Chain Bridge Bank, N.A. offers asset custody services for individuals, self-directed IRAs, trusts, non-profits and corporations.
A custody account is the perfect solution for individual trustees who do not have the time or the expertise to fulfill the record-keeping, accounting and reporting requirements of the Uniform Principal and Income Act. By appointing Chain Bridge Bank, N.A. custodian of trust assets, an individual trustee can maintain control of those assets while delegating the administrative and accounting responsibilities of trust management.
Cash and investments held at a broker-dealer are liabilities on the balance sheet of the institution and can therefore be subject to creditor claims. Assets held in the trust department of a national bank such as Chain Bridge do not go on the bank’s balance sheet.
Unlike most custodians, Chain Bridge Bank, N.A. has the ability to custody both publicly-traded and privately-held securities. Chain Bridge’s state-of-the-art desktop and mobile portals make it easy for custody clients to monitor the values and activity in their accounts as well as to aggregate those accounts with accounts held at other institutions.
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