PenChecks Trust Company of America (PTCA) is a wholly owned subsidiary of PenChecks, Inc, an expert and industry leader in qualified retirement plan distributions. We specialize in providing unique outsourcing services related to the processing of benefit payments and the administration and management of default / missing participant IRAs for institutions, traditional IRAs and Taxable Savings Accounts.

PTCA provides trustee, custodial and limited investment advisory services for

• PenChecks, Inc. Employee Benefit Distribution Trust
• PenChecks, Inc. IRA programs
• PenChecks, Inc. Taxable Savings Accounts.

PTCA also offers specialized private label traditional IRA programs for other financial institutions and organizations such as investment advisory firms and third party administrators.

Contact us today to explore how we can partner with you.

PenChecks Trust Company of America is a South Dakota corporation, a privately held state chartered non-depository trust company, licensed and regulated by the South Dakota Division of Banking, with offices in Sioux Falls, South Dakota.