First National Bank in Blytheville has full Trust powers. As a corporate trustee, we offer stability, dependability, objectivity and expertise in the administration and management of your Trust Funds.

Personal Trusts (Living Trusts and Trusts Under Will)
Management of your Personal, Living or Trust Under Will can be administered by First National Bank. Services can include but are not limited to the following:

Features:

• Receive and review all assets delivered.
• Invest and manage assets in accordance with the instrument.
• Furnish continuous investment supervision and periodic investment reviews.
• Furnish annual statements including a list of assets and a complete accounting of receipts and disbursements.
• Maintain proper records.
• Collect all income dividends, rents and profits earned.
• Distribute the net income as directed by the instrument.
• Distribute the principal as directed by the instrument.
• Furnish information to beneficiaries for preparation of income tax returns.
• Oversee the maintenance and care for the well being of the incompetent client.
• Minimum annual fee is $400
• Additional fees apply according to asset value, income and distribution.

Agency/Custodial Accounts
This service is tailored to fit the individual customer's needs. Services rendered are under contractual basis. You decide how much or how little is done. Ideal for individuals who do not want to be bothered with routine bill paying and asset management or those who need temporary help because of illness or travel.

Features:

• Safekeeping of securities
• Collecting interest, dividends, and other income
• Paying monthly expenses
• Reconciling monthly bank statements
• Preparing annual accounting for income tax purposes
• Purchasing and selling securities as directed by you
• Fee per month for short term contracts
• Minimum fee for annual contracts or $1.50 per $1,000 current market value of total assets managed, plus 1.5% of all income produced

Guardianship/Guardian of Estate
First National Bank in Blytheville will administer the estate of a minor child or incompetent individual for his/her benefit.

Features:

• Court appointment and direction
• Services are the same as for Trusts
• Fees are the same as for Trusts

Executor/Administrator of Estate
First National Bank in Blytheville can be appointed by the Probate Court to act as Executor or Administrator of an individual's estate. The court allows reasonable compensation for services rendered. The determined compensation is court approved and is a one time charge without regard to the length of time the estate remains open. Fees are statutory and are based on value of personal property in the probate estate.

Features:

• fees are 10% of 1st $1,000 plus 5% of next 4,000 plus 3% of all over 5,000