Industry Description
Trust companies engaged in fiduciary business, but not regularly engaged in deposit banking. Some of these establishments occasionally hold limited amounts of special types of deposits, and their uninvested trust funds are usually classified as deposits. These non-deposit trust facilities may have either National or State charters. This industry does not include establishments operating under trust company charters which limit their fiduciary business to that incidental to real estate title or mortgage loan activities, which are classified in Industry 6361.
Business Examples
Common types of business activities within US SIC 6091 - Non-deposit Trust Facilities are:
- Non-deposit trust companies
IBISWorld Industry Research Report
Custody, Asset & Securities Services in the US (52399)
Revenue 2025
$45.7bn
Growth 2025
7.44%
Key Trends
A continued influx of assets under custody has led to higher fee income
Growing asset prices benefit the broader industry
Strong corporate performance coupled with broader economic growth will overshadow interest rate hikes
Products and Services
US-SIC Hierarchy 6091 - Non-deposit Trust Facilities
US-SIC Code 6091 - Non-deposit Trust Facilities sits in the 2-digit Non-deposit Trust Facilities sector. US SIC codes can be 2 to 8 digits and the further along the hierarchy, the more detailed and specific the category will be.
Division: H
Division Title: Finance, Insurance, and Real Estate
2 Digits 3 Digits 4 Digits
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601 Central Reserve Depository Institutions
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602 Commercial Banks
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603 Savings Institutions
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606 Credit Unions
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608 Foreign Banking and Branches and Agencies Of
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609 Functions Related To Depository Banking
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611 Federal and Federally-sponsored Credit Agencies
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614 Personal Credit Institutions
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615 Business Credit Institutions
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616 Mortgage Bankers and Brokers
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621 Security Brokers, Dealers, and Flotation
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622 Commodity Contracts Brokers and Dealers
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623 Security and Commodity Exchanges
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628 Services Allied With the Exchange of Securities
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631 Life Insurance
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632 Accident and Health Insurance and Medical
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633 Fire, Marine, and Casualty Insurance
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635 Surety Insurance
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636 Title Insurance
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637 Pension, Health, and Welfare Funds
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639 Insurance Carriers, Not Elsewhere Classified
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651 Real Estate Operators (except Developers) and Lessors
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653 Real Estate Agents and Managers
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654 Title Abstract Offices
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655 Land Subdividers and Developers
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671 Holding Offices
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672 Investment Offices
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673 Trusts
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679 Miscellaneous Investing
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Extended US-SIC Hierarchy for 6091 - Non-deposit Trust Facilities
For business marketing and targeting, US SIC Codes have been extended to provide more specific classifications within US-SIC 6091 - Non-deposit Trust Facilities. Extended US SIC Codes are being continuously updated to reflect the current business environment.
6 Digit SIC Codes
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609101 Fiduciaries
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609198 Nondeposit trust facilities
8 Digit SIC Codes
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60910000 Nondeposit trust facilities
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