Estate planning at Banner Bank
How to protect 16 Banner Bank accounts — manage beneficiaries in-branch, fund a trust in-branch, and file claims through Banner Bank's Banner Wealth and Investment Services (advice through LPL Financial; Banner Bank has no trust department)
Banner Bank Client Contact Center
Banner Corporation, 10 South First Avenue, P.O. Box 907, Walla Walla, WA 99362
Banner Wealth and Investment Services (advice through LPL Financial; Banner Bank has no trust department)
Branch team / Client Contact Center (Banner publishes no separate estate or claims department)
Banner Corporation, 10 South First Avenue, P.O. Box 907, Walla Walla, WA 99362
How your Banner Bank accounts transfer at death depends on how each one is titled and whether a beneficiary is on file. Of those, 13 can name a trust as beneficiary or be retitled into a trust. Getting these details right keeps assets out of probate and ensures they reach the intended recipients.
Managing beneficiaries at Banner Bank is straightforward—changes can be made in branch, by mail, and by phone, typically taking 15-30 minutes in a branch; longer if you request forms by phone and return them by mail. Trust funding is also available, allowing families to retitle accounts into the name of a revocable living trust.
There are two sides to estate planning at Banner Bank: setting things up while you're alive, and the process survivors follow after a death.
Preparing your estate
Beneficiaries and trust funding
How to update beneficiaries in-branch, fund a trust in-branch, and review 16 account types at Banner Bank.
View details →When someone dies
Death claim process
Contact Banner Bank's Banner Wealth and Investment Services (advice through LPL Financial; Banner Bank has no trust department) to file a claim. 7-step process, 9 required documents, and contact information for survivors.
View details →Banner Bank's Banner Wealth and Investment Services (advice through LPL Financial; Banner Bank has no trust department) can answer questions about beneficiaries, trusts, or death claims at 1-800-272-9933.
Banner Bank operates in select states, so estate planning procedures may vary by location. Confirm availability in your state before initiating trust funding or account changes.
Frequently asked questions
No. Banner Bank has no trust department and does not serve as a corporate trustee. Banner Wealth and Investment Services offers estate planning consultation through registered representatives of LPL Financial, and Banner Bank's own disclosure states that "Banner Bank and Banner Wealth and Investment Services are not registered as a broker-dealer or investment advisor," and that neither Banner Wealth nor LPL provides legal advice or services. Banner will hold trust-titled deposit accounts — checking, savings, money market and CDs — and will retitle an existing account into your revocable trust at a branch, but you must name a successor trustee in your trust instrument and use Banner only as the account custodian.
Sources
Data sourced from Banner Bank primary sources (15 pages reviewed). How we research.
Banner Bank Client Contact Center
Banner Corporation, 10 South First Avenue, P.O. Box 907, Walla Walla, WA 99362
Banner Wealth and Investment Services (advice through LPL Financial; Banner Bank has no trust department)
Branch team / Client Contact Center (Banner publishes no separate estate or claims department)
Banner Corporation, 10 South First Avenue, P.O. Box 907, Walla Walla, WA 99362
Estate planning articles
Learn how to protect your Banner Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
