With a custodial account, you remain in control of your own investment decisions without getting bogged down in all the administrative details of investing. Bank of Labor offers custodial account services with many convenient benefits.
Protect your securities against physical loss, theft, fire or neglect
Maintain detailed, up-to-date records
Purchase and sell securities according to your wishes
Provide detailed account statements of all trades and transactions
Audits are conducted at least once a year by internal or external auditors. Additionally, audits by government examiners are conducted on a regular basis that is determined by the government body conducting the examination.
Custodial accounts 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.