Mutual Trust Services
As Johnson County’s only local bank with a full-time Trust Department, Mutual Savings Bank can help you manage your money and personal business – even when you’re not able to because of illness or other reasons.
Our Trust Department’s professionals can help you:
- safeguard your assets,
- manage your investments,
- prepare and file tax returns, and
- pay bills, taxes and insurance premiums.
We often serve as a fiduciary to help people manage their personal affairs, whether it be as trustee, attorney-in-fact or personal representative of your estate. Many people ask a relative or trusted friend to handle that role, but it isn’t always the best choice. By turning to a community-oriented bank’s Trust Department, you’ll benefit from our:
- Expertise. Bank trust departments are staffed by professionals who are knowledgeable in all aspects of managing fiduciary accounts. Our professionals can help you understand the differences between a trust and a power of attorney, so you can determine which is best for your needs. Estate administration involves a demanding set of skills of which our professionals are experienced. We administer estates in a timely manner while meeting all requirements established by the probate court.
- Continuity. Unlike individuals, a trust department cannot take vacations, move elsewhere, or simply lose interest in your needs. Trained, friendly professionals are always ready to help you in your time of need.
- Confidentiality. Banks operate under the strictest confidentiality, releasing information about your financial affairs only how and when you tell us to.
- Security. Our operations are scrutinized much more closely than those of individuals, or legal or financial professionals. In addition to internal and external audits, every facet of our operations is reviewed by federal and state bank examiners.
- Accountability. Regular reports keep you informed of everything we do. If you have an attorney, an accountant or a financial advisor, we’ll work with them, too.
- Impartiality. A trust department can help you avoid friction or hurt feelings within your family.
- Nearness. We’re only minutes away, and our assets are held and managed locally.
- Independence. A trust department’s assistance doesn’t mean you lose control over your affairs. You stay in control, and we act on your behalf.
- Peace of mind. Advanced planning gives you peace of mind in knowing that you have made arrangements for the management of your financial affairs, with the flexibility to use that assistance when you feel it is necessary or if you become incapacitated.
To learn more about our Trust Department, contact Pam Spencer, Trust Officer, at 317-736-1710 or firstname.lastname@example.org.