Trust & Investment
Municipalities, public and quasi-public authorities often turn to us to serve as trustee or paying agent for new bond issues, or as registrar and transfer agent on both publicly and privately held stock. With a full-service corporate trust staff and a healthy share of Oklahoma’s bond-asset business, BancFirst Trust and Investment Management is widely recognized in the financial industry as Oklahoma’s Corporate Trust leader.
For more information about corporate trust services, please contact your local BancFirst.
Trustee Under Bond and Note Issues
As trustee under corporate bond and note issues, BancFirst Trust and Investment Management receives and holds the property in trust to secure the outstanding obligations and carries out the terms and conditions on the trust indenture.
As registrar, BancFirst Trust and Investment Management maintains the ownership records of stocks or bonds.
As paying agent, BancFirst Trust and Investment Management disburses dividends and/or interest and principal payments to the owner or holder of the stock or bond.
As transfer agent, BancFirst Trust and Investment Management physically changes ownership of stock or bond owners by issuing new certificates and/or changing old certificates.