What to do when a Centreville Bank account holder dies
Report the death to Centreville Bank's Customer Contact Center at 1-800-377-4424
After an account holder at Centreville Bank dies, accounts with beneficiary designations or trust ownership transfer to the designated recipients without probate. Solely-owned accounts require the estate's representative to contact Centreville Bank's Customer Contact Center at 1-401-821-9100 with the proper legal authority documents.
The first step is contacting Centreville Bank at 1-401-821-9100 with the account holder's full name, account numbers, and the death certificate in hand.
Death claim process
Follow these steps to file a death claim with Centreville Bank:
Filing a claim
What happens to each kind of account5
- Account in one name
Money in an account held in one name with no pay on death beneficiary becomes part of the owner's estate at death.1
- Payable-on-death account
A one-owner account with a pay on death designation goes to the named beneficiaries at the owner's death and stays out of the estate.1
Several named beneficiaries split the account evenly unless the account says otherwise. Contingent beneficiaries take only if the primary beneficiary died first, and then in equal shares with no survivorship among them.1
- Joint account with survivorship
When one owner of a joint account with survivorship dies, the surviving owners take the account. When the last owner dies, it goes to that owner's estate, or to the pay on death beneficiaries if the account names any.1
- Joint account without survivorship
On a joint account without survivorship, the share of the owner who died passes through that owner's estate. The owners hold the account in proportion to what each put in unless there is clear and convincing evidence they meant otherwise.1
- Trust account
On an In Trust For account, the money can be paid to the beneficiary or the beneficiary's legal representative after the last trustee dies, but the bank holds it until every required legal document has been delivered.1
What Centreville Bank's agreement and guidance say6
- Payments after the death
The bank can keep paying and collecting items until it knows of the death and has had time to act. Even after it knows, it may pay checks dated on or before the death for 10 days unless someone with an interest in the account tells it to stop.1
- Powers of attorney
An agent named on the account has no ownership at death unless also named a pay on death beneficiary. The agent's authority ends when the sole or last owner dies, though the bank may rely on it until it has proper notice and time to act.1
- Disputes between claimants
Any person named on a joint account can ask in writing for the account to be frozen, and the bank may keep it frozen until all named parties sign written instructions on what to do with the money.1
The bank may charge the account for its costs, including reasonable legal fees, when it is drawn into a dispute with a third party who claims the money.1
- Debts owed to the institution
If an owner owes the bank a debt that has come due, it may take the money from that owner's accounts, and on a joint account it may do so for the debt of any one owner.1
- Dormant and unclaimed accounts
A dormant account may be charged the fee in the account disclosures and may stop earning interest, and its balance can be turned over to the state.1
- Which state governs the account
The account agreement is governed by the law of the state where the account was opened, except where federal law controls.1
Not in Centreville Bank's published guidance8
- A department for deceased-customer accounts
- A claim form
- A list of required documents
- Whether the death certificate must be certified
- Which court appointment document it accepts
- An online way to report a death
- How long a claim takes
- A small-estate procedure
Sources1
- 1.Deposit Account Agreement, ITEM 640RIL (156/2023)
Centreville Bank's Customer Contact Center can be reached by phone at 1-800-377-4424 for questions throughout the claims process.
Sources
(3)·
Data sourced from Centreville Bank primary sources (31 pages reviewed). How we research.
Centreville Bank death claims support
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Forms for Settling an Estate
Free forms for settling an estate: probate petition, small estate affidavit, creditor notice and closing forms. Prepare each form for your state.
Affidavit of Death
Put a joint owner's or a transfer on death deed owner's death on the land records with the affidavit your state's statute names, laid out for recording.
IRS Form 56
Notify the IRS that you are the fiduciary of an estate, a trust or a person, or end a notice filed before, on the official form.
Digital Assets Recovery Letter
Prepare a letter requesting a deceased person's online accounts, points, and balances from the program that holds them.
Petition for Probate and Letters
Open probate and ask the court to appoint you and issue Letters Testamentary or Letters of Administration.
Notice to Creditors
Notify estate creditors and start the claim period — the published notice plus mailed copies for known creditors.
Renunciation of Executor
Decline an appointment as executor named in a will — the writing filed with the court before anyone is appointed.
Tools for Settling an Estate
Free tools for settling an estate: whether probate is needed, executor and trustee pay, creditor deadlines and taxes. Run each tool for your state.
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