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TRUST ACCOUNTS
A trust is a legal arrangement created with the help of an attorney. Property can be placed in a living trust while the beneficiary is still alive, or a trust can be designated in a will that becomes effective upon the death of the testator, or the person who the will is designed for. Both have tax and probate savings for heirs, among other benefits. As trustee, Denver Savings Bank carefully manages trust assets to ensure that  customer goals and wishes are fulfilled. In accomplishing this task, we offer the following trust services:

Burial Trust Accounts
A Burial Trust is an agreement that sets aside funds for funeral costs in the form of a certificate of deposit. A Guaranteed Burial Trust includes an agreement with a funeral home that lists specific products and services. The funds are safe, earn a competitive interest rate, are readily available to your selected funeral home, and reduce financial worries during the grieving process.

Conservatorship Accounts 
A Conservatorship Account refers to a financial account over which an individual or institution has been appointed by a court to manage and preserve the assets of an individual who is incapacitated or unable to manage their own financial matters.

Estate Executor Accounts 
As executor, Denver Savings Bank offers professional investment, bookkeeping, and reporting services.

WE RECOMMEND THAT YOU CONTACT YOUR ATTORNEY TO DETERMINE WHICH OF OUR TRUST SERVICES ARE RIGHT FOR YOU.

Contact our experienced Trust Department for assistance with your financial affairs today!

Jennifer L. Haugen, Trust Officer
Gayle J. Eick, Assistant Trust Officer

Rita K. Hillmann, Executive Vice President/Asssistant Trust Officer

 

RETIREMENT ACCOUNTS
Denver Savings Bank offers Traditional, Roth, and Coverdell Individual Retirement Accounts (IRAs). Whether you are interested in saving for your child's education or for your retirement, Denver Savings Bank has the tools to help you succeed in your financial goals.  Click here for more details.

Contact Madonna today for all your IRA needs!

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