Friday, April 18, 2014
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ESOP Services

Evolve Bank & Trust offers fiduciary services in a unique & specialized capacity - we serve as an independent trustee for Employee Stock Ownership Plans (ESOPs).


For the estimated 11,500 U.S. corporations that have already adopted ESOP plans and trusts, as well as for the many corporations adopting new plans each year, the engagement of an independent ESOP trustee is a necessity for eliminating the possibility of internal conflicts of interest, as well as for insulating the corporation, its officers and directors from liability exposure to litigation and critical review by regulatory authorities.


In the spirit of Evolve Bank & Trust's over 85 year tradition of providing specialized financial services with the familiarity and convenience of a home town bank, the focus of Evolve's ESOP division is servicing the ESOP community as an independent fiduciary and trustee.


We pride ourselves on developing and maintaining a personal relationship with every client. This allows us to identify and address the specific needs of each, and enables us to provide them with the necessary fiduciary protection. Our personalized approach assists us in safeguarding the assets of the plan for the benefit of the participants, and in insuring that the plan's objectives are fulfilled in compliance with applicable state and federal law.


For more information on Evolve's ESOP Services contact:

Michael New
Toll Free: 866.367.2611
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