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Trust Products & Services
We want to help you achieve and maintain wealth to provide financial security for yourself, your family, or your favorite charity. The mission of the Hills Bank Trust Department is to make your life easier by helping you make informed financial decisions. We also offer you the convenience of speaking face-to-face with a knowledgeable Trust Officer.
Above all, as a Trust Department, we go a step further by carrying out your financial affairs on your behalf — during your lifetime and beyond.
Our success is a reflection of our quality service.We have grown by establishing trust and maintaining credibility with our clients. Our Trust Officers focus on your individual needs and objectives with community bank responsiveness. Hills Bank Trust Officers are not commission-based and take a team-oriented approach to providing you with the highest level of service.
Growth and preservation of your assets entrusted to us is our highest priority. Our success in managing wealth has allowed us to grow and add resources to better meet existing and future client needs. Trust Operations are housed in Hills, Iowa and our client service staff is located at our Grand Rail location and at our Cedar Rapids Southwest location.
| Charitable Lead and Remainder Trusts |  |
| Donor Advised Charitable Fund | |
| Investment Management | |
| Individual Retirement Accounts (IRAs) and Rollovers | |
| Retirement Plans | |
| Trust and Estate Administration | |
Donor Advised Charitable Fund
The East Central Iowa Charitable Trust
Many people have a desire to make sizable charitable donations but are reluctant to do so. Perhaps potential donors are uncertain as to just which charities they would like to benefit when they wish to make a gift. Or, maybe a prospective donor is in a position to benefit from a large charitable deduction but is reluctant to do so because of a desire to avoid setting unsustainable expectations about future giving.
The East Central Iowa Charitable Trust was organized by Hills Bank and Trust Company to help increase investment in non-profit organizations qualifying for 501(c)(3) designation. The Charitable Trust provides a simple and convenient way to make charitable gifts. The Trust is a tool for donors who wish to make important gifts while simplifying the administrative tasks. If certain appreciated assets such as stocks are contributed, capital gains taxes can be eliminated.
An initial donation of $10,000 will open your gift fund within the Trust. Donations to the fund may be in the form of cash, securities, or transfers from an existing foundation or similar charitable trust. Gifts to the East Central Iowa Charitable Trust are irrevocable. Donors may advise the trustee regarding distributions to the charitable beneficiaries of their gifts.
For more information about the East Central Iowa Charitable Trust, contact a Hills Bank Trust Officer today.
For more information about the East Central Iowa Charitable Trust, contact a Trust Officer online or call:
- Grand Rail location at 319-338-1522
- Cedar Rapids Southwest location at 319-654-8020
- Toll-free nationwide at 1-800-899-8858
Please note that neither Hills Bank nor the Trust Department provides tax or legal advice. You should always consult an attorney along with a tax professional to determine how to prepare the best estate plan for your situation.
| Investment products are not a deposit, not FDIC insured, not insured by any federal government agency, carry no bank guarantee, and may go down in value. |
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