The Trust Department of the First Nat ional Bank

The Trust Department of the First Nat ional Bank is a department en tirely separate and distinct from the regular Commercial Depart ment It must make its reports to and be examined periodically by ..: ■ wml supervising authorities. The • ■ i : dm t'-ator. executor, trustee, or com mittee. In many instances individuals or groups of individuals may not find, time to handle extensive real estate; rentals, maintain proper insurance.; end pay the numerous taxes and; monthly bills. In such cases th>*. Trust Department may be called on : to render these services and dis tribute the income. This type of an account is called an agency account ; Often, the bank, through its Trust j Department acts as administrator i of a deceased person's estate. It is: the duty of the administrator to see j that the personal estate is di.s | tributed according to law. As executor, the bank’s duty is to j s-*e that the wishes of the deceased i person are carried out in accor j dance with the will There are many reasons why it is desirable to have a bank named as executor j of one’s w'i.11 rather than an indi vidual. An individual may die leav ing complicated problems or a wife named executrix may be subjected to undue hardships. The past ex perience of the bank in such matters is most valuable.