A fiduciary is someone entrusted with the care of another person's money or property. Fiduciaries have a legal obligation to act in the best interest of that party. Fiduciary accounts are deposit accounts owned by one or more parties (ward / beneficiary) and managed by another party.  

Fiduciary account types:

• Escrow
• Estate
• Guardianship
• Irrevocable Trust and Fund accounts
• Revocable (Grantor) Trust
  
• Representative Payee
• Uniform Transfer To Minors Act
• Veterans Administration Custodial account

ALL personal and fiduciary account legal documents are required to be reviewed by Call me Direct for approval before proceeding with opening or revising an account.  

1. Scan and email all documents to _Call Me Direct to review.
2. Call Me Direct reviews the documents and takes one of the following actions:
   • Approves the account opening or change
     • If the documents are approved, CMD completes a Document Review Coversheet and emails the associate opening/revising the account.  
     • The Document Review Coversheet from CMD MUST be imaged with account documents. 
   • Denies the account opening or change

Note: Capital City Bank no longer opens new Debtor In Possession accounts for clients. An existing account requiting revisions must be reviewed but eh Collections or Litigations Manager before revising based on the bankruptcy or debtor in possession documents.

Click on the links below for procedures on opening new fiduciary accounts:

• Opening a New Escrow Account
• Opening a New Estate Account
• Opening a New Guardianship Account
• Opening a New Irrevocable Trust & Fund Account
• Opening a New Revocable (Grantor) Trust Account
• Opening a New Representative Payee Account
• Opening a New UTMA Account
• Opening a New Veterans Administration Custodial Account