Trust accounts can help you protect your investments. Opening trust account with Bellco can safeguard your assets for your future. Follow our simple 3-step guide on how to open trust account.

How to Open Trust Accounts

Home Wealth Management How to Open Trust Accounts

A great way to ensure financial security for the future.

Bellco is available to open deposit accounts for trusts. Bellco membership is required, and the Grantor(s) and Trustee(s) must qualify for membership for this to occur.

Three steps to setting up a Trust account 

1. Establish a formal Trust.

If you haven’t already done so, speak with an attorney to go over your options. They’ll guide you through the different types of Trusts and help you find the one that best suits your needs. Please note: Bellco cannot serve as a Trustee.

2. Gather necessary documents.

Bellco recommends that the full Trust Agreement is brought when opening a Trust account. At a minimum, Bellco must obtain the Trustee Powers, Title page, Signature page, and the Certification of Trust. In addition, all Trustees are required to sign a signature card to open the Trust account. When ready, you can apply in person at any Bellco branch.

3. Apply for an account.

After you select either our Platinum Checking, Free Checking, Premier Money Market, or CD, make sure to indicate the account is being used for a Trust. Then you’ll need to provide the full Trust agreement, Grantor and Trustee information, and an Affidavit (or Certification) of Trust.

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Have questions or want more information about Trust accounts?

For more info about Trust accounts, visit a Bellco branch.