Agency Accounts

 

Custody or agency accounts provide support in managing investments without establishing a trust.  The Bank assumes responsibility for specific duties concerning your investments based on your instructions.  There are three (3) types of agency/custodial accounts to choose from in order to meet your needs.

  • Custodial -- Citizens Bank provides accounting, record keeping, account execution, bill paying, and safekeeping services, but does not provide investment management advice.
  • Advisory Agency -- Bank provides all account duties listed above including investment management advice with you making the final decision.
  • Managing Agency -- Bank makes all investment decisions, provides accountings, record-keeping and safekeeping services.

 

Contact us today at 870-698-6371 for more information.