More than ever plan sponsors are embracing the responsibility of providing a high-quality retirement plan solution to their eligible employees. Retirement plan benefits can be an important component of an employee’s compensation program and employers need to partner with a provider they can trust. WoodTrust
Bank is that provider.
The WoodTrust Retirement Plan Services Team provides a highly-customized retirement plan solution for plan sponsors – a solution that is completely independent and objective. As a fiduciary, plan sponsors can take comfort in the fact that our loyalties lie first and foremost with plan participants and there are no hidden agendas in the process of implementing their retirement plan program. WoodTrust's fully-bundled retirement plan solutions are serviced by a dedicated and experienced relationship management team, both throughout the conversion process, and on-going operation.
TLGP Participation: Due to our substantial balance sheet strength and capital adequacy, WoodTrust Bank, N.A. has opted not to participate in the FDIC’s Transaction Account Guarantee Program effective January 1, 2010. After December 31, 2009, funds held in noninterest bearing transaction accounts will no longer be guaranteed in full under the Transaction Guarantee Program but will be insured up to $250,000 under the FDIC’s general deposit insurance rules. We have chosen not to participate in this program due in part to having been recognized by Bankrate.com and TheStreet.com – independent evaluators of bank financial conditions – for our financial strength. We are pleased to have been ranked amongst its highest achievers for safety and soundness.
We will continue to serve our clients with the high standards and sound banking practices to which they are accustomed.
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