bank trust department

bank trust department definition - business

bank trust department

The section of a bank that provides wealth management and fiduciary services that include administering trusts, settling estates, and providing agency services such as estate planning.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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