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#1990390 - 01/22/15 05:28 PM Trust and Retail Seperation
dollars & sense Offline
Gold Star
Joined: Oct 2006
Posts: 324
Do any banks allow their Trust officers to have access to the bank's core software? I am seeking feedback on why or why not.

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#1990421 - 01/22/15 06:57 PM Re: Trust and Retail Seperation dollars & sense
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 77,558
Galveston, TX
Is your trust department a component of the bank or a separate entity? If a component of the bank, why the heck not?
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#1990435 - 01/22/15 07:26 PM Re: Trust and Retail Seperation rlcarey
Cornfed Turtle Offline
Diamond Poster
Joined: Mar 2006
Posts: 1,323
"...Somewhere in Middle Americ...
Trust is a department of our Bank. Officers and assistants have core access for inquiry, etc.

Why? Their general operating account is a internal bank account and most of the trust customers have some form of banking relationship with us, too.

Trust officers don't open the checking accounts and don't maintenance, but certainly have access to the staff that do.

And I can't think of why the heck not.

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#1990442 - 01/22/15 07:31 PM Re: Trust and Retail Seperation dollars & sense
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 77,558
Galveston, TX
It would be totally different if they were an affiliate or third party selling NDIPs, but giving them inquiry access to their customer's general accounts should not be a problem.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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