How Do I Open an Estate Account at Stock Yards Bank?
Stock Yards Bank 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 Stock Yards Bank
Where to open it
Not published by Stock Yards Bank
How it opens
- Online
- Not available
Documents to bring
- Court order of appointment
What it costs
Stock Yards Bank does not state the opening deposit, monthly fee, or fee-waiver balance for an estate account.
- Other waivers
- No estate or fiduciary exclusion published
- Schedule that applies
- "Common Features", a single fee schedule for consumer and business accounts; per-product figures are on the product pages
- For estate accounts
- The Field & Main conversion guide maps "Estate Accounts" under "Business Accounts:" to "No Minimum Business Checking". This is a legacy conversion mapping for converting Field & Main customers, not a general product assignment for estate accounts
- Other charges
- $7.00 monthly Dormant Account fee after 24 consecutive months with no activity on balances under $500; $25.00 Premature Account Closing fee if a checking account is closed within 90 days of opening
| Account | To open | Monthly fee | Waiver or condition |
|---|---|---|---|
| No Minimum Business Checking | $100 | $0 | Minimum Daily Balance To Avoid Service Fee $0 |
What to know at Stock Yards Bank
Stock Yards Bank's consumer and business Terms & Conditions both permit fiduciary accounts opened by executors or administrators under court orders. Existing Field & Main Bank estate accounts convert to No Minimum Business Checking on October 19, 2026.
Not in Stock Yards Bank's published guidance
- Whether it can be opened in a branch, by phone, or by mail
- 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 24, 2026
No. Stock Yards Bank states an estate account cannot be opened online.
Stock Yards Bank asks for: Court order of appointment.
Stock Yards Bank does not state the opening deposit, monthly fee, or fee-waiver balance for an estate account. The Field & Main conversion guide maps "Estate Accounts" under "Business Accounts:" to "No Minimum Business Checking". This is a legacy conversion mapping for converting Field & Main customers, not a general product assignment for estate accounts. Stock Yards Bank's 1 published account is listed above with their fees and waivers; the estate account carries the fees of the account 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.
Sources
Data sourced from Stock Yards Bank primary sources (6 pages reviewed). How we research.
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Forms for Settling an Estate
Free forms for settling an estate: the probate petition, small estate affidavit, notice to creditors, inventory, and closing forms.
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 inheritance taxes.
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 Appointed as Executor?
See the court, petition, bond, and documents needed to be appointed and receive your Letters.
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.
What Is the Estate's Personal Property Worth for Probate?
Estimate the fair market value of household items for probate and see how it affects fees.
