Members of the American Bar Association

OPENING A TRUST BANK ACCOUNT

To open your trust account at a local bank you will need to have the following to take with you (Do NOT take additional documents it will only confuse them!)

1. Abstract of Trust  
2. EIN Confirmation Letter
3. Banking Resolution (Please note that everyone that has signed the banking resolution as an authorized representative on the account will need to be present when opening the account. If this is not possible we suggest that you print a new blank banking resolution and  put N/A instead of signing for any party that will not be present present in opening the account.)

Please also note that not all banks will open a business trust account, you may need to try more than one bank to find success. If you have issues at one bank simply try another. We have had great success in working with FIDELITY. We suggest FIDELITY, because you can setup a Brokerage Account, Money Management Cash Account, Irrevocable Trust and Revocable Trust accounts. This will be the best place to go!

Visit the site to create your first account here:
https://www.fidelity.com/open-account/overview