A conservator is appointed by a court to manage the property of a minor or a person who is unable to care for themself. Bank of Labor can act as conservator, providing a friendly, personal element to professional investment management and administrative services.
- Prepare detailed annual and periodic statements for court accounting
- Protect and safeguard securities
- Distribute assets or pay bills as authorized
- Collect investment income
Conservatorship Accounts may include investments that are not insured by the FDIC. Not deposits or other obligations of Bank of Labor. Not guaranteed by Bank of Labor. Subject to investment risks, including possible loss of the principal invested.