The ABA first established a Trust Division in 1897. In 1999, the Center for Securities, Trust and Investments was created to assist member banks, savings associations and trust companies offering, among other things, trust and fiduciary services. The Center monitors federal legislation, regulatory agency rulings and judicial decisions to assure that laws, regulations and policies under current review favor trust and fiduciary services offered by banking organizations.
Our mission at the Center is three-fold:
- To be a trusted, timely resource for banks seeking information on how to best serve customers' investment needs.
- To assist bankers in interpreting opportunities prescribed by legislative and regulatory changes.
- To vigorously pursue an advocacy agenda by working with policymakers, legislators and regulators to ensure that laws, rules and decisions serve the competitive interests of banks involved in investment activities.
Senior Vice President