GoldStar Trust Company started out as Colonial Trust Company, which was incorporated on August 19th, 1989, in the state of Arizona for the purpose of engaging in the business of acting as a fiduciary. In early 2004, Colonial Trust Company entered into purchase negotiations with Happy State Bank of Amarillo, Texas. As negotiations were finalized for the sale of Colonial Trust Company to Happy State Bank, Colonial's Wealth Management division was sold in August, 2004, while the final purchase of Colonial Trust by Happy State Bank occurred in August, 2004.
Upon the purchase, Colonial Trust Company became GoldStar Trust Company, a wholly owned subsidiary of Happy State Banc Shares. It is regulated by the Texas Department of Banking and the FDIC.
GoldStar Trust Company serves as trustee and paying agent for bonds that fund the construction of building for churches and non-profit organizations. As trustee, GoldStar receives, holds, and disburses the bond proceeds for the issuers of bonds in 38 states.
This combination of resources through the purchase and creation of GoldStar Trust Company is reflected by the tremendous amount of financial services offered from one source. The synergism created by creation of GoldStar Trust Company provides years of experience and financial power to you, our clients.
Whether you are an individual investor, bondholder, IRA account holder, Broker Dealer, or a church in need of financial assistance for construction or renovation, GoldStar Trust Company has the power and expertise to assist you!