As a commercial bank, we have trust powers to complement our core offering of banking products and services. Trust services extend beyond traditional banking needs and into concerns about managing investments and estate planning.

Since the disposition of an estate and the transfer of wealth to future generations is the most personal of all financial decisions, trust services frequently represent the cornerstone of an estate plan reflecting a client’s values as well as wealth. We work closely with our clients in designing and administering trusts to reflect their philosophy and long-term wishes for beneficiaries and offer the technical capabilities to address the many financial, legal and tax issues required.

Clients can also benefit from professional investment management and financial consulting services that are central to our trust services offering. Given the complexity of trust capabilities, below are select circumstances where area residents and business owners might find need of our trust services.

Small Business Owners

• Contemplating future retirement and/or estate planning
  
• Needing investment guidance after selling a portion of the business
  
• Considering an investment brokerage account

Baby-boomers

• Setting up a trust to avoid estate taxes
  
• Establishing investment goals and tax planning after receiving an inheritance
  
• Mitigating capital gains tax in the sale/purchase exchange of property
  
• Creating a charitable trust or foundation to pledge loyalty after years of charity work

Charitable Organizations and Foundations

• Looking to simplify record keeping, investing and reporting