Trust Examiner School eBook

dedicated to trust work. Include a resume and job description for each senior officer. Please complete a Biographical Sketch for each officer. For all other personnel, provide the total number of employees and their combined current annual salaries. Discuss whether staffing is appropriate or whether there will be hiring or downsizing of staff.

[Type Management Response Here]

5. If the Trust Company has a new director(s) since the previous examination, a copy of the Director’s Oath as required by State Statute ###.

[Type Management Response Here]

6. A copy of each employment contract for managers and officers or any other compensation related contract that involves the Trust Company.

[Type Management Response Here]

7. A list of committees responsible for supervision of your fiduciary activities. State purpose of committee, frequency of meetings, and name and business affiliation(s) of each member with birth year of individual.

[Type Management Response Here]

8. Provide a list of current Board members, occupation and if retired previous occupation, year of birth, year appointed to the Board, year term expires, home address and the previous year’s compensation (Director’s fees, committee fees, etc.) paid by the Trust Company. Please complete a Biographical Sketch for each director.

[Type Management Response Here]

9. Access to the minutes of the board of directors and all committees involved in overseeing of the Trust Company. Include related reports and attachments. Otherwise, provide the name of an individual to contact for access. Minutes should be available from the previous examination until the most recent meeting.

[Type Management Response Here]

10. Access to policies and procedures designed to conduct fiduciary activities in accordance with application state law. Identify any revisions or modifications after the end of the last examination.

[Type Management Response Here]

11. A copy of your risk assessment and/or risk management program and any risk management reports prepared since the last examination. Describe your process for identifying, monitoring, and controlling significant risk faced by the Trust Company.

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