expertise in simple to complex escrow and fiduciary banking services. Her portfolio includes law firms, claims administrators and related legal services companies. Since 2003 she has managed the banking aspects of hundreds of Qualified Settlement Funds.

Ms. Castagnola is an industry authority on the latest key industry developments and insights. She is a frequent speaker, event moderator and author, and has been featured in top media outlets such as

In 2020 she spearheaded Western Alliance Bank's first-of-its-kind Rule 23 Amendments Research Report and moderated an exclusive panel of practitioners including plaintiffs attorneys, defense attorneys and sitting judges at the annual Class Action Law ForumTM, presented by Western Alliance Bank.

Her published articles and collaborations with industry leaders include:

Ms. Castagnola attended the University of San Diego.

About Us

Settlement Services

Western Alliance Settlement Services, a national banking group within Western Alliance Bank, Member FDIC, specializes in banking for law firms, claims administrators and related businesses managing class action, mass tort and bankruptcy settlements. This team of expert bankers brings clients years of experience and offers exceptional service to support all phases of the settlement process, from escrow to distribution, with a single point of contact. Western Alliance Bank is the primary subsidiary of Phoenix-based Western Alliance Bancorporation, with more than $60 billion in assets. The bank is #2 best-performing of the 50 largest public U.S. banks in the S&P Global Market Intelligence listing for 2021 and ranks high year after year on the Forbes list of “America’s Best Banks.” Serving clients across the country wherever business happens, Western Alliance Bank operates individually branded, full-service banking and financial services divisions and has offices in key markets nationwide.