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South Dakota Trust

Why South Dakota: The Trust Capital of the US

When most people think of South Dakota, they think of long stretches of plains and cold weather, but they may be surprised to know that, according to Q2 2023 FDIC State Profiles, South Dakota contains more than twice the banking…
December 1, 2023

What Was Old is New Again: Collective Investment Trusts

What are CITs? CITs, which are sometimes called Collective Trust Funds (CTFs) or Collective Investment Funds (CIFs), have been in existence since 1927 and operate today in a similar way as mutual funds. The main difference between a CIT and…
November 30, 2023