Trust and Investment Management Services

Full Service Trust Division

Planning and investing for you and your family. Designing and administering the best retirement plan for you, your business, and your employees.

Professional Investment Services

Whether a business, individual, or a not-for-profit organization; The Juniata Valley Bank has the investment services to fit your needs. Custom-tailored services drawn from a wide range of account types and sizes is our specialty. Enjoy the personal service of a full-time administrative officer and portfolio manager to guarantee your satisfaction.

The Juniata Valley Bank can and will manage your investment strategy in a way that meets your short-term, mid-range, and long-term needs.

We are not licensed agents or brokers. We accept no commissions, trailers, or revenue sharing from fund managers or brokers. Your investments are for you or your employees, alone. We simply use our combined 150 years of experience to provide the best service and the most appropriate investment management, "the best bang for the buck."

Are you a current customer? Access your account through our internet website: https://www.tpars.com/prod/login.asp?fi=0720a.

Contact your administrative officer to obtain a logon and password.

Retirement Plan Services

The most important JVB Trust Service focuses on the thing that all of us anticipate: retirement. Our Trust Division provides full service, managed or custodial retirement planning services to individuals and businesses.

For businesses, we offer full service consulting to ensure that you and your employees have the most suitable retirement plan. Whether your number of employees is five, fifty-five, or five hundred; we will help you design, communicate, implement, and invest in your retirement plan. JVB has access to cutting-edge, internet technology and provides daily valuation with 24/7 participant access. Our mutual fund research ensures that your employees will have the best- managed, best-performing set of 401(k) investment options. We manage your employees' mutual fund selections in the same way we care for a managed portfolio. You are all our customers.

Do you want to try our participant recordkeeping site? Click on: https://www.meridian-admin.com/reliusweb/default.aspx and enter our sample logon ID (77777777) and our sample password (7777).

IRA's and Tax-Deferred Investment Management

Speaking of managed portfolios, we handle IRA Rollovers for individuals both after retirement and awaiting retirement. We offer the highest quality of investments in terms of mutual funds, individual stocks, individual bonds, and highest-yielding insured Certificates of Deposit available.

Personal Trust Service

Taxable and Tax-Free Investment Management

When it comes to investing, the primary goal is to maintain a high level of investment quality and market diversification. Utilizing available investment research and our extensive experience, we strive to minimize the risk or volatility of the portfolio while we endeavor to maximize the return. As the customer, you set the risk parameters while JVB builds the program which best satisfies those goals. Your account strategy will alleviate your concerns about risk and, at the same time, help meet your goals.

Everyone is different; however, no one ever wants to pay the IRS more than is absolutely necessary. We help you achieve that by investing in high-yielding, insured, tax-free, fixed income items when appropriate. Again, our experience coupled with JVB's extensive broker network allows us to exceed market returns by selecting only the highest-yielding investments.

Finally, in order to avoid the trap of mutual funds' end-of-year taxable distributions, in many taxable personal accounts we use individual equities and individual bonds. Generally, there are no tax consequences other than reporting interest and dividends actually received and capital gains or losses actually incurred. Feel free to ask your accountant about this type of investment structure.

In all cases, our Trust Division provides you with investment services tailored to your needs, eases the burden of managing your affairs during times of illness, and administers your estate after your death to provide safety and security for your beneficiaries.

Personal Trust Services

Financial Management or Personal Care Needs

A trust is a legal relationship in which you place certain assets under the management of the bank as trustee for your benefit or the benefit of others. At the time the trust is created, terms of the trust are set forth and you decide how the trust is to be managed, who will be the beneficiary and what happens to the trust assets in the future.

A few examples of certain responsibilities associated with trust or custody include:

• Establishing an asset management plan to achieve your objectives within your tolerance for risk
• Safekeeping of assets
• Collecting all income and distributing or reinvesting in accordance with your instructions
• Providing periodic account statements and a consolidated year end tax report
• Reviewing and monitoring your investments to determine their suitability within the framework of your investment strategy

A few examples of types of trusts available to JVB customers are:

• Living Trust - Also called an inter-vivos trust, is established during your lifetime. It may continue to operate after your death to protect the assets and provide income for your beneficiary (ies). You may retain the right to alter or amend the terms of the trust during your lifetime.
• Testamentary Trust - A trust established by the terms of your will. Funded after your death from the proceeds of your estate, life insurance, or retirement plans.
• Life Insurance Trust - The trust is beneficiary and/or the owner of the policy. May be structured to provide income to the beneficiary (ies) after your death and provide tax savings if properly established.
• Charitable Trust - There are many variations of a trust which benefit charities now or after your death. Depending on the type of trust you establish, you may receive either an income tax or death tax savings, or both. This trust can also be designed to provide you with current income and benefit the charities at some point in the future.

As Trustee of the individual or their assets, JVB can serve in the following capacities:

• Power of Attorney
• Full Trustee
• Directed Trustee
• Investment Manager
• Testamentary Trustee
• Guardian of the Estate
• Custodian.

When the bank is named as your agent under a power of attorney, it is appointed to act while you are living with the same authority as you would in handling your financial affairs. Depending upon the situation, this may include:

• Safeguarding assets
• Collection of income
• Filing tax returns
• Arrangements for medical or nursing care
• Payment of debts

Estate Services

Serving as Personal Representative

As Personal Representative for the deceased individual or their assets, JVB can serve as Executor, Administrator, Administrator C.T.A, or Administrator D.B.N., or Agent for the Executor or Administrator.

The executor of your estate is charged with the responsibility of fulfilling the instructions set forth in your Last Will & Testament. The duties of an executor vary with the size and complexity of your estate. Generally included are:

• Identifying and safeguarding your assets
• Collecting income from your investments
• Filing claims for benefits on insurance proceeds
• Liquidating or distributing assets in accordance with your estate plan
• Keeping record of all transactions to be used in filing death tax forms and accounting to the court

The Juniata Valley Bank Trust Division also offers our expertise as agent for individual executor(s). This provides for record keeping, custody and accounting services. The individual executor(s) retain all decision-making authority and responsibility, but we make it much easier by keeping track of the accounting and lending our experience to the resolution process.

For more information telephone us:

Bill Barnett
SVP & Division Manager
717-436-3210

Jim Dillman
Vice President & Trust Officer
717-436-3228

Cindy Williams
Vice President & Trust Operations Manager
717-436-3215