COMMUNITY NATIONAL BANK & TRUST OF TEXAS

Trust and Investment Services
Integrity. Experience. Commitment.

Community National Bank & Trust has offered a full range of fiduciary services since 1989. Our hallmark is the personal and flexible service that a locally owned, community bank can deliver. Our Trust and Investment professionals manage assets of over $160 million for individuals, churches, charitable foundations, educational institutions, and businesses throughout Central Texas. Accounts under management include investment management and advisory accounts, trusts, estates and retirement accounts.

Investment Management

Community National offers complete investment management services, both in an advisory or full discretionary capacity. Once we gain a thorough understanding of what is important to you, we work with you to develop a sound investment plan to meet your goals.

Serious investing is a full-time job.  When you invest with Community National, you are assured of a relationship with an experienced portfolio manager who is fully supported by professional partners. Our staff brings you and your family many years of combined experience in the investment management business. We use proven equity and fixed income strategies which are supported by both our own and outside investment research. Regular reports and periodic reviews keep you informed of the progress toward your investment goals.

Trust Services

We are trustworthy by design.  The list of specific duties expected of a trustee is extensive – preserve and protect trust assets, invest and administer with care, maintain records, account to beneficiaries, and deal with beneficiaries impartially. These high standards of stewardship insure that our clients’ wishes are followed and give them peace of mind.

Living Trusts   These trusts provide full financial management during life. The bank as trustee keeps records, pays bills, makes investment decisions, and distributes income and principal according to the terms of the trust. A living trust offers continued financial protection in event of incapacity, or when the client wishes to transfer management responsibilities to the bank for freedom to run a business, enjoy retirement or other activities.

Testamentary Trusts   A legacy in trust, whether for a surviving spouse, a child or other family members, can provide a lifetime of financial security through careful, professional management. Significant estate tax savings can be accomplished through the use of a marital deduction trust, QTIP trust or a bypass trust under the terms of a will.

Charitable Trusts   Thoughtfully designed trusts can provide financial protection for you or for family members, as well as substantial support for your favorite charity. Significant tax benefits may be available as well.

Estate Settlement

Who will settle your estate? One of the most important decisions in planning an estate is deciding upon the executor. We recommend that you look for these characteristics in your executor:

Experience.  How many estates has the executor handled? You don’t want your estate to be on the learning curve.

Expertise.  The professional skills needed to settle an estate include accounting, investment management, and tax knowledge. Even a “modest” estate can be a burden for one person to handle.

Availability.  Individuals may die or relocate, and even when they are available, they make take vacations, fall ill, or be pressed by other responsibilities.

Impartiality.  Does your executor have a financial interest in the estate? That can cause conflicts of interest. Your beneficiaries’ interests must come first, always.

Estate settlement is one of the most important services that we provide for families. Put Community National’s expertise to work for you by naming the bank as Independent Executor of your estate. We may also serve as agent for an individual named as Independent Executor. Under this arrangement, the bank can relieve the appointed Executor of all the duties that are required in settling an estate, while keeping the Executor fully informed as settlement progresses.

Rollover IRA Accounts

We recognize the importance of investing a lump-sum distribution from a retirement plan. For most individuals, it represents the most money that they will ever have in one place at one time. Managing a sum of this size is a serious undertaking. We offer two approaches for managing these important assets when they are placed in a Rollover IRA.

Self-directed accounts.  If you feel comfortable making investment decisions on your own, we will simply invest your Rollover IRA per your instructions.  We will execute your buy and sell decisions, collect and reinvest dividend and interest income, and provide you with complete records of all activity in your account.

Managed accounts.  If you prefer, we stand ready to manage your Rollover IRA on your behalf. One of our trust officers will meet with you to design an investment strategy according to your risk tolerance and goals. Once the plan is created, we will manage your account within the parameters that you have established.

FAIR AND FULLY DISCLOSED FEES

We are committed to providing our clients with fair and fully disclosed fees. Fees are based on the market value of the assets that we manage or the specific service that we provide.

NOT FDIC INSURED

NOT BANK GUARANTEED

MAY LOSE VALUE