Trust Services


Trusts are often the foundation of estate planning — a way to provide for the efficient, orderly transfer of wealth to family or other beneficiaries.


Different types of trusts provide different benefits: they can help you provide financial management for your spouse, children or siblings; make contributions to charitable organizations; reduce estate taxes; avoid the costs and delays of probate; and provide for the administration of your finances, should you become unable to do so yourself.


First Command Bank Trust Officers will work with your First Command Financial Advisor, your attorney and your CPA or other tax advisor to develop an estate plan and determine the specifics of the trusts needed to carry out that plan. Your Trust Officers will provide all the fiduciary services required to administer your trust and help you preserve, protect and enhance your legacy, including:


  • Fiduciary Management of Assets. Our approach is to use a mix of investments to maximize value for beneficiaries of the trust while ensuring that assets are safe and accounted for properly.
  • Distribution Oversight. We will distribute funds according to the grantor's wishes.
  • Accounting and Income Tax Reporting. We'll provide periodic reports showing all investments and transactions, including information for use in the preparation of personal income tax returns.

All of these functions are overseen by internal bank auditors as well as the Office of Thrift Supervision, which provides an annual audit of all of the activities of the Trust Department.

Learn more or log in now