Trust Department Policies and Procedures
Select a format
Select subscription type
Terms & conditions
Subscribers receive the product(s) listed on the Order Form and any Updates made available during the annual subscription period. Shipping and handling fees are not included in the annual price.
Subscribers are advised of the number of Updates that were made to the particular publication the prior year. The number of Updates may vary due to developments in the law and other publishing issues, but subscribers may use this as a rough estimate of future shipments. Subscribers may call Customer Support at 800-833-9844 for additional information.
Subscribers may cancel this subscription by: calling Customer Support at 800-833-9844; emailing firstname.lastname@example.org; or returning the invoice marked "CANCEL".
If subscribers cancel within 30 days after the product is ordered or received and return the product at their expense, then they will receive a full credit of the price for the annual subscription.
If subscribers cancel between 31 and 60 days after the invoice date and return the product at their expense, then they will receive a 5/6th credit of the price for the annual subscription. No credit will be given for cancellations more than 60 days after the invoice date. To receive any credit, subscriber must return all product(s) shipped during the year at their expense within the applicable cancellation period listed above.
The total price includes the product(s) listed in the Order Form and any Updates for a limited period (minimum period of 30 days) after the order is placed ("Order Window"). Shipping and handling fees are not included in the grand total price.
All shipments may be returned, at subscribers' expense, for full credit of the Price within 30 days of receipt.
Shipments may not be returned, and no credits will be issued, more than 30 days after receipt.
After the Order Window, subscribers will receive notice of Updates along with the then-current grand total price and order process as Updates become available. Subscribers will only be shipped those Updates they specifically request.
Sheshunoff®'s Trust Department Policies and Procedures manual offers the trust manager a comprehensive action plan for implementing and maintaining trust department policies and procedures that will protect the interests of both the bank and the bank's customers. With this manual as a guide, the trust officer can avoid costly mistakes and common compliance violations. More than 200 policies and procedures provide the critical internal controls necessary to achieve an institution's strategic objectives, maintain regulatory compliance, and effectively manage risk in the trust department.
Divided into six comprehensive sections, the 200+ policies and procedures address the major concerns of the trust department manager. These include:
• Strategic planning and organization
• Marketing and business development
• Ethical standards
• Mutual fund retail sales
The manual provides the latest guidelines from every agency with trust oversight, including the OCC's Comptroller's Handbook for Fiduciary Activities, the Banking Circular, the Comptroller's Handbook for Compliance, the Code of Federal Regulation, the Trust Banking Circular, and other key publications.
Written in straight-forward language, the expert authors show how to apply the regulations to the day-to-day activities of the trust department staff. And the convenient and comprehensive set of trust policies and procedures can be easily customized and adapted to the institution's specific needs.
When every employee in the trust area understands department policies and follows department procedures, the safety of customer trust accounts and the future growth of the bank can be ensured.
eBooks, CDs, downloadable content, and software purchases are noncancelable, nonrefundable and nonreturnable. Click here for more information about LexisNexis eBooks. The eBook versions of this title may feature links to Lexis+® for further legal research options. A valid subscription to Lexis+® is required to access this content.
Table of contents
Summary Table of Contents
Part 1 — Strategic Planning and Organization
Part 1A: Starting a New Trust Department: An Overview
Part 1B: Sample Trust Department Policy
Part 2 — Marketing and Business Development
Part 2: Marketing and Business Development Policies
Part 3 — Administration
Part 3: Administration Policies
Part 3A: Personal Fiduciary Services
Part 4 — Investments
Part 5 — Ethical Standards
Part 6 — Mutual Fund Retail Sales
Part 7 — Fiduciary Activities of National Banks
Part 7: Fiduciary Activities of National Banks — 12 CFR Part 9
Part 8: Compliance Management
Part 9 — Legal and Regulatory Issues
Part 10 — Internal Controls
Appendix A: Agency Issuances and Interpretive Letters
Appendix B: Glossary
Appendix C: Fiduciary Activities of National Banks, 12 CFR Part 9
Appendix D: Personal Fiduciary Services, Types of Personal Trusts
Appendix E: Comptroller’s Handbook Booklets