Estate planning at First United Bank
How to protect 9 First United Bank accounts — manage beneficiaries in-branch, fund a trust in-branch, and file claims through First United Bank's First United Bank Trust
Customer Service
First United Bank, P.O. Box 130, Durant, OK 74702
First United Bank Trust
First United Bank, P.O. Box 130, Durant, OK 74702
Customer Service
First United Bank, P.O. Box 130, Durant, OK 74702
First United Bank offers 9 consumer accounts that interact with estate planning in distinct ways. Of those, 8 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.
Beneficiary changes at First United Bank can be made in branch. Accounts can also be retitled into a trust to keep them out of probate entirely.
First United Bank has documented procedures for both preparing accounts during your lifetime and handling claims when an account holder passes away.
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 United Bank.
View details →When someone dies
Death claim process
Contact First United Bank's First United Bank Trust to file a claim. 5-step process, 5 required documents, and contact information for survivors.
View details →For questions about any of these procedures, contact First United Bank's First United Bank Trust at (800) 924-4427.
First United 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
Possibly. Both Oklahoma and Texas provide small-estate procedures that can allow a bank account to be collected without full probate when the estate falls under the state threshold. Oklahoma uses a small estate affidavit set by statute; Texas uses a Small Estate Affidavit filed with the probate court. Because First United operates only in Oklahoma and Texas, the applicable threshold depends on the decedent's home state. Confirm the required documents with the bank at (580) 924-2211 before visiting.
No. Retitling a First United Bank deposit account (checking, savings, money market, or CD) to a revocable living trust is done at a branch. Bring your trust agreement or Certification of Trust, the trust tax identification number, and government-issued photo ID. Revoke any existing POD designation first, because a trust account is governed by the trust terms rather than a POD beneficiary. IRAs cannot be retitled to a trust -- name the trust as beneficiary instead.
Yes. The First United Bank Trust department provides trust administration and estate settlement services and can serve as a corporate trustee or work alongside your legal adviser to administer an estate. Investment and advisory services are offered through First United Investment Services and LPL Financial, which are separate from the bank and are not FDIC insured. For trust services, call (580) 924-2211.
Sources
Data sourced from First United Bank primary sources (10 pages reviewed). How we research.
Customer Service
First United Bank, P.O. Box 130, Durant, OK 74702
First United Bank Trust
First United Bank, P.O. Box 130, Durant, OK 74702
Customer Service
First United Bank, P.O. Box 130, Durant, OK 74702
Estate planning articles
Learn how to protect your First United Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
