Peggy Rancilio

Senior Vice President, Senior Trust Officer

Professional Profile

Peggy Rancilio is a Senior Vice President and Senior Trust Officer with Bank of America Private Bank in Bloomfield Hills, Michigan.  Her focus is on the administration of clients’ trusts and carrying out provisions contained in trust documents.  Peggy is the main point of contact for clients and their beneficiaries when it comes to matters of trust administration and will engage other Bank of America Private Bank specialists to assist, as appropriate. At Bank of America Private Bank, we recognize each trust and each beneficiary is unique, and we provide highly personalized service to help carry out your estate plans.

Prior to joining Bank of America Private Bank (formerly U.S. Trust) in 2015, Peggy was an attorney in private practice with the law firm Miller, Canfield, Paddock and Stone, PLLC and also worked as a Trust Officer for JP Morgan Private Bank.

Peggy Rancilio is admitted to practice law in Michigan and she graduated from the University Of Detroit Mercy School Of Law.  She also holds Bachelor of Arts in Economics. 

She serves on the board of the Macomb County Financial and Estate Planning Council and is a member of the Fund Development Committee for Turning Point, a domestic violence non-profit organization primarily serving Macomb County, Michigan.
Peggy does not provide legal advice in her role at Bank of America Private Bank.

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For more than 200 years, Bank of America Private Bank has helped clients navigate the complex challenges of managing significant wealth. We draw on the Private Bank’s personalized approach, as well as the resources of Bank of America, to help individuals and families, businesses, and institutions achieve their financial objectives. Whether you’re looking to preserve and share wealth, build philanthropic legacies or plan for future growth, our commitment is to make your goals our priority.

At Bank of America Private Bank, we take pride in our history and in serving our clients’ best interests. We also value the continual pursuit of innovation in a constantly transforming world. We apply this perspective to help our clients anticipate and respond to evolving markets, changing environments and the growing complexities of the financial landscape. Mindful of the past, our focus is on providing today’s clients with disciplined financial strategies and a bridge across generations.