Estate planning at First Commonwealth
How to protect 9 First Commonwealth accounts — manage beneficiaries in-branch, fund a trust in-branch, and file claims through First Commonwealth's First Commonwealth Wealth Management — Trust & Estate
Customer Service
First Commonwealth Bank, 601 Philadelphia St., Indiana, PA 15701
First Commonwealth Wealth Management — Trust & Estate
First Commonwealth Bank, 601 Philadelphia St., Indiana, PA 15701
Engagement Banking Center (Customer Service)
First Commonwealth Bank, 601 Philadelphia St., Indiana, PA 15701
First Commonwealth offers 9 consumer accounts that interact with estate planning in distinct ways. Of those, 6 can name a trust as beneficiary or be retitled into a trust. Understanding the transfer methods available for each account type helps families keep assets out of probate and ensure they pass to the right people.
Managing beneficiaries at First Commonwealth is straightforward—changes can be made in branch and by phone, typically taking about 20-30 minutes in branch. 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 First Commonwealth: 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 9 account types at First Commonwealth.
View details →When someone dies
Death claim process
Contact First Commonwealth's First Commonwealth Wealth Management — Trust & Estate to file a claim. 8-step process, 6 required documents, and contact information for survivors.
View details →First Commonwealth's First Commonwealth Wealth Management — Trust & Estate can answer questions about beneficiaries, trusts, or death claims at 1-800-711-2265.
First Commonwealth is not available nationwide. Estate planning procedures may vary by state, so confirm that your location is served before making account changes.
Frequently asked questions
Yes. Bring your trust agreement or a certification of trust and government-issued ID to a Pennsylvania or Ohio branch to retitle eligible deposit accounts — Confidence Checking, savings, money market, and CDs — into the name of your trust. Traditional, Roth, and SEP IRAs cannot be retitled to a trust; a trust may instead be named as beneficiary through the IRA agreement. First Commonwealth Wealth Management can administer the trust for more complex arrangements.
Sources
Data sourced from First Commonwealth primary sources (16 pages reviewed). How we research.
Customer Service
First Commonwealth Bank, 601 Philadelphia St., Indiana, PA 15701
First Commonwealth Wealth Management — Trust & Estate
First Commonwealth Bank, 601 Philadelphia St., Indiana, PA 15701
Engagement Banking Center (Customer Service)
First Commonwealth Bank, 601 Philadelphia St., Indiana, PA 15701
Estate planning articles
Learn how to protect your First Commonwealth accounts and other assets with trusts, beneficiary designations, and estate planning documents.
