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Trustmark Corporation is a bank holding company headquartered in Jackson, Mississippi. It provides banking services and wealth management services. The bank serves Mississippi, Alabama, the Florida Panhandle, Memphis, and Houston. As of December 31, 2023, the bank operated 163 full-service branches, 7 limited-service branches, and 131 ATMs. [1]
In October 2022, Trustmark finalized the sale of its subsidiary, Trustmark Health Benefits, to Health Care Service Corporation (HCSC). [8] Health Benefits is a third-party administrator of health benefits that designs and offers custom plans for mid- to large-sized self-funded customers. In January 2023, Trustmark celebrated 110 years in business.
Trustmark may refer to: Trustmark (bank), headquartered in Mississippi - Trustmark Park, a ballpark in Pearl, Mississippi - RSA Trustmark Building, in Mobile, Alabama. Trustmark (benefits company), headquartered in Illinois; Trustmark (commerce), business term
Trustmark National Bank Selects Central Source Capture from Fiserv to Digitize Check Capture and Processing Central Source Capture to automate all aspects of the item ...
The use of third-party management systems is mandated by the Office of the Comptroller of the Currency for American national banks and federal savings associations. [2] OCC bulletin 2013–29 explicates the third-party management requirements for financial institutions.
And there is an article Trustmark Bank (a Southeastern banking institution, founded in 1889, and the name Trustmark National Bank formally adopted in 1985). According to Google Trends, it appears more than 3 times more likely that when someone is looking for "Trustmark (Company)", they are looking for the bank, not the benefits organization.
Third party billing serves nearly 12 million households in the United States, and handles hundreds of millions of authorized transactions for consumers and businesses each year. [2] Several businesses, including Fortune 500 companies, choose to have their services included on their phone bills to reduce administrative needs and costs.
Escrow generally refers to money held by a third party on behalf of transacting parties. It is mostly used regarding the purchase of shares of a company. It is best known in the United States in the context of the real estate industry (specifically in mortgages where the mortgage company establishes an escrow account to pay property tax and ...