Did you receive a new Englewood Bank & Trust Visa debit card in the mail? Please call 866-642-0450 from your primary phone number to activate your card today.
Regulation CC Funds Availability Change, Effective 7/1/20
Amounts made available for withdrawal on the 1st business day after checks deposited is increasing from $200 to $225 and $5,000 to $5,525 on large deposits.
For more information, please contact us.
The success of your plans will depend largely on how they are executed. Proper estate planning requires you to trust someone to carry on for you.
Do you have someone to carry out your future wishes? Our trust administration experts can help.
Choosing a trustee for your trust is one of the most important decisions you will make. Englewood Bank & Trust provides professional trustee services and is an excellent choice to serve as trustee of your revocable or irrevocable trust or IRA.
The question is whether to choose a corporate or an individual trustee. There are significant responsibilities in being a trustee, and providing quality trustee services requires expertise and knowledge that individuals may not always possess.
When considering naming your trustee, consider some of the required responsibilities:
The job of being a trustee is demanding. It also carries a certain amount of liability if not done correctly and responsibly. If trustees act inappropriately they will be held liable for violations of applicable laws, non-compliance with terms of the trust, or failure to discharge any trustee duties or responsibilities. In fact, a Corporate trustee is held to an even higher standard than an inexperienced individual acting as a trustee.