Description for 6091: Non-deposit Trust Facilities,
Division H: Finance, Insurance, And Real Estate |
Major Group 60: Depository Institutions
Industry Group 609: Functions Related To Depository Banking
6091 Non-deposit Trust Facilities,
Trust companies engaged in fiduciary business, but not regularly engaged in deposit banking. Some of these establishments occasionally hold limited amounts of special types of deposits, and their uninvested trust funds are usually classified as deposits. These non-deposit trust facilities may have either National or State charters. This industry does not include establishments operating under trust company charters which limit their fiduciary business to that incidental to real estate title or mortgage loan activities, which are classified in Industry 6361.
- Non-deposit trust companies