Employee Stock Ownership Plans
To find out more contact:
Bob Roten, CPA, CTFA
Senior Vice President
Retirement Group and Regional Trust Manager
Wealth Management Group
American National Bank of Texas
Telephone: 214-863-6798
Mobile: 469-236-4955
An Employee Stock Ownership Plan (ESOP) is a qualified, defined contribution employee benefit plan that is required to invest primarily in the equity securities of the sponsoring employer. An ESOP can be a very effective method of transferring company ownership while providing a retirement benefit to employees and liquidity to the current company owners.
- What is an ESOP and how does it work?
- What are the financial and tax benefits of an ESOP?
- What are the disadvantages of an ESOP?
- How does an ESOP benefit current shareholders?
- Is an ESOP right for your Company?
The Trust Division at American National Bank of Texas has been serving as Trustee of numerous ESOPs since 1991. Our experience includes ESOP design, development, implementation and termination, as well as ongoing Trusteeship of ESOPs in many industries. With our knowledge, experience and professional contacts we can assist you with answers to your questions about this very unique benefit plan.
Contact the Trust Department of American National Bank of Texas to determine if an ESOP is right for your company and will accomplish the desired objectives of ownership transition and employee benefit provision.
