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#331367 - 03/09/05 09:55 PM Trust Powers
LSmith Offline
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LSmith
Joined: Dec 2002
Posts: 703
If a bank has full trust powers with under 12 accounts, is it required to have a trust officer named by board?

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#331368 - 03/09/05 11:53 PM Re: Trust Powers
KSK Offline
Gold Star
KSK
Joined: Jul 2001
Posts: 357
Kansas
I'm not sure about what OTS, FDIC, Fed, or your state requirements might be, but the OCC does not require that there be any board named Trust Officer.

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