Trust Tool- Trust/Fiduciary Account Synopsis – Employee Benefits Worksheet

Updated 07/02/2026

This operational tool is intended to assist with fiduciary account administrative reviews and facilitate ongoing compliance. The bank may revise and/or customize this form as needed to reflect the policies, procedures, and operational practices of its Trust and/or Wealth Management department. This document is not a substitute for official legal documentation.

Rule: Federal Deposit Insurance Corporation (FDIC) Trust Examination Manual (Section 2: Operations, Controls and Auditing, Section 5: Compliance/Account Administration – Employee Benefit Accounts); Office of the Comptroller of the Currency (OCC) 12 CFR 9.8 and 12 CFR 150.420.

Toolkit: Trust

Keywords: Trust Account, Trust/Fiduciary Account Administration, Trust Account Administration, Trust Account Synopsis, Employee Benefits, Account Synopsis – Employee Benefits Worksheet

7/2/2026 – Minor content and formatting revisions made to improve clarity.

 

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