Estate planning at Hanmi
How to protect 10 Hanmi accounts — manage beneficiaries in-branch, fund a trust in-branch, and file death claims
H
Customer Call Center
Phone(855) 773-8778
Mailing Address
3660 Wilshire Boulevard, PH-A, Los Angeles, CA 90010
Electronic Banking Support
WebsiteLearn more→
Customer Call Center
Phone(855) 773-8778
Mailing Address
3660 Wilshire Boulevard, PH-A, Los Angeles, CA 90010
Electronic Banking Support
WebsiteLearn more→
Death Claims / Estate Services
Phone(855) 773-8778
Mailing Address
3660 Wilshire Boulevard, PH-A, Los Angeles, CA 90010
Verified Apr 2026
Hanmi has 10 accounts, each with different rules for what happens when the account holder dies. Of those, 9 can name a trust as beneficiary or be retitled into a trust. The right combination of beneficiary designations and trust ownership can keep the entire portfolio out of probate.
Account holders can update their beneficiary designations at Hanmi in branch and by phone. Accounts can also be retitled into a trust to keep them out of probate entirely.
Hanmi provides specific procedures for both proactive estate planning and filing claims after a death.
Preparing your estate
Beneficiaries and trust funding
How to update beneficiaries in-branch, fund a trust in-branch, and review 10 account types at Hanmi.
View details →When someone dies
Death claim process
6-step process, 6 required documents, and contact information for survivors.
View details →Hanmi 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
Yes. Hanmi Bank was founded in 1982 as the first Korean-American bank and continues to serve multi-ethnic communities. Most branches offer bilingual support in English and Korean. The bank operates 32 full-service branches across California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington, and Georgia.
The Simple Money Market has a $5 monthly maintenance charge waived with a $500 average daily balance, while the Onyx Money Market has a $25 monthly maintenance charge waived with a $250,000 average daily balance. The Onyx Money Market is designed for high-balance customers and may offer premium rates. Both accounts compound and credit interest monthly.
Yes. Visit a Hanmi Bank branch with your trust agreement or Certification of Trust, government-issued photo ID for all trustees, and the trust tax identification number (EIN) if applicable. A bank representative will complete the retitling forms. Existing POD designations should be removed when retitling to a trust, as the trust document governs distribution.
Hanmi Bank offers three personal checking accounts: Regular Personal Checking (standard account with $500 minimum daily balance or $1,000 average daily balance to waive fees), Green Checking (no monthly fee, designed for digital-first banking with limited over-the-counter transactions), and Golden Checking (no monthly fee, available to customers age 62 or older).
Yes. Hanmi Bank offers IRA CDs with fixed interest rates and specific terms, as well as IRA Savings accounts. Both are available as Traditional or Roth IRAs and are FDIC insured up to $250,000 per depositor. IRA accounts require a beneficiary designation; a trust may be named as beneficiary.
Hanmi Bank partners with the MoneyPass ATM network, allowing customers to make free cash withdrawals at MoneyPass ATMs nationwide. Fees may apply at non-MoneyPass ATMs. Hanmi Bank also offers online and mobile banking with Zelle for person-to-person payments.
Sources
Data sourced from Hanmi primary sources (17 pages reviewed). How we research.
H
Customer Call Center
Phone(855) 773-8778
Mailing Address
3660 Wilshire Boulevard, PH-A, Los Angeles, CA 90010
Electronic Banking Support
WebsiteLearn more→
Customer Call Center
Phone(855) 773-8778
Mailing Address
3660 Wilshire Boulevard, PH-A, Los Angeles, CA 90010
Electronic Banking Support
WebsiteLearn more→
Death Claims / Estate Services
Phone(855) 773-8778
Mailing Address
3660 Wilshire Boulevard, PH-A, Los Angeles, CA 90010
Verified Apr 2026
Estate planning articles
Learn how to protect your Hanmi accounts and other assets with trusts, beneficiary designations, and estate planning documents.
