Trust Tool- New Trust Account Preliminary Information and Review Form

Updated 05/11/2026

This tool offers a general overview of the key components of a formal revocable trust and can be tailored by the bank as necessary. This document is not a substitute for official legal documentation.

Rule: Federal Deposit Insurance Corporation (FDIC) Trust Examination Manual (Section 1: Management; Section 2: Operations, Controls and Auditing); Fiduciary account pre-acceptance review 12 CFR 9.6 and FSA 12 CFR 150.200; Record keeping for compliance 12 CFR 9.8 and FSA 12 CFR 150.420. State laws may apply.

Toolkit: Trust

Keywords: Trust Account, New Trust Account, Trust Account Pre-acceptance, New Trust Account Preliminary Information and Review, Trust Account Review, Trust Account Acceptance Form

5/11/2026 – Minor content and formatting changes.

 

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