Members Trust Company

What Members Trust Company does

Members Trust Company (MTC), founded in 1987 and headquartered in Tampa, Florida, is the first nationally chartered trust and investment management company owned by credit unions in the United States. The company operates as a federal thrift regulated by the Office of the Comptroller of the Currency and provides trust administration, estate settlement, fiduciary services, institutional asset management, wealth management, and retirement planning to credit union members, individual investors, financial advisors, RIAs, and credit union institutions nationwide. Its service footprint includes offices in Tampa, Denver, Fairfax, and Las Vegas, with a network of 96 credit union partners and over 200 MTC Agents.

MTC's product portfolio spans core trust and estate services, institutional products including Charitable Donation Accounts and Employee Benefit Funding Trusts (EBFT), wealth management, and a suite of ETF-based investment strategies (Income Focus, Conservative, Balanced, Balanced 60/40, Moderate Growth, Moderate Growth 80/20, and Growth). The firm was an early adopter of ETF-based portfolio construction in 2004 and has developed proprietary offerings including the trademarked FlexIRA — an IRA agreement that combines trust structure with IRA flexibility to address SECURE Act 10-year payout requirements — and Dynamic Income, a multi-asset income strategy. Investment oversight is provided by an Investment Policy Committee comprising six CFA charterholders with over 190 years of combined experience, and the firm claims GIPS compliance. Client access is supported through a FIS-powered password-protected portal provided free of charge to clients.

MTC's business model is asset-based and recurring, generating revenue through investment management fees on approximately $4.4 billion in AUM, trust and fiduciary administration fees, and fees for wealth planning and institutional services. The company is privately held under cooperative ownership by its credit union partners and does not have venture capital backing. Distribution occurs through three primary channels: credit union partnerships (its core channel), direct-to-consumer sales to individual investors, and enterprise field sales to financial advisors and RIAs. In 2026, the company was recognized as CUSO of the Year by the National Association of Credit Union Service Organizations (NACUSO).

Name

Members Trust Company

Legal name

Members Trust Company

Website

https://memberstrust.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Trust and Investment Management Services

NAICS

Trust, Fiduciary, and Custody Activities (523991), Trusts, Estates, and Agency Accounts (52592), Trusts, Estates, and Agency Accounts (525920)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Corporate & Institutional Trust Services (FSAAANAB)

akta.pro secondary industries

Trust Administration & Fiduciary Accounting Services (FSAAANAF), Personal & Family Trust Services (FSAAANAA), Philanthropic & Charitable Trust Services (FSAAANAI)

Keywords

• Trust administration services
• Investment management
• Retirement planning
• Wealth management
• Estate planning

Headquarters

HQ city

Florianópolis

HQ country

Brazil

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Trust and Fiduciary Services: Members Trust Company generates revenue through fees for trust administration, estate settlement, fiduciary oversight, and corporate trustee services. These are ongoing fees typically based on assets under administration or flat fees for specific services.
2. Investment Management Fees: Discretionary investment management services for individual investors and institutional clients (credit unions), generating fees based on assets under management (AUM). The company manages over $4 billion in assets.
3. Wealth Planning and Advisory Services: Comprehensive wealth planning services including retirement planning, estate planning, and financial stewardship for individual clients and families.
4. Charitable Donation Accounts: Structured accounts supporting planned charitable giving with administration fees for managing charitable trust arrangements for credit unions and individuals.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Members Trust Company provides trust administration, estate settlement, and fiduciary services for individuals, families, and credit unions, alongside discretionary investment management built on ETF-based portfolio strategies. It serves as the trust and investment arm of 96 credit union partners nationwide, enabling those credit unions to offer sophisticated wealth, retirement, and estate services to their members without building internal trust infrastructure, while also serving individual investors, RIAs, and financial advisors directly.

Product overview

Members Trust Company operates as a unified platform of trust, estate, and wealth management services, positioned as the first nationally chartered trust and investment management company owned by credit unions. The core offering centers on Trust & Estate Services and Institutional Asset Management (encompassing Charitable Donation Accounts and Employee Benefit Funding Trusts), supplemented by Wealth Management and a suite of Investment Solutions (including FlexIRA retirement planning, Dynamic Income strategy, and seven ETF-based portfolio strategies ranging from Income Focus to Growth). The company also provides educational resources through MTC University. All services are delivered under fiduciary standards with a focus on credit union members and non-credit union clients nationwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Trust & Estate Services Core fiduciary services including trust administration, estate settlement, and long-term financial stewardship for individuals, families, and institutions, including revocable and irrevocable trusts, corporate trustee services, and beneficiary coordination.
• Institutional Asset Management Investment management and fiduciary services designed for credit unions, including support for corporate capital and institutional portfolios, along with the Charitable Donation Account and Employee Benefit Funding Trust solutions.
• Wealth Management Investment management and financial planning services for individual investors, helping clients achieve long-term financial goals through strategically designed ETF-based portfolios.
• FlexIRA Retirement Planning A proprietary IRA agreement that lets account holders tailor how retirement savings are distributed to beneficiaries without needing a separate trust, blending IRA tax benefits with structured trust control. Offers three payout paths: Flex Standard, Flex Protected Access, and Flex Trust.
• Dynamic Income A high-conviction, multi-asset portfolio designed to generate enhanced income potential through an adaptive, research-driven framework combining Global Equities, Global Fixed Income, and Alternatives asset classes within a core-satellite portfolio design.
• Charitable Donation Account (CDA) A structured account supporting planned charitable giving, allowing individuals, families, or organizations to set aside assets for charitable purposes with organized administration and long-term stewardship.
• Employee Benefit Funding Trust (EBFT) A trust-based solution enabling organizations to fund employee benefits through actively managed investment returns rather than operating income, with customizable investment policies tailored to organizational needs.
• ETF Investment Solutions Suite A suite of seven ETF-based discretionary portfolio strategies managed by the Investment Policy Committee, offering various risk/return profiles including Income Focus (25/75), Conservative (40/60), Balanced (50/50), Balanced 60/40 (60/40), Moderate Growth (70/30), Moderate Growth 80/20 (80/20), and Growth (90/10).
• MTC University Educational platform providing investment outlooks, market updates, capital market assumptions, market insights, and research resources including MTC Market Minute, Market Compass, Market Insights, and Market Musings blog content.

Quantifiable outcome

• Credit union partners offset 38% of benefit costs through Employee Benefit Funding Trusts
• +3 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• 96 Credit Union PartnerscoreChannel Partner/ Reseller/ DistributorMembers Trust Company is owned by America's credit unions and partners with 96 credit union institutions nationwide. These credit unions refer members to MTC for trust and estate services, investment management, and wealth planning solutions, allowing credit unions to offer sophisticated financial services without building internal trust infrastructure.
• FIS (Financial Information Services)coreTechnology or IntegrationFIS provides the technology platform powering Members Trust Company's password-protected client portal. The portal provides clients access to investment portfolio information, account data, and a secure document vault.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Concentra Trust: A trust company owned by Canadian credit unions providing trust, estate, and investment services to credit union members—structurally the closest international analog to Members Trust Company's credit-union-owned trust model.
• Midwestern Securities: Provides trust, custodial, and investment services to credit unions and their members, with a similar credit-union-channel focus and comparable trust administration offerings to MTC.
• Trust Company of America (now part of BNY Mellon Wealth): Originally a standalone trust company serving RIAs and financial advisors with trust administration and custodial services—directly comparable to MTC's RIA/advisor-facing trust and investment offerings.
• Equity Trust Company: Specializes in self-directed IRAs and custodial trust accounts, overlapping with MTC's FlexIRA and IRA-administration capabilities and serving a similar advisor-led retirement market.
• Wealth Enhancement Group: Independent wealth management firm offering trust, estate, retirement, and investment management services to individuals and families—closely comparable to MTC's personal trust and wealth management business.

Broad incumbents

• TruStage (CUNA Mutual Group): Credit-union-affiliated financial services CUSO offering insurance, investment, and TruStage Wealth solutions to credit unions—broader than MTC but directly comparable as a credit-union-owned financial services provider.
• LPL Financial: Largest independent broker-dealer serving RIAs and financial advisors, including many credit-union-affiliated advisors, with custodial and investment platforms that overlap MTC's advisor channel.
• Cetera Financial Group: Independent broker-dealer serving thousands of financial advisors, several credit-union-affiliated programs, and offering trust and investment solutions comparable to MTC's advisor-facing services.
• Cambridge Investment Research: Independent broker-dealer serving RIAs and credit unions with wealth management and investment platform capabilities that overlap with MTC's advisor-channel offerings.

Others

• Allied Solutions: Provider of insurance, lending, and financial services to credit unions nationally, overlapping with MTC's credit-union channel and complementary in serving the same institutional customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/members-trust-company

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Members Trust Company