Trust Services

An experienced, capable and professional staff is what sets our Trust Department apart from the competition. We are big enough to get the job done, but small enough to care. It's not unusual to find our trust personnel visiting a client at his or her residence, hospital room or long-term care facility to keep financial matters organized and attended to. You are also welcome to call or meet with us in our Trust Department offices, which are located at 48th & Broadway, to discuss trust fees for specific services or new needs.

Trust Department Hours

Monday - Thursday: 8:30 AM to 5:00 PM

Friday: 8:30 AM to 5:30 PM

Walk-ins welcome (appointment is suggested)

Telephone: 217-277-0153

Fax: 217-277-0155

Other Trust Services

  • Conservator/Guardian
  • Power of Attorney
  • Life Insurance Trusts
  • Agency

Custodial Accounts

We hold and safeguard your securities while you maintain the ownership. We'll take care of important tasks that tend to be overlooked.

  • Record keeping
  • Collect income
  • Distribute income
  • Timely management of maturing securities

Testamentary Trusts

A trust is specified in the terms of your will. Upon your death, your assets pass into a trust, which is then managed by a trustee.

Bill Pay Plus

For a low monthly fee, SSB Trust Department will pay your bills in a timely manner. Clients include individuals who are not able to manage their own bills, or prefer not to have the burden of doing so. You can count on Bill-Pay Plus...and us!

Living Trusts

A revocable, or living trust, is a trust that permits you to be in charge because you can:

  • Revoke the trust at any time
  • Amend/revise the terms of the trust
  • Change beneficiaries
  • Avoid probate. When the trust creator dies, the directions contained in the trust can be carried out without delay in almost all cases.

Executor/Administrator of Estate

At times of death, families find the settling of an estate a time-consuming challenge. Name State Street Bank as the executor of your estate. Corporate executors are not subject to conflicts of interest with the beneficiaries and are sensitive to, but not subject to emotional considerations.

Farm Management

In our 120 years of working with area farmers, we have developed a great depth of knowledge about all facets of the agricultural industry. Our farm management program leverages a working knowledge, life experiences and continual information streams that strengthen our farm management program.

Land Trust

Real property is held in trust for the benefit of the named beneficiaries.

Escrow Agent

Escrow is a legal arrangement in which an asset is delivered to a third party (called an escrow agent) to be held in trust pending a contingency or the fulfillment of a condition or conditions in a contract such as payment of a purchase price.