Attestation

By submitting the Professional Trustee Account Attestation form, I further attest that:

• The deposits in the mentioned account(s) are held in trust by a Professional Trustee;
• The trustee is not acting in the capacity of a Nominee Broker¹ with respect to those deposits;
• The contact information provided is accurate and up to date; and
• I request that the mentioned account(s) be identified as Professional Trustee Account(s) (“PTA”).
  
  

Acknowledgement of Responsibilities

I acknowledge that the Professional Trustee has the following obligations for the accounts identified as PTAs:

• Maintain a record that sets the current name and address of each beneficiary of a deposit in the account and the amount or percentage of interest or right of each beneficiary.
  • If the deposit is held under a Special Income Arrangement², the type of arrangement and the name and address of the individual for whose benefit the arrangement is established.
• Provide an annual attestation in April of each year in respect of the PTA designation to Coast Capital Savings Federal Credit Union ("Coast Capital") and update contact information if applicable.
• Notify Coast Capital if the Trustee no longer qualifies as a Professional Trustee or no longer wants the account(s) designated as PTA with a request that the PTA designation be removed; and
• Provide beneficiary information for the PTA(s) to CDIC in a suitable electronic format when requested by CDIC to do so.
  
  

Required Information

• I understand that if the Professional Trustee fails to provide the required information for PTA to Coast Capital by April 30th of each year, the designation of the account(s) as PTA will be removed by Coast Capital as required by the CDIC Act.
• I understand that if the Professional Trustee fails to provide the beneficiary information for the mentioned accounts to CDIC when requested to do so by CDIC, there could be a reduction or loss of deposit insurance coverage for the mentioned account(s).
• I understand that the information provided in this form will be used by Coast Capital and shared with CDIC for the purposes indicated above. By submitting the Professional Trustee Account Attestation form, I consent to the use and sharing of the information in this form, including personal information, for this stated purpose.