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What is the regulatory structure for Citadel Trust Company, a division of ?

April 26, 2017citadel COMPANY division regulatory structure Trust

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What is the regulatory structure for Citadel Trust Company, a division of ?

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Citadel Trust Company, a division of NITC is a limited purpose (trust only) national bank chartered by the Office of the Comptroller of the Currency (‘OCC’). The OCC is the primary regulator of national banks. NITC obtained its national charter in November 2000 by converting its state charter, formerly The Trust Company of Louisiana, based in Ruston, Louisiana. The Southern District of the OCC based in Dallas, TX regulates NITC. Periodic on-site examinations are conducted by staff of the OCC both at the main office and at the division offices.