Corporate and Institutional Trust Services

Christiana Bank & Trust Company provides the services businesses and other organizations need to save taxes, protect their assets from lawsuits and creditors, and limit owners' liability. A trust established under the Delaware business trust statutes provides for a flexible and unique special purpose entity with a number of uses. As escrow agent, we can hold cash and marketable securities as collateral pending the completion of various agreements.

Corporations, financial advisors, nonprofit organizations, and government entities have utilized us for the following services:

Note: Not FDIC Insured. May lose value. No bank guarantee.

Delaware Statutory Trusts

Christiana Bank & Trust Company is the resource to make a Delaware Statutory Trust run smoothly and effectively. Four factors make our bank the preferred choice:

First, Our firm concentrates on providing the fiduciary services required of a Delaware resident, statutory or owner trustee. We are able to work with the specialized indenture trustee who can most effectively and economically facilitate your transaction.
Second, Our highly experienced and knowledgeable trust staff is geared to cooperate closely with a client's other legal and financial advisors to see that each transaction is handled smoothly.
Third, Client service is our passion. Achieving a client's goal is a top priority. We maintain continuing communication to see that the trust is successfully implemented and administered.
Fourth, Christiana Bank & Trust Company's principal place of business is located in Wilmington, Delaware. Delaware fiduciary services are not a sideline. They are an important component of our bank's overall business mix.

For additional information on Corporate Trust & Agency Services click here

TOP

Rabbi Trusts

Rabbi and Secular Trusts can be an important part of a key executive's incentive compensation program.

Employees who participate can have an important fringe benefit taxed at a later date while providing security for the promise to provide deferred compensation.
Income is not realized until the deferred compensation payments are received by the employee.
Trust assets remain subject to the claims of the employer's general creditors under certain circumstances.
Christiana Bank & Trust Company's Delaware location, fiduciary experience and professional, capable staff are a resource that employers and their advisors can utilize to implement a successful program.

TOP

Special Purpose Entities

Corporations establishing an investment holding company or a similar entity in Delaware and Nevada can use this approach to achieve a variety of business objectives. The entity must be carefully structured and operated if it is to succeed as part of an effective planning strategy and meet the client's goals.

We seek to facilitate the implementation of the client's Delaware and Nevada based strategy and strengthen their Delaware and Nevada connections. Establishing as many connections as possible between a holding company and Delaware and Nevada is essential.

Christiana Bank & Trust Company can provide the banking, and custodial service and investment support that assists in creating credible substance in Delaware and Nevada.

Other services include:

Directors, Officers and Employees
Shared or Individual Office Space, Board Meeting Facilities
Secretarial and Receptionist Services
Act as Delaware and Nevada Resident Agent
Post Office Box and Mail Service
Telephone, Facsimile and Telephone Listing
Safekeeping of Corporate Records and Documents
Preparation and Filing of Federal, State, and Local Payroll Taxes
Maintenance of Director and Officer Lists
Maintenance of Accounts Payable / Accounts Receivable
Audit, Accounting, Legal and Other Service Provider Interface
Messenger and Courier Service

For Additional Information on Delaware Holding Company click here

For Additional Information on Nevada Holding Company click here

TOP

Insurance Trusts

When a Trustee is required for a life, accident, disability or other group insurance plan, Christiana Bank & Trust Company is a dependable choice.

As Trustee we maintain the policy in safekeeping and issue periodic fee notices to the sponsoring company or affinity group.
We maintain a complete accounting of all transactions on our trust accounting system.
Our administrators have online access to account information which allows you to provide your clients with personal responses to their inquiries without delay.
Christiana Bank & Trust Company's stability, knowledgeable administrators, and attention to detail make us the fiduciary of choice for a group insurance trust.

TOP

Escrows

Christiana Bank & Trust Company provides escrow agent services as an impartial stakeholder. We have the ability to administer funds or tangible property in support of legal, financial or contractual matters.

Our able, experienced and professional staff can be your resource to hold and administer:
- Statutory Deposits
- Payments or Collateral During Construction
- Funds Prior to the Closing of a Transaction
- Assets Pending Resolution in a Disputed Matter
- Insurance Company Capital Funds
Our accounting system and custodial facility provides us with the capacity to provide superior transaction processing, record keeping and tax reporting.
If the terms of the escrow call for investment services, the funds will be invested as directed. Our resources include a full range of institutional investment vehicles. Outside managers with superior track records are also available.

TOP

Like-Kind Exchanges

A Capital Expenditure Program that includes selling assets to acquire, improve, upgrade or modify like-kind assets can be enhanced through a like-kind exchange structure. Christiana Bank & Trust Company can be your resource for implementing the exchange.

Exchanges can be executed for both real and personal property.
The like-kind exchange transaction may allow you to:
- Defer Capital Gains
- Utilize Off Balance Sheet Financing
- Make inter-generation asset transfers or distributions
- Effect inter-corporate asset transfers
- Provide a succession planning strategy for a C or S Corporation.
Christiana Bank & Trust Company offers the experienced staff and the size and strength to see that your exchange is managed effectively.
Rely on our skilled professionals to help you or your clients manage and implement the exchange process through a trust or escrow arrangement.

For Additional Information on Like-Kind Exchanges click here

TOP

Portfolio Custody

Each client's portfolio or group of portfolios is assigned an experienced account officer. This individual is the client's single point of contact. This officer is supported and backed up by another account manager who is familiar with each individual account.
All assets are held in custody by the Trust Group of Christiana Bank & Trust Company which is a Delaware chartered banking institution. Statements are produced monthly and transactions are reviewed and monitored by your account officer who is located in Delaware.
Records are maintained and client reports are generated on the SEI Trust 3000 system. This proven and tested technology is constantly upgraded to keep pace with changes in the investment industry. This system is utilized by many of the nation's largest trust and asset management organizations.
All income is credited on payable date and each trade is settled on a contractual basis through the Depository Trust Company in New York or the Federal Reserve book entry system in Philadelphia.
A wide range of sweep vehicles is available.
Christiana Bank & Trust Company has a proven record of delivering the highest quality custodial services.

TOP

Christiana Bank and Trust Company