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Seven Seventeen Credit Union Adds Trust Services
WARREN, Ohio -- Members Financial Services, in association with Seven Seventeen Credit Union, is now providing trust services through Members Trust Co. These new services will provide credit union members with trust- and estate-planning services such as living trusts, testamentary trusts, estate settlement, custody accounts, escrow accounts, reverse mortgages, managed agency accounts, and financial planning.While the services are new, the relationship with Members Financial Services is not. Members Financial Services representatives have provided financial counseling services such as retirement, estate and investment planning as well as insurance to Seven Seventeen members for a number of years, officials say.Bill Day, a Members Financial Services representative, will serve as trust liaison officer for the federally chartered Members Trust Co."With current laws and regulations, a simple written will no longer guarantees that an individual's estate will pass to their heirs as desired," said Gary Soukenik, president and chief executive officer of Seven Seventeen. "These new services are part of our continuing effort to provide financial products that will meet the changing needs of our members."Members Financial Services is a service of CUNA Brokerage Services Inc. and is a registered broker/dealer in all 50 states. Seven Seventeen Credit Union, a member-owned financial institution established in 1957, is the third largest credit union in the state of Ohio with nine offices located throughout Trumbull, Mahoning, Stark, and Portage counties."