How to name beneficiaries and fund a trust at CrossFirst Bank
Covers 8 deposit, 2 retirement, and 3 lending accounts — beneficiaries must be updated in-branch
Brand change
CrossFirst Bankshares, Inc. was acquired by First Busey Corporation effective March 1, 2025. CrossFirst Bank operated as a separate banking subsidiary until June 20, 2025, when it was merged with and into Busey Bank. Former CrossFirst banking centers now operate under the Busey Bank brand. Estate and death-claim procedures are handled by Busey Bank. Effective June 2025.
CrossFirst Bank is now part of Busey. The procedures below reflect CrossFirst Bank's accounts during the transition. View the Busey estate planning page.
CrossFirst Bank
Subsidiary of CrossFirst Bankshares, Inc. (acquired by First Busey Corporation)
busey.com→
Busey Customer Care
Busey Bank, 100 W University Ave, Champaign, IL 61820
Busey Wealth Management - Trust Services & Estate Advisory (contact via web form; no direct phone line published)
Busey Customer Care (no separate consumer estate/claims phone line; death claims run through Customer Care or in-branch)
Busey Bank, 100 W University Ave, Champaign, IL 61820
The key to protecting your CrossFirst 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.
CrossFirst Bank has 13 accounts with different estate transfer rules. Here is how beneficiary designations, trust ownership, and probate apply to each one.
- Request to add or update POD (Payable on Death) beneficiary designations on your deposit accounts
- Provide beneficiary name, date of birth, Social Security number, and relationship to the account holder
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- All account owners must agree to beneficiary designation changes
- For a trust as beneficiary, provide the full legal trust name, date of trust, and trustee information
- IRA beneficiary changes require separate IRA-specific forms
Sources
Data sourced from CrossFirst Bank primary sources (13 pages reviewed). How we research.
Download these CrossFirst Bank instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against CrossFirst Bank primary sources. Bring it to the branch or keep it beside the phone.
CrossFirst Bank
Subsidiary of CrossFirst Bankshares, Inc. (acquired by First Busey Corporation)
busey.com→Busey Customer Care
Busey Bank, 100 W University Ave, Champaign, IL 61820
Busey Wealth Management - Trust Services & Estate Advisory (contact via web form; no direct phone line published)
Busey Customer Care (no separate consumer estate/claims phone line; death claims run through Customer Care or in-branch)
Busey Bank, 100 W University Ave, Champaign, IL 61820
Estate planning articles
Learn how to protect your CrossFirst Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
Is this your situation?
Get a complete guide for your specific circumstances.
New Baby or Adoption
Your family is growing. Your protection should too. Guardian nominations, trusts for minors, beneficiary updates, and the documents new parents need in place.
Learn more
Marriage
What married couples need in place: one joint trust or two, wills, beneficiary updates, and the spousal rights your state grants you automatically.
Learn more
New Home
How to put your house in a revocable trust: the deed you record, what it does to your mortgage and property taxes, and when a TOD deed is simpler.
Learn more
Retirement
Retirement changes your financial picture. Healthcare directives, beneficiary reviews, long-term care planning, and protecting what you've built.
Learn moreMore estate planning resources
Explore related tools and documents to complete your estate plan.
How Much Does Probate Cost?
Estimate attorney fees, executor fees, court costs, and timeline for probating an estate in your state. See if the estate qualifies for simplified probate procedures.
Who Inherits Without a Will?
Find out who inherits your estate and how much they get if you die without a will. Based on your state's intestate succession laws.
How Much Are Estate & Inheritance Taxes?
Calculate federal estate tax, state estate tax (12 states + DC), and inheritance tax (5 states) for an estate or trust.
What Does Estate Planning Actually Cost?
See the true cost of estate planning. Compare SimplyTrust, Trust & Will, LegalZoom, and attorneys including life events like marriage, divorce, and having children.
How Much Does a Revocable Living Trust Cost?
Compare the cost of creating a revocable living trust. See how SimplyTrust, Trust & Will, LegalZoom, and attorneys compare over 5 years including life events.
How Much Does a Will Cost?
Compare the cost of creating a will. See document costs plus probate fees your heirs will pay. Compare SimplyTrust, Trust & Will, LegalZoom, and attorneys.
