At the COLOTRUST Board of Trustees’ direction, we constantly evaluate different ways to provide the highest possible level of security to COLOTRUST Participants. As part of this ongoing initiative, COLOTRUST is proud to feature a daily Account Update Notification security enhancement.
The Account Update Notification provides all authorized COLOTRUST users with an email notification when the following important changes are made to their COLOTRUST accounts:
- Contact changes (additions, edits, or deletions)
- Bank account changes (additions, edits, or deletions)
The Account Update Notification is automatically generated as part of our end-of-the-day processing and is delivered to all authorized signers on the account. This feature provides an additional layer of account security by making it easier for COLOTRUST Participants to monitor important account information.
In the off chance you happen to encounter any issues with Account Update Notifications, please feel free to contact COLOTRUST Client Services with any questions.