How to name beneficiaries and fund a trust at Banner Bank
Covers 10 deposit, 4 retirement, and 2 lending accounts — beneficiaries must be updated in-branch
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
The key to protecting your Banner Bank accounts is making sure each one has a transfer mechanism in place—either a beneficiary designation or trust ownership. Without one, the account goes through probate, adding time, cost, and court involvement for your family.
Banner Bank has 16 product types, and the estate transfer rules differ across them. Some support Payable on Death (POD) designations, some can be retitled into a trust, and others will require probate if nothing is set up. Each is covered below.
- Full legal name and identifying information for each beneficiary
- For deposit accounts: Banner's Consumer Deposit Account Agreement gives surviving beneficiaries EQUAL shares "unless otherwise indicated," so state any unequal split explicitly and confirm the banker has recorded it
- For IRAs (Traditional, Roth, SEP, SIMPLE): complete the IRA's own beneficiary designation with primary and contingent beneficiaries — a deposit-account POD designation does not reach an IRA
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- Beneficiary changes must be in writing "in a form acceptable to us" (Consumer Deposit Account Agreement, Rev. 05/2025) — Banner does not accept a beneficiary change by phone alone
- Deposit POD default is equal shares among surviving beneficiaries "unless otherwise indicated"
- A trust named as beneficiary may require a Certification of Trust
- IRA beneficiary changes by a married account holder in the community property states Banner serves (WA, ID, CA) may require written spousal consent — confirm with your branch
- Banner does not publish downloadable beneficiary forms on its public site; forms come from a branch or the Client contact center
Sources
Data sourced from Banner Bank primary sources (15 pages reviewed). How we research.
Download these Banner Bank instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Banner Bank primary sources. Bring it to the branch or keep it beside the phone.
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
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