WILMINGTON, N.C. – Live Oak Bancshares Inc. continues its leadership in trust services for funeral home and cemetery clients with the hire of Mark A. Hall, the company announced in a press release. As senior vice president and director of trust relationship management for Live Oak Trust, Hall will provide administrative, operational, investment and consultative services to funeral and cemetery trust customers.
Hall joins Live Oak Bank after 22 years with SunTrust Bank in the financial services industry, most recently spending more than six years as head of funeral and cemetery trust services at the bank.
“Mark is a great addition to our Trust team as he understands the complexities of funeral and cemetery trusts,” said Steve Jackson, CEO, Live Oak Bank Trust Services. “His insights and experience ensure our funeral home and cemetery trust customers the best access, options and service for their accounts.”
In addition to being financial leaders in the funeral service industry, the trust’s in-house legal team focuses exclusively on funeral and cemetery trust customers and understands the importance of ensuring trust accounts are in compliance with all the various state statutes, rules and regulations.
“The transformation and consolidation taking place in the funeral service industry is leading to greater challenges and opportunities for our customers,” said Hall. “I’m thrilled to join other experienced leaders in the funeral home and cemetery industry at Live Oak Trust as we help our customers navigate these changes.”
To learn more about Live Oak Trust and its services for funeral home and cemetery clients, visit liveoakbank.com/trust.
Posted May 18, 2017