Trust &
Investment Services for Businesses
Trust
Department Business Services
Custody. Our custody
customers enjoy the convenience and cost savings
of our buying and selling securities for them.
Many businesses use our custodial
services to invest
their cash flow in a broad selection of mutual
fund money market funds selected and monitored by
our investment managers for their investment
objectives and higher yield. Our custody account
customers have the added convenience of moving
funds to and from their custody account
to their Bank checking, savings, or sweep account
and with a simple telephone call or e-mail
request to set the changes that they want in
motion.
Our custody accounts range in
size from $50,000 to $130,000,000. Not
only are we able to easily purchase the most sophisticated
investment products, be we also have a
bit of experience as well. For example, we
started our active program of furnishing money
market funds in 1974 and we added a vast array of
no-load stock and bond mutual funds in 1981 well
before these types of investments became popular.
Investment
Management
Business Liquidity. In addition to
the best selection of mutual fund money market
funds, we also provide expert
management of assets that can be invested for the
longer term. Our fixed income managers
are skilled in buying the appropriate security at
the best yield and in matching maturities with
risks.
Trustee of Retirement Plans. Our years of
experience in managing stocks and bonds for
retirement plans such as Pension, Profit Sharing,
and IRA accounts allow us to design the best
program for each individual company. Noteworthy,
as well, is our management of 401-K plans, which
customarily involves a selection of mutual funds.
In our selection process we use Morningstar &
Steele software as well as software from Ibbotson
Associates that allows us to analyze
given funds' performance relative to Ibbotson's
database of indices.
Value
Added in the 401-K Area. We offer several
choices in plan design, thereby meeting
the needs of companies that currently have or
plan on having 401-K plans. We provide good
investment choices -- and in a wide enough array
for your employees to choose according to their
own needs. Typically, we manage three separate
accounts for each company, allowing the
participants to move between accounts, usually as
they approach retirement age and their risk
criteria change. We also have a program that
allows toll-free phone access for and allows
participants to move between funds on a daily
basis.
Equally importantly, we
help educate your employees so that they
are empowered to make their own investment
choices. This means that you will not have to
assume this responsibility -- and perhaps
liability.
Finally, we are local. We are
committed to our community, responsive to its
needs, and close at hand.
Interested?
Have questions? You can drop by one of our offices, call us at 1-800-334-6862, or contact
us by e-mail.
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