How Do I Open an Estate Account at Citizens Business Bank?
Citizens Business Bank publishes no estate-account opening procedure. What its guidance does cover, and its estate services contacts.
Estate accounts at Citizens Business Bank
What to know at Citizens Business Bank
Citizens Business Bank publishes no estate (probate) account opening procedure on cbbank.com -- no page addresses opening a new deposit account titled to a decedent's estate by a court-appointed executor or administrator. The site's "Fiduciary Services" page (industry-expertise/fiduciary-services/) is a business-banking specialty for restructuring and receivership professionals (court receivers, liquidation trustees, assignees), not probate estate accounts. The deposit account agreement ("Citizens Business Bank Disclosure Information and Agreement") is referenced in the Personal Online Banking Services Agreement but is not publicly posted, so no channel, document, or co-fiduciary facts could be verified. Personal checking pages direct all new-account opening to phone (888.222.5432); whether an estate account can be opened by phone, or requires a Business Financial Center visit, is not stated. Contact Client Services at 1-888-228-2265 for estate account requirements.
This guide summarizes each bank's published estate-account requirements and is not legal or banking advice. Requirements may vary by state and account type.
Frequently Asked Questions
Citizens Business Bank publishes no estate-account opening procedure, and its guidance does not state whether estate accounts are offered. Its estate services team can confirm directly.
An estate account is a bank account titled to the estate itself — not to the person who died and not to the executor personally. The court-appointed executor or administrator opens it to deposit money owed to the estate (final paychecks, refunds, proceeds from closed accounts), pay the estate's debts and expenses, and distribute what remains. Checks made out to "the Estate of" can only be deposited into an account titled this way.
The estate is its own taxpayer, separate from the person who died. Banks open estate accounts under the estate's Employer Identification Number (EIN) from the IRS, not the deceased's Social Security Number. The free EIN application prepares IRS Form SS-4 for the estate.
Sources
Data sourced from Citizens Business Bank primary sources (3 pages reviewed). How we research.
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