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Branch Banking and Trust is an FDIC insured lending institution that operates in 12 states across North America and Washington D.C.. As of October, 2012 Branch Banking and Trust had assets that totaled $178,034,172.

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Branch banking and trust of nc


What is your financial obligation if you are heir to a trust?

You have no responsibilities. The trust is responsible for its costs and distributing the assets per the terms of the trust.


What is the cc code for TD Canada trust bank?

The Common Canadian (CC) Code for TD Canada Trust Bank is a combination of the Bank Code/Financial Institution Number and the Branch Transit Number. 004 is the Bank Code for the bank. Check with your banking branch for the transit number.


How can you protect financial assets from attachment by nursing homes?

One way to protect financial assets from attachment by nursing homes is by creating a trust fund and transferring assets into it. This can help shield the assets from being considered for payment towards nursing home expenses. Consulting with a financial planner or an attorney who specializes in elder law can provide more personalized advice on how to protect assets.


What is PTB in RBC Banking PTB cash advance?

PTB in RBC Banking refers to "Personal Trust Banking." In the context of a cash advance, PTB cash advance allows clients to access funds from their personal trust accounts, providing liquidity when needed. This service can help individuals manage cash flow or cover unexpected expenses using the assets held in their trust accounts.


Can a irrevocable trust be bonded by silver?

Yes, an irrevocable trust can hold silver or other tangible assets as part of its investment portfolio. However, the specific terms and conditions of the trust document must allow for such assets, and the trustee must manage them in accordance with the trust's objectives and applicable laws. It's essential to consult with a legal or financial advisor to ensure compliance and proper management of the assets within the trust.


What executive positions are available in the banking industry?

Examples of these occupations include loan officers, trust officers, and financial managers.


Where are some of the branch banking and trust locations?

Branch Banking & Trust, more commonly referred to as simply BB&T, have over 1800 locations (not including ATM's) across the country. The corporate office is located in Salem, North Carolina, and the other branches can be found in 40 states within the U.S. and 9 other countries.


What services does the Branch Banking and Trust Company offer?

The Branch Banking and Trust Company offers the following services ; Accounting Firms, Broker- Dealers, Business Incubators and Accelerators, CIK Number, Company 401 k Plans, Credit Card Processing, Executives, Financial Advisors, Forex Brokers.They offer also the next services; Investment Advisors, Investment Banks, Investors On-line Brokers, On-line Brokers, Private Equity, Registered Agents, Venture Capital Firms.


When was Trust Banking Corporation created?

Trust Banking Corporation was created in 1996.


What is a testimonial trust?

A testimonial trust is a type of trust established to manage assets for beneficiaries, often created through a will or a living trust. In this arrangement, a trustee manages the assets on behalf of the beneficiaries and is often guided by the wishes expressed in the creator's testimonial documents. It allows for the distribution of assets according to specific instructions, ensuring that the creator's intentions are honored. This type of trust can provide financial security and protect the interests of beneficiaries, particularly minors or those unable to manage their assets.


Can a trust be a beneficiary?

Yes, a trust can be a beneficiary of another trust, as well as of various financial accounts, life insurance policies, and estates. When a trust is named as a beneficiary, the assets are typically managed according to the terms outlined in the trust document. This can provide control over how and when the assets are distributed to the final beneficiaries. It's essential to ensure that the trust's provisions align with the intentions of the person establishing the trust.