Trusts

Your financial institution places significant responsibility upon your shoulders. After all, as the bank’s Trust Officer, you’re tasked with maintaining a delicate balance between customer satisfaction, prudent decision making, efficient recordkeeping, and, of course, regulatory compliance. Since taking over the department, your bank has experienced rapid growth in its number of trust accounts – a […]

As the bank’s trust officer, you’re ultimately responsible for ensuring a friction-free customer experience. Trouble is, managing the many moving parts of trust accounts can seem like an impossible endeavor. No two trusts are exactly alike, each having its own unique and complex relationships, stipulations, and ongoing obligations. Manual ticklers and spreadsheets are common solutions […]

Your bank’s trust department provides a very diverse set of services to the community. In some situations, your institution makes payments and pays bills in accordance with the trust terms. In other situations, your bank may serve as the sole trustee, assuming additional decision making responsibilities. Your bank probably also manages (and in some cases […]