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BankersOnline.com Forums State-Specific Compliance Issues Iowa Annual Trust Confirmations
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#1024255 - 08/20/08 06:28 PM Annual Trust Confirmations
hawksfan Offline
100 Club
Joined: Mar 2004
Posts: 114
Iowa/Illinois
For those of you with trust departments, do you perform a 100% verification of trust assets annually? If not 100%, what percentage do you confirm? Thanks!

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#1032656 - 09/02/08 04:35 PM Re: Annual Trust Confirmations hawksfan
Cornfed Turtle Offline
Diamond Poster
Joined: Mar 2006
Posts: 1,323
"...Somewhere in Middle Americ...
We do them all.

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#1035539 - 09/05/08 04:25 PM Re: Annual Trust Confirmations Cornfed Turtle
hawksfan Offline
100 Club
Joined: Mar 2004
Posts: 114
Iowa/Illinois
We are pulling back a little this year. We have a pretty large trust department. We talked with the IDOB and they gave their blessing. Thank goodness!!!

Thank you for your response.

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