Placed in trust


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  • | 7:40 a.m. April 5, 2013
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News of a dividend increase isn't common from the banking industry these days.

But one small corner of the financial world is doing particularly well: non-deposit trust companies. One such company, Investors' Security Trust in Fort Myers, boosted its shareholder dividend by 33% recently.

At the helm of Investors' Security is Charles Idelson, a veteran banker and former president and CEO of SunTrust Bank of Lee County. Years ago, Idelson oversaw a staff of 60 trust officers at SunTrust, spread between Lee and Collier counties.

 

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