Tailored Wealth Management Services for Every Stage of Life

Managing wealth requires trust, foresight, and a partner who understands your financial goals. At Citizens Bank & Trust, our Wealth Management and Trust Department provides expert services to preserve your assets, plan for the future, and support your family’s legacy.

Our team offers the personal attention of a community bank with the depth of resources you need to handle complex financial matters. From estate settlement to retirement planning, we’ll work alongside you with care, transparency, and professional expertise every step of the way.

Services include the safekeeping and investment of trust assets, collection and distribution of trust income, management of real estate and minerals, accurate and timely reporting of trust transactions and assets, fiduciary tax compliance, and private financial counseling with trust beneficiaries.
All services are personally performed by Trust Department personnel (see Trust Personnel) in a competent, efficient, economical, and confidential manner. All services are subject to examination by external auditors and bank examiners on a regular, recurring basis.

Although Citizens Bank & Trust cannot prepare legal documents such as trusts and wills, we can explain in detail how trusts are managed and administered by professional fiduciaries. We can also provide you with helpful information and checklists regarding the process of planning your estate.

Custody accounts are easily opened with one of our simple letter agreements, and, once opened, the account can hold securities, cash, or a combination of both. Purchases and sales are made at the customer’s direction, and the accounts are designed for individuals or organizations that wish to make their own investment decisions.

Securities trades can be directed to specified brokers or executed through brokers selected by the Bank. Discount brokers are available when preferred. All trades are permanently recorded in our customer-friendly statements, and all securities are listed with cost and market value figures side-by-side for easy comparison.

Dividends, interest, and other receipts (such as oil and gas royalties) are collected and deposited to the account on a daily basis and all transactions appear in detail in our statements. At the end of the year, income tax statements summarizing all taxable transactions are automatically forwarded to the customer’s preferred mailing address.

Accumulated income can be reinvested, remitted to the customer, or credited to an account of the customer’s choice. All securities and cash in the account are held by the Bank for safekeeping and are subject to examination and audit on a regular basis.