Citizens State Bank, your Hometown Indiana Bank.

Trust Administration

Trust Services from Citizens State Bank have come to embody our Indiana hometown banking philosophy.  Relationships are valued and your goals become our top priority. 

Our Trust Officers listen first so we have an in-depth knowledge of your situation and goals before recommending options to you.  Citizens State Bank offers:

  • Living and irrevocable trusts
  • Estates
  • Agency accounts
  • Guardianships
  • Retirement planning and investments
  • Self-directed IRAs
  • Plus the valuable experience that helps you make the right choices

A Trust Account helps ensure the successful transfer of your estate.  A Revocable Living Trust resembles a will and includes directions for managing your property while you are living and for distributing your assets after death.  A Testamentary Trust can provide sound financial management for your heirs.  It is established by your will and becomes effective after your death.  A Credit Shelter Trust is designed to minimize taxes by applying any estate tax exemptions to either spouse.  The sheltered amount is the maximum allowed by law.

An Agency Account helps you manage investments by assigning specific duties to the professionals at Citizens State Bank in a written agreement.  If support is needed for investments, bill paying, or other management duties, that form of agreement is called a Custodial Agency Account.

A Guardianship Account is necessary when the account holder is in need of some financial assistance or disabled where a court appointed fiduciary is needed.  Citizens State Bank fulfills those duties, helping ensure the best results for the customer.

In certain types of transactions, Citizens State Bank holds an account in the borrower’s name to pay obligations as determined between a seller and buyer, or a borrower and an institution.  These are called Escrow Exchanges or 1031 Exchanges in which Citizens State Bank is named as the escrow agent.

Request your free consultation through our contact us form here and select Investment Products or call 888-529-5450 and ask for the Citizens State Bank Trust Department!