How Do I Open an Estate Account at EagleBank?
EagleBank opens estate accounts for a court-appointed executor or administrator. The documents it asks for, what the account costs, and the steps it lists are below.
Opening an estate account at EagleBank
Where to open it
Not published by EagleBank
How it opens
- Online
- Not available; 47 of the 153 banks here say the same
What it costs
EagleBank does not state the opening deposit, monthly fee, or fee-waiver balance for an estate account.
- Schedule that applies
- Not stated for estate accounts; EagleBank Fee Schedule for Business & Personal Accounts (Effective December 16, 2025)
- Other charges
- Early closure of account $25.00 if closed within 90 days of opening; image statement fee $3.00 per month and duplicate statement $5.00 (paper statements); no dormant-account fee is priced
| Account | To open | Monthly fee | Waiver or condition |
|---|---|---|---|
| Business Checking | $100.00 | $5.00 | $1,500.00 average daily balance, or Online Banking and Online Statements |
| Business Checking Plus | $100.00 | $10.00 | $15,000.00 average daily balance combined across related Business Checking Plus accounts, or two listed services |
| Business Analyzed Checking | $100.00 | $20.00 (plus per-item and per-deposit charges) | |
| Nonprofit Checking | $100.00 | No Charge | |
| Nonprofit Checking Plus | $100.00 | $15.00 | $15,000.00 average daily balance |
| Commercial NOW Checking | $100.00 | $15.00 | $1,500.00 average daily balance |
| Business Money Market | $100.00 | $10.00 | $2,500.00 average daily balance |
| Business Premium Money Market | $100.00 | $10.00 | $2,500.00 average daily balance |
| Business High-Yield Savings | $100.00 | $25.00 | $10,000.00 average daily balance |
| Business Savings | $100.00 | $5.00 quarterly | $250.00 average daily balance |
| Eagle Relationship Checking | $100.00 | $15.00 | $1,500.00 average daily balance, or one $500.00 direct deposit each cycle and Online Statements |
| Eagle Relationship Interest Checking | $100.00 | $15.00 | $2,500.00 average daily balance in the checking account or $10,000.00 combined in related deposit accounts |
| Eagle Premium Interest Checking | $100.00 | $25.00 | $25,000.00 average daily balance or $100,000.00 combined |
| EagleBank@Work | $100.00 | $10.00 | $1,000.00 average daily balance, or a $500.00 direct deposit, or Online Banking plus a debit card plus Online Statements |
| Eagle Money Market Account | $100.00 | $10.00 | $2,500.00 average daily balance |
| Eagle Savings | $100.00 | $5.00 quarterly | $250.00 average daily balance |
| Eagle Retirement Savings | $100.00 | No Charge | |
| Eagle High-Yield Savings | $1,000.00 | $0.00 |
What to know at EagleBank
EagleBank's deposit agreement lets executors, administrators or conservators under court orders open and maintain an account.
Not in EagleBank's published guidance
- Which documents it asks for
- Whether it can be opened in a branch, by phone, or by mail
- Whether a branch appointment is needed
- Whether every co-executor must sign or appear
- Whether the estate's EIN is needed before opening
- Whether the deceased must have banked there
- Whether an out-of-state executor can open one
- Whether the account comes with online banking, checks, a debit card, or mobile deposit
- How the deceased's balances reach the estate account
General information about each bank's published estate-account requirements, not legal or banking advice. Requirements vary by state and account type. Consult the institution for its current requirements. Data verified Sep 17, 2026
No. EagleBank states an estate account cannot be opened online.
EagleBank publishes no document list for estate accounts.
EagleBank does not state the opening deposit, monthly fee, or fee-waiver balance for an estate account. The estate account carries the fees of whichever of EagleBank's 18 published accounts it is opened as.
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.
Is this your situation?
Get a complete guide for your specific circumstances.
Forms for Settling an Estate
Free forms for settling an estate: probate petition, small estate affidavit, creditor notice and closing forms. Prepare each form for your state.
Petition for Probate and Letters
Open probate and ask the court to appoint you and issue Letters Testamentary or Letters of Administration.
Notice to Creditors
Notify estate creditors and start the claim period — the published notice plus mailed copies for known creditors.
Renunciation of Executor
Decline an appointment as executor named in a will — the writing filed with the court before anyone is appointed.
Affidavit of Heirship
Prepare the sworn statement of a deceased person's family history and heirs for recording in the county land records, with your state's recording instructions.
Small Estate Affidavit
Collect a small estate's property without probate — the sworn affidavit presented to banks and other holders, with a presentation letter for each.
Estate Inventory
Prepare the probate inventory of estate property — every asset at its date-of-death value, composed to your state's statute, with the state's filing or delivery instructions.
Tools for Settling an Estate
Free tools for settling an estate: whether probate is needed, executor and trustee pay, creditor deadlines and taxes. Run each tool for your state.
How Much Can an Executor Charge?
Calculate how much an executor can charge for administering an estate.
Can I Self-File Probate?
Whether your state lets you open probate yourself, and what it costs with a lawyer and without one.
How Do I Get Letters Testamentary?
See the court that issues Letters Testamentary or Letters of Administration, the petition, the bond, and the documents to file.
What Are the Creditor Claim Deadlines?
Find creditor claim deadlines, notice requirements, and payment priority order for your state.
What Happens When an Estate Is Insolvent?
See the order your state pays an insolvent estate's debts and which claims go unpaid.
How Do I Claim a Deceased Person's Unclaimed Property?
See where to search for a deceased person's unclaimed property and what each state asks an heir or executor to send.
