Our Estate Checking accounts are ideal for an individual who is the executor or appointed administrator of an estate and is in need of a checking account specific to handling the proceeds of an estate settlement, as a cash holding tank, prior to the distribution to the estate’s beneficiaries, creditors, etc.
Estate Checking Account Benefits:
- No fee with minimum average collected daily balance or e-statement.
- 24-hour access with CNB's Online Banking.
- Unlimited check writing.
- Monthly statement with check images available.
No Monthly Maintenance Fee
When you sign up for e-statement or maintain the minimum average collected daily balance.
EIN or TIN Required
Employer Identification Number or Tax Identification Number is required to open an Estate Checking Account.
What you get with Estate Checking from CNB »
| |
| Benefits |
Designed for handling the proceeds of an estate |
| No Monthly Fee if |
$2,500 average collected daily balance
OR
enrolled in e-statement
|
| e-statement option |
No monthly fee
|
EIN (Employer Identification Number) or TIN (Tax Identification Number)
In need of an EIN or TIN? Click here to apply
You will find the "easy Online IRS Assistant" for a fast "5 minute," assisted filing process.
You will need the decedent's 1) Tax ID number and 2) First and Last Name exactly as stated on their most recent tax return.
|
Required for Estate |
| Free Online Banking |
Yes |
| Fee per item deposited |
No Fee
|
| Canceled check images available |
Yes |
| Check Writing |
Unlimited
|
| Check Images Available on a Compact Disc |
$4.00 Monthly or $5.00 Quarterly
|
| Monthly service fees (if minimum average collected daily balance is not maintained or not enrolled in e-statement option) |
$7.50
|
Discover the CNB difference.
As the only local, full-service, community-owned financial institution in the Greater Rochester Area, CNB is investing in you, your business, and your community through our products, personal service, technology, and community support. We offer competitive banking solutions and personalized service that build long-lasting relationships.