Taking Care of More than Money.
Since 1987, Members Trust Company has been guided by the strength and values of America’s Credit Unions, allowing us to walk that extra mile for your clients—big or small—with the operating practices you would expect from a national fiduciary.
One Corporate Fiduciary for All.
Most corporate fiduciaries focus on the top 1% of high-wealth individuals, resulting in minimum trust sizes often in excess of $1 million or more. Our ownership by America’s Credit Unions charges us with the corporate responsibility to provide a fiduciary solution to clients large and small.
Special Needs Trusts
We are experts in special needs trust administration and pride ourselves in delivering unique solutions for everyone. In addition to a stringent distribution process, our suite of services includes:
- Customized prepaid debit cards that afford beneficiaries financial independence while protecting eligibility for needs-based government assistance
- A firm available to serve as employer of record when loved ones are providing caregiving services, allowing family members to be compensated and to contribute to their social security for retirement while protecting trust assets from employer liability
- Healthcare assessment performed by a national nurse consulting firm, determining a beneficiary’s quality of life needs and informing life care planning
Power of Attorney Appointments
With an aging population, elder financial abuse perpetuated with a Power of Attorney presents an ever-increasing risk to your clients. Members Trust Company can serve as Financial Attorney-In-Fact and assume your client’s desired financial duties and responsibilities.
For IRAs and other accounts, your client can name an Account Protector to receive statements and direct communications with us regarding the investment management of the client’s IRA or other investment accounts. If possible elder financial abuse is suspected, Members Trust Company contacts the Account Protector directly to review transactions and the basis of our concern.
Clients who experience permanent and long-term injuries from an accident need comprehensive financial services to address personal and financial needs. We will work with your clients to implement a Health Care Management Plan, serve as trustee of a Special Needs Trust, arrange for a Medicare Set Aside Trust, and evaluate the economic value of proposed settlements.