MUSCATINE – First Community Trust, N.A. (FCT), a nationally chartered trust company, has partnered with Members Community Credit Union in Muscatine to expand access to wealth management services for its members.
As part of the relationship, FCT Insurance, an affiliated insurance agency, also will offer insurance solutions.
Through the partnership, members will have local access to expert investment management, retirement and estate planning, and trust administration through FCT, along with annuities, life, Medicare, disability, and long-term care insurance offered by FCT Insurance, according to an FCT news release Wednesday, Feb. 25.
“Partnering with First Community Trust allows us to provide a truly holistic financial experience for our members,” Members Community Credit Union CEO Tim Chapman said. “By bringing FCT’s expertise directly to our credit union, we are ensuring members have access to the trusted advice they need to grow their assets and plan for their financial futures, all in one place.”
FCT has established 18 credit union partnerships across Iowa, serving clients in western, central and eastern regions as well as western Illinois. The partnership with FCT and FCT Insurance empowers credit unions to enhance their member service capabilities, delivering a more personalized and comprehensive financial experience, the release said.
Leading these efforts are Wealth Advisor and Trust Officer Blake Randel and insurance agent Quinlan Riser who will provide a unified approach to financial planning. Mr. Randel brings more than 15 years of experience in investment and trust strategies, while Mr. Riser offers more than a decade of expertise in insurance solutions.
“FCT is focused on guiding Iowans as they navigate key financial milestones,” FCT’s Chief Executive Officer Adam Claypool said. “We’re thrilled to broaden our impact through this collaborative partnership. Together, we are equipping members with the expert advice and protective tools they need to make informed choices and achieve long-term financial security.”
First Community Trust, N.A. is a nationally chartered trust bank offering investment, retirement, financial planning, and trust services for individual and institutional clients nationwide. FCT’s professionals have more than 450 years of consistent and collective investment, financial and trust experience.
Founded in 2001, FCT manages over $1.3 billion in assets, helping individual clients achieve their personal financial, retirement and estate planning goals and helping institutional clients with their retirement plans and other investment management objectives that impact members, employees, and communities.
