Fiduciary Accounts

What Are Fiduciary Accounts?

Fiduciary accounts are accounts where one person or organization manages money on behalf of someone else. These accounts are often used when someone is legally responsible for handling another person's finances, or when funds are being held for a specific purpose.

Fiduciary accounts may be used for:

• Managing money for a minor or someone unable to manage their own finances
• Carrying out the terms of a trust or legal agreement
• Acting on someone's behalf through legal authority (like power of attorney)

Each type of fiduciary account has its own rules and required documents. Use the links below to learn how to open and manage the account that fits your situation and needs. Visit the forms page for fiduciary applications and change request forms.

• Managing Blocked Accounts
• Establishing Conservatorship Accounts
• Opening a Trust Account
• Managing Trust Accounts
• Club and Association Accounts
• Estate Accounts
• Establishing Power of Attorney
• Establishing Representative Payee Accounts
• Establishing UTMA Accounts