How to name beneficiaries and fund a trust at Platte Valley Bank
Covers 8 deposit, 1 hsa, 3 retirement, and 3 lending accounts — beneficiaries must be updated in-branch
Platte Valley Bank
Subsidiary of Platte Valley Financial Services Companies, Inc. (Platte Valley Companies)
pvbank.com→
Platte Valley Bank, 1212 Circle Drive, Scottsbluff, NE 69363
Platte Valley Bank Trust Services
Platte Valley Bank Trust Services, 1212 Circle Drive, Scottsbluff, NE 69363
Estate Settlement -- local office / Trust Services
Platte Valley Bank, 1212 Circle Drive, Scottsbluff, NE 69363
The key to protecting your Platte Valley 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.
With 15 product types, Platte Valley Bank offers a range of transfer options. Some accounts support Payable on Death (POD) designations, others can be retitled into a trust, and some require probate if no beneficiary is designated. The sections below break down each step.
- For deposit accounts (CORE / HONOR / LEGACY / NEXT checking, SIMPLE / NEXT savings, SMART money market, CDs): request a POD (Payable on Death) designation, with each beneficiary's full legal name, date of birth, Social Security number, and relationship
- For IRAs and the HSA: complete the separate beneficiary designation form -- these are custodial accounts and are NOT covered by a POD designation on your deposit accounts
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- Platte Valley Bank has no online beneficiary self-service -- POD and IRA/HSA beneficiary changes are made on paper with a Personal Banker, not in digital banking
- Naming a trust as beneficiary generally requires a copy of the Certification of Trust
- IRA beneficiary changes for married account holders may require spousal consent
- A POD designation on your checking or savings account does NOT carry over to your IRA or HSA -- each custodial account needs its own beneficiary form
Sources
Data sourced from Platte Valley Bank primary sources (19 pages reviewed). How we research.
Download these Platte Valley Bank instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Platte Valley Bank primary sources. Bring it to the branch or keep it beside the phone.
Platte Valley Bank
Subsidiary of Platte Valley Financial Services Companies, Inc. (Platte Valley Companies)
pvbank.com→Platte Valley Bank, 1212 Circle Drive, Scottsbluff, NE 69363
Platte Valley Bank Trust Services
Platte Valley Bank Trust Services, 1212 Circle Drive, Scottsbluff, NE 69363
Estate Settlement -- local office / Trust Services
Platte Valley Bank, 1212 Circle Drive, Scottsbluff, NE 69363
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