Trust Products and Services
As trustee, CSBI-Trust Department will manage your funds
or properties for the benefit of specified beneficiaries
for specific purposes such as providing their education,
financial support and other objectives.
CSBI-Trust Department can act as Trustee of the company operates
pre-need plans as the government regulatory agencies required them
to maintain trust accounts for the benefit of planholders.
The CSBI-Trust Department holds funds accumulated from the corporation’s
regular contributions or its employees, or both, to be used for lump sum
or other periodical payments for retired or incapacitated employees in
accordance with a private plan adopted by the corporation. CSBI-Trust
Department can be an investment manager or trustee of the retirement fund.
CSBI-Trust Department holds assets for two (2) or more contracting
parties and release or transfer these assets to the proper parties
concerned upon fulfillment of specific conditions as stated in the agreement.
CSBI-Trust Department acts as intermediary between the borrower and
creditors in the administration and management of the collateral
securing the borrower’s obligations. This will ensure that collaterals
are properly monitored for the benefit of both the creditors and the borrower.
This is created for the management of certain properties. CSBI-Trust Department,
as trustee, is empowered to perform some specific functions, such as enter
into contracts of lease, collect rentals due to the property and to pay taxes
that maybe levied thereon.
This is ideal for high net worth individuals and corporations looking
for higher yields than traditional bank deposits. CSBI-Trust Department
will assign individual portfolio manager to oversee the fund’s investment.
The client gets a regular accounting of his investments and may avail of
customized investment portfolio depending on client’s needs, the size of the
fund and our internal parameters.
CSBI-Trust Department can act as agent to safekeep the large holdings
of securities by the property owner. Our duty is to keep them safely
until such time the client demand delivery as agreed by both parties.
This involves a consolidation of the assets (cash, stocks, real state, insurance)
of an individual for the purpose of preserving these for the benefit of his immediate
heirs and for an orderly distribution to this beneficiaries.
The trustor / insured appoints CSBI-Trust Department (trustee) to
receive or collect the trustor’s life insurance proceeds for management,
investment and for distribution to the insured’s family or other beneficiary
in accordance with the terms set down by the trustor in the life insurance agreement.