The Bank Section is charged with the supervision of trust companies to ensure safe and prudent fiduciary practices for the benefit of Idahoans who entrusted these entities with their assets. The Bank Section is tasked with ensuring any person or entity serving as a fiduciary, or otherwise engaged in trust business, meets all applicable requirements to engage in the activity and adheres to all laws and regulations. The Department is the primary regulator for trust companies formed in Idaho and collaborates with the home state of out-of-state trust companies for the supervision of these entities.