Corporate Trust Services
In some unique business relationships, transactions may call for a trustee, escrow agent or a custodian to satisfy an element of independence. Our Trust Department consists of a professional staff with more than 45 years of experience with estate planning, trusts and taxation matters, and over 100 years of banking and financial experience. The staff has the competence and knowledge necessary to ensure that your estate planning, trust, and other financial needs are met.
Some examples of our corporate trust services have included:
- Escrow Agent on stock certificates pending final payment
- Bond Trustee on Industrial Revenue Bonds (IRB’s)
- An Agency Agreement to hold prepaid customer funds
- Estate Administrator for a decreased shareholder on a closely held business
We understand that small to middle market businesses have unique and changing needs. Our Trust department would be happy to discuss your specific corporate trust needs with you.