Trust Examiner School - September 2023

Internal Use Only

TRUST DEPARTMENT

TRUST COMPANY

TRUST DEPARTMENT VS. TRUST COMPANY

Division of a bank

Yes

No

Typically, state and Federal agencies

Usually, state or Federal agency In accordance with either state or Federal statutes

Regulator

Examination schedule

Generally, in accordance with both state and Federal statutes

Examinations subject to agency rotation Accepts deposits and makes loans Capital requirement

Yes

No

No

Only under special circumstances

Usually none

Based on state or Federal agency statutory requirements

Separate regulatory assessment

Usually none

Yes

27

Internal Use Only

Introduction Overview of Day One: Trust Examiner Training

Trust Pre-Examination Planning

Trust Department VS Trust Company

Ratings

28