Trust Services

Whether for an individual or a business, trusts can meet an array of family, financial, tax, charitable, and asset management concerns.

Whatever the arrangement you decide, you can be assured that Ephrata National Bank's Money Management Group will execute your wishes efficiently and impartially.

Following are just some of the trusts that Ephrata National Bank's Money Management Group can establish for you or your business:

Product Who Should Use It?
Trusts
Investment Management and Agency Accounts for Individuals, Corporations, and Charitable Organizations If you have investments that you would like to keep in trust for yourself or someone else. Management of the investments, in accordance with your wishes, would be taken care of by ENB's Money Management Group. This includes keeping your securities safe, maintaining accurate records, providing regular reports for tax and other purposes, and collection and distribution of income from the investments.
Revocable Trusts If you would like to put property or assets into a trust with the flexibility to amend or discontinue the trust at any time. In a living trust, you would maintain control of the assets during your lifetime.
Irrevocable Trusts If you would like to put property or assets into a trust that cannot be amended or discontinued once it is created.
Testamentary Trusts If you would like to create a trust for your assets at the time of your death to control their distribution.
Other Services
Guardianship If you would like impartial management of property for minors or incapacitated persons.
Custodianship If you would like your important records - such as investments, financial recordkeeping, and tax reporting - maintained securely at the bank.
Power of Attorney If you would like the bank to make legal and financial decisions on your behalf, in accordance with your wishes, in the event of your illness or disability.
Succession Planning & Corporate Trust Services If you would like to develop the appropriate legal plan to ensure that your wishes about your business are carried out.
Business Profit-Sharing Plans If you would like to set up criteria to share business profits with employees of your company without having to worry about the hassle of managing the plan yourself.
Business Pension Trusts If you would like to set up criteria to establish and pay a pension to employees of your company without having to worry about the hassle of managing the plan yourself.

Contact ENB's Money Management Group today for more information on trust services.

Investment Disclosure

Investments are not FDIC insured, are not deposits or other obligations of the bank or guaranteed by the bank, involve risks, including possible loss of principal amount invested.

Fees for Ephrata National Bank's Money Management Group services are based on the degree of responsibility assumed by the department, the market value of the assets assigned to the account and the amount of income earned. In most cases, fees may be deductible for income or estate tax purposes.