Trust & Trust Admin Solutions

We Understand the Role of a Trustee

At South Ottumwa Savings Bank, we understand that being a trustee requires not only a specialized array of investment and tax expertise, but also sensitivity to the needs and aspirations of the individuals for whose benefit a trust has been established.

As your appointed trustee, we dedicate ourselves to protecting your assets and fulfilling your intentions.  This commitment goes far beyond overseeing distributions to beneficiaries.  While maintaining objectivity, we understand the changing needs of every beneficiary.  At South Ottumwa Savings Bank, we have expertise in exercising discretion as well as making tough decisions on your behalf.

As your trustee, we can be named in your trust agreement or your will.  We can also act as successor trustee to you, a family member or other corporate trustee originally named in the document.

As trustee we:

  • Invest the trust assets
  • Objectively and thoughtfully exercise discretion according to your trust
  • Recommend solutions that utilize the full array of trust vehicles including: Revocable Trusts, Charitable Trusts, Trust under wills, Special Needs Trusts, and others
  • Actively address your needs as they evolve

Working with a dedicated team builds a close personal relationship that enables us to anticipate the needs of you and your family today, and for generations to come.

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