Definition Definition

Trust Department Specialists

Specialists in a bank’s trust department provide a wide variety of customer services. They aid companies in managing their employee retirement programs, issuing securities, maintaining business records, and investing funds. Consumers also receive help in man aging their property and in building an estate for retirement. Men and women employed in bank trust departments usually posses a wide range of backgrounds in commercial and property law, real estate appraisal, securities investment strategies, financial statement analysis, and marketing.

Share it: CITE

Related Definitions

  • Land Trust
    Land Trust is a legally valid trust contract between a...
  • Dynasty Trust
    A Dynasty Trust, sometimes known as an everlasting trust, is...
  • Generation-skipping Trust
    A Generation-skipping Trust is a legally valid trust document where...
  • Irrevocable Trust
    Irrevocable Trust basically means an unchangeable or irreversible or unmodified...
  • Living Trust
    Living Trust is a legal instrument or policy made during...