FARMINGTON HILLS, MI – April 15, 2024
Continuing to grow its trust and fiduciary business throughout Michigan and beyond, Credit Union Trust has expanded its trust team with the addition of David Benedetto as EVP, Chief Fiduciary Officer.
An experienced trust advisor and manager, Dave oversees the management and administration of trusts, estates, investment agency, and other fiduciary accounts to ensure the highest level of client satisfaction and regulatory compliance.
“Adding Dave to the team further enhances our growing team dedicated to providing fiduciary solutions tailored to the needs of our clients and their advisors,” said Jordan Summers, CEO and President. “Dave’s a proven leader in our industry and he shares our values and commitment to professionalism and service.”
Dave has extensive experience in the trust industry, formerly serving as VP, Regional Manager and Trust Advisor for Comerica and VP, Senior Trust Officer at Merrill Lynch. Prior to his appointment as Chief Fiduciary Officer, he worked with CU Trust extensively as a consultant, contributing to the organization’s procedures, research, and accounting, and working with attorneys and CPAs throughout the trust administration and settlement process.
“It was easy to say ‘yes’ to joining the CU Trust team,” said Dave. “We have an experienced team—and we also have the enthusiasm and energy to make our mark as a valuable, respected player in the trust space.”
Dave holds a BA in Mathematics and Economics from Albion College and a JD from Wayne State University School of Law.
Credit Union Trust is a limited purpose bank with a mission to provide reasonable, reliable, and accessible trust & fiduciary services for a broader range of people, helping them protect assets, build desired legacies, and enjoy peace of mind. Originally established by credit unions, it offers trust and investment management services to individuals and families, attorneys and wealth advisors, and charitable organizations, including foundations and endowments.
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