Trust Tool- Trust/Fiduciary and Wealth Management Risk Assessment Worksheet
Updated 07/14/2026
This tool is designed to assist the bank in assessing the overall inherent and residual risks associated with its fiduciary activities. The bank should modify this tool, as needed, to ensure alignment with its charter, risk profile, policies, procedures, and the operational practices of its Trust and/or Wealth Management department, as applicable. This document is intended as a risk assessment aid and should not be considered a substitute for official legal documentation.
Rule: Office of the Comptroller of the Currency (OCC) 12 CFR 9 (Fiduciary Activities of National Banks) and FSA 12 CFR 150 (Fiduciary Powers of Federal Savings Associations); Federal Deposit Insurance Corporation (FDIC) Trust Examination Manual; OCC Handbook: Personal Fiduciary Activities; Federal Reserve SR 96-10 (SPE); State laws may apply.
Toolkit: Trust
Keywords: Trust/Fiduciary Activities, Trust/Fiduciary and Wealth Management Risk Assessment, Trust Risk Assessment, Fiduciary Risk Assessment
7/14/2026 – Moderate content and formatting revisions made to improve clarity.
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