Certified Corporate Trust Specialist (CCTS)

About CCTS | Apply | Exam Information | Exam Outline | Benefits | Maintain Certification | Advisory Board
 

About the CCTS

The Certified Corporate Trust Specialist certification is designed to:

• Establish a recognized standard of knowledge and competence for corporate trust professionals
• Formally recognize those who meet these standards
• Provide employers with a tool to identify skilled, knowledgeable professionals
• Support the benefits of professional continuing education and development

Eligibility requirements

You must meet the following pre-requisites in order to qualify to take the CCTS certification examination:

1. Professional Experience & Education

• Current employment in the corporate trust industry and a minimum of three (3) years of experience in corporate trust as well as 90 hours of ICB-approved corporate trust training or
• Current employment in the corporate trust industry and a minimum of five (5) years experience in corporate trust as well as 60 hours of ICB-approved corporate trust training or
• Current employment in the corporate trust industry and a minimum of eight (8) years experience in corporate trust as well as 30 hours of ICB-approved corporate trust training
  
  ICB-approved educational programs in corporate trust
  • Cannon Financial Institute Trust Schools (For more information, call 706-353-3346 or visit www.cannonfinancial.com)
  • State Bankers Association Corporate Trust Schools

2. Professional Reference

One letter of recommendation from your manager attesting to your qualifications for certification, including your corporate trust experience. The letter must be signed and on corporate letterhead.

3. Ethics Statement

Each candidate must sign ICB's Professional Code of Ethics statement.  Please note:  you must furnish all pertinent information about any convictions or pleas of nolo contendere on the grounds of fraud, embezzlement, unfair or deceptive practices, securities law violations, misappropriation of property, fraudulent conversations or any civil or administrative action from which you have been previously found liable.

4. Application

You must complete and submit the application.  You are required to meet the eligibility requirements in place at the time that you submit your application.

Maintenance requirements

To maintain your CCTS in good standing, you must adhere to ICB's Professional Code of Ethics, pay an annual fee, and complete 30 hours of continuing education every three years.

Fees

* The Exam Fee, minus a $100 nonrefundable Application Fee, is 100% refundable upon written request prior to the published withdrawal deadline. A $125 withdrawal fee is assessed if a candidate cancels or withdraws after the published withdrawal deadline from a scheduled exam date for which the candidate is registered. However, requests for withdrawal received on or less than fourteen (14) business days prior to the exam date will not be honored and the entire exam fee will be forfeited. ICB will consider waiving the forfeiture fee in case of a medical emergency. Your request for such a waiver must be made in writing and supported by documentation from a physician, which clearly states that you are unable to appear for the exam due to personal or immediate family medical issues. Requests will be reviewed on a case-by-case basis.
** Membership Fee is assessed annually every year after certification has been granted.
***Applies to individuals who hold more than one certification.

Benefits and services

• Free subscription to ABA Trust and Investments magazine (bimonthly, 6 issues per year)
• ICB Certified Banker newsletter (bimonthly, delivered electronically)

Click here for more information about CCTS benefits.

Questions?  Please contact icb@aba.com for more information.