Protect your interests, streamline your processes
We're rare among banks in this state because we offer a Land Trust, which is a simple and inexpensive way for you to manage property you own in Illinois. We will help you at every step of the process, and we ask that you consult your attorney for legal advice pertaining to these special trusts.
A Land Trust can be created by an individual, corporation, or limited liability company. There are several benefits to consider:
- Confidentiality of ownership: Ideal when a group wishes to acquire several properties while remaining anonymous, either to keep individual interests confidential or to avoid unsolicited inquiries or proposals
- Shared ownership protection: Helpful in avoiding complications of divorce, legal disability or death of one of the property owners
- Avoiding probate delays: The person who creates the Land Trust retains control over the property and the owner's succession plan is effective upon death, which helps avoid additional probate proceedings that are required in Illinois.
For more information please contact:
Suzanne Casagrande
Assistant Vice President, Land Trust Officer
815-478-4611
Assistant Vice President, Land Trust Officer
815-478-4611
Merchant Processing
Upgrade your systems to cater to your customers. For a competitive price, you can accept credit card payments and increase your revenue. Along with regular credit card processing, we can offer you mobile solutions, web-based solutions, gift/loyalty cards and much more.
Call Suzanne Casagrande at 815-478-4611 for more details.
First Bank of Manhattan & New Lenox are full-service banks with branches in Will County, Illinois.