Estate planning at Western Alliance

Yes. Deposit accounts at Western Alliance Bank are protected by FDIC insurance up to $250,000 per depositor, per account ownership category. Joint accounts are insured up to $500,000 ($250,000 per co-owner). Products offered by Western Alliance Trust Company, N.A. are not FDIC insured.

Western Alliance Bank, with approximately $99 billion in assets ($98.9 billion at March 31, 2026), has full-service branches in Arizona, California, and Nevada, with limited-service and commercial offices in additional states. In 2025 the bank unified six division brands (Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Torrey Pines Bank, First Independent Bank, and Bridge Bank) under the single Western Alliance Bank brand. The High-Yield Savings Premier account is available nationwide online.

IRA beneficiary changes require a separate IRA beneficiary designation form, which is different from the POD form used for deposit accounts. Contact Western Alliance Bank at 1-888-271-0610 or visit a branch to request the IRA beneficiary form and make changes.

Trust accounts must be opened in a Western Alliance Bank branch. Bring the complete trust document or a Certificate of Trust along with government-issued photo ID for all trustees. Provide the trust tax identification number (EIN or the grantor's SSN for revocable trusts). A banker will help you complete the trust account application and signature card. Existing individual accounts can be retitled into the trust.

The High-Yield Savings Premier account is an online-only high-yield savings account available nationwide. It requires a $500 minimum opening deposit and has no monthly fees. Interest accrues daily and compounds monthly. You must link an external bank account for deposits and withdrawals -- no debit card or checks are provided. Available as individual or joint accounts. Contact the dedicated support line at (866) 347-1476, Monday-Friday 6:00am-6:00pm PT.

Personal Checking and Personal Interest Checking both require a $100 minimum opening deposit, with monthly fees of $5 and $10 respectively that can be waived by meeting balance or other requirements. Personal Savings requires $100 to open with a $3 monthly fee waived at $250 daily balance. Personal Money Market requires $100 to open with a $10 fee waived at $2,500 daily balance. CDs require a $1,000 minimum opening deposit. The High-Yield Savings Premier requires $500 to open with no monthly fees. IRA Savings requires $100 to open with no monthly fees.