Before deciding which loan and trust corporation you want to work with, you should consider asking questions so you can better understand what to expect:
□ What loan and trust services do you offer?
□ How are your services different from another loan and trust corporation? How are your services different from a bank, insurance corporation or credit union?
□ How will my deposit be invested or loaned? Do I have a say in how it will be invested or loaned?
□ How often can I review the investments made?
□ Will I receive a statement to tell me how my deposit is doing?
□ Does you corporation issue an annual report?
□ Are there fees associated with the service I want you to provide? If so, how much are they and how are they paid?
□ Do you accept third party fees, benefits or commission for placing my business or dealing on my behalf? If so, what does that fee structure look like?
□ What security measures are in place to ensure my privacy is protected?
□ How will you communicate with me if something requires my attention?
□ Am I able to move my deposit to another loan and trust corporation? Is there a fee for this?