Estate planning at Banc of California

Yes. Banc of California supports both revocable and irrevocable trust accounts for checking, savings, money market, and CD accounts. Visit a branch with your Certification of Trust (or full trust agreement), government-issued ID for all trustees, and the trust tax identification number. Existing personal accounts can typically be retitled to trust accounts in-branch.

Yes. A trust can be named as a POD beneficiary on deposit accounts. You will need to provide the full legal trust name, trust date, and trustee information. Visit a branch or call Client Services at 877-770-2262 for assistance with naming a trust as beneficiary.

You will need a Certification of Trust (also called a Trust Abstract or Affidavit of Trust), government-issued photo ID for all trustees, and the trust tax identification number (EIN or SSN). If you do not have a Certification of Trust, bring the pages of the trust agreement that identify the trust name, grantors, trustees, and signature/notary pages.

Yes. Banc of California is FDIC insured. POD beneficiaries provide additional FDIC insurance coverage of up to $250,000 per beneficiary per depositor. Trust accounts are also FDIC insured up to the maximum allowed by law, based on the number of qualifying beneficiaries.

The Banc-On Account is a digital-first personal checking account with no monthly fees and mobile-friendly features. It is designed for accessible banking and includes a debit card, mobile check deposit, and access to the Allpoint ATM network. Like other deposit accounts, it supports POD beneficiary designations and can be retitled to a trust.

The Kids Banc Account is a savings account for minors age 17 and under. It requires no minimum opening deposit and has no transaction limits or monthly service fees. The account is available at Southern California branch locations and must be opened by a parent or guardian. Like other deposit accounts, it supports POD beneficiary designations.