Switch to First National Bank
Switch in Seven Steps or Less
You can quickly and easily enjoy the convenience and benefits of our superior service – all the forms you may need are here.
- Open your new accounts with us.
- Stop using your old accounts.
- Stop direct deposits from going to your old accounts and start sending them to your new accounts with FORM A.
- Call the appropriate agencies to stop any direct deposits of government benefits to your old accounts and start such direct deposits to your new accounts.
- a. Social Security Administration: 800-772-1213
- b. Department of Veterans Affairs: 800-827-1000
- c. Office of Personnel Administration: 888–767-6738
- Revoke the authority to initiate payments (preauthorized payments) from your old accounts and authorize the initiation of payments from your new accounts. Complete FORM B for each third party currently authorized to initiate payments.
- Authorize automatic transfers between your accounts with us. Complete FORM C for each type of transfer.
- Once your direct deposits are being received by your new accounts and all transactions on your old accounts have cleared, use FORM D to close your old accounts and terminate authority for transfers between them.
FIRST PAY MASTERCARD® DEBIT CARD
First National Bank’s First Pay Debit Card allows access to your checking account anywhere you see the Mastercard symbol.
Linking your new First Pay Debit Card to your First National Bank checking account allows easy access to funds in your account using any ATM network. Fees may apply for cash withdrawals or transfer of funds at ATMs we do not own or operate.
Mastercard Automatic Billing Updater
Mastercard Automatic Billing Updater is a service that enables the electronic exchange of updated account information and maintains the accuracy of customer card data for use by participating merchants.
Mastercard will provide updated card information to participating merchants when processing recurring payments stored on their systems as a “card on file”.
Customers will no longer need to update their card information (including card number and expiration date) with participating merchants. This includes recurring payments, online payments, and with any merchant that stores their card information.
Please note: Although all Mastercard issuers, including First National Bank, are required to participate in the ABU program, individual customers are permitted to opt-out. Please call 512-321-2561 for more information.
Our Consumer Debit Mastercards include enhanced shopping benefits such as price protection, extended warranty, and satisfaction guarantee.
Protect Your Card
Prevent Debit Card Fraud by enrolling your debit card in MyCardRules. Click here for details.
More questions? Click here for debit card FAQs
Mastercard® Credit Card
FNB offers a credit card with low rates, rewards, and flexibility. Visit a branch for details and to complete an application.
Click here for more information on TIB’s Fraud Detection System.
Use our Wire Transfer service to transfer money from your account at First National Bank to another financial institution. It is a safe and convenient way for you to move your money. Wire transfers are available for a set wire fee and may be requested at any of our convenient locations.
For same day processing, we must receive requests before 2:30 p.m. Central Time. Requests received after this time are processed the following business day.
To complete a Wire Transfer, please provide the following:
- Receiving institution’s name
- Receiving institution’s wire instructions
- Beneficiary’s name
- Beneficiary’s account number and type of account to be credited (such as savings or checking)
- Any special instructions
Note: We must have a signed written request. If sending request by fax (512-303-2233), we will verify by calling the phone number listed on the account for possible call back confirmation of wire request.
First National Bank’s ABA routing number is 114904953 .
This number is helpful when setting up:
- Direct Deposit
- Automatic Transfers/Withdrawals
- Tax refund that will be electronically deposited to your account
- Electronic Fund Transfer to pay a bill.
Incoming Wire Transfers
For an incoming wire transfer, please use the following instructions:
- Wire to: First National Bank of Bastrop
- ABA routing no. 114904953
- For final credit to: Customer’s name and account no.
If you have a First National Bank checking account, the routing number and your accountnumber can be found at the bottom of your checks in the far-left hand corner.
Safe Deposit Box
First National Bank offers Safe Deposit Box rentals. Rental fee is paid annually and can be set up to automatically debit your account.
Box sizes may vary by location
Annual Rental Fee: 3X5 $25.00 3x10 $40.00 4x10 $45.00 5x10 $50.00 10x10 $70.00 Lost Key $10.00 Box Drilling cost
Contents of Safe Deposit Boxes are not FDIC insured
Additional Deposit Services
24-Hour Night Depository
First National Bank offers after hours convenience and overnight safety of deposits by providing an overnight depository.
Direct Deposit offers you the security and convenience of having your deposit electronically deposited directly into your account. It’s safe, simple, and secure.
Bank By Mail
Make First National Bank as close as your mailbox by taking advantage of Bank by Mail. Enjoy the convenience of banking without a trip to the bank.
As the U.S. population ages, older Americans will need help navigating through their financial futures—including planning for expenses, recognizing and avoiding financial exploitation, and more.
FNB woud like to help the seniors in our community—and their caregivers—recognize the stages of cognitive decline, and what responsibilities caregivers have with the American Banker's Association's newest resource, Financial Caregiving: Planning for Stages of Cognitive Decline.
The guide is designed to help caregivers understand their roles, including:
- Getting Started: Reviews taking on financial caregiving, obtaining legal authority, and making legal preparations for the future.
- The Three Stages of Cognitive Decline: Outlines caregiver responsibilities during each stage of cognitive decline—early, middle, and late.
- Resources: Identifies organizations and other national, state, and local sources that may be helpful to caregivers.
- Assembling Fiduciary Information Worksheet: Helps caregivers easily categorize the financial information they need to fulfill their duties.
Opening an Estate Account
To collect the deceased person's cash assets and to have a way to pay the bills, a bank account for estate funds is needed.
Once an executor/administrator has been appointed by the probate court, a bank account in the name of the estate would need to be opened. Usually, an account for an estate is registered this way, or something similar: "Estate of John Doe, Deceased, Jane Doe, executor."
- Executor/Administrator must apply for an EIN for the estate, which is needed to open the account.
- Letters Testamentary or Letters Administration issued by the county clerk’s office is required to open the account. This document identifies the executor/administrator of the estate.
- The Executor/Administrator will be the only authorized signer on the signature card. The Executor/Administrator does not have the authority to add anyone else to the account. If this person cannot perform the duties required, then a new executor/administrator would need to be appointed by the court.
- The court can appoint Co-Executors/Co-Administrators for the estate. Both would sign on the signature card and each can act independently (one signature only is required).
- In rare instances, the Letters Testamentary/Administrator may state “DEPENDENT” Executor/Administrator instead of “Independent.” In this case, funds may only be released from the estate account upon receipt of a Court Order.
- An Estate is considered a fiduciary type of relationship.
How to Notify First National Bank When a Customer Passes Away
First, we would like to offer our condolences. We understand the loss of a loved one is an emotionally stressful time, and that navigating through a loved one’s financial affairs can be challenging.
We hope the information provided here may help navigate this uncertain territory while we offer the support related to our role in this process. We are here to help. Feel free to call us to discuss your particular situation. We also recommend you contact your financial and legal advisors for assistance.
Please keep in mind that First National Bank is only legally authorized to take instructions or give out information regarding the deceased person’s account(s) from someone who is authorized to act on behalf of the deceased’s estate.
What do I do now?
The first step is to notify the bank of the death of the accountholder in person or by phone at 512-321-2561.
Documents you are required to provide:
- A certified copy of the death certificate.
- Proof of identification for representative handling accounts.
- Letter Testamentary naming the executor, issued by the probate court located where the deceased lived. If no executor was named, than a request must be filed with the probate court and Letters Administration must be issued by the court to the financial representative.
- Records of financial accounts (i.e. bank statements along with Decedent’s full legal name and social security number would also be helpful).
Frequently Asked Questions (FAQ) you may have about needed documents:
Q. Why is the death certificate needed?
A: The death certificate gives us the information needed to verify the identity and legal residence of our customer.
Q: Where do I get the death certificate?
A: A certified copy of the death certificate is generally available from the funeral director who handled the deceased’s funeral arrangement, as well as from the Registry of Birth, Deaths, and Marriages in the applicable state/county/parish/territory. You may need multiple certified copies of the death certificate when dealing with various institutions in settling the deceased’s affairs. The complexity of the estate and the number of institutions that the deceased conducted business with will help you determine the number of copies you may need.
Q: How do I deliver the death certificate to First National Bank of Bastrop, TX?
A: You may deliver the death certificate to any First National Bank of Bastrop, TX branch location in Bastrop County or mail it to:
First National Bank of Bastrop – Deceased Estate
PO Drawer F
Bastrop, TX 78602
Other questions you may have:
Q: Who can obtain information about and access a deceased customer’s bank accounts?
A: First National Bank still has a duty of confidence to our customer, even after their death. This means the bank cannot disclose information about customers to anyone other than parties who are legally entitled to it. In most cases, the bank can only take instruction from the executors or administrators of the estate and is unable to release information to other parties, such as next of kin or estate beneficiaries.
Q: How are accounts transferred after an account owner passes away?
A: The action will vary based on the way the account is owned.
Click here for information about specific account ownership or refer below.
Q: How long will it take for funds to be released?
A: As the specifics of each account are different, the time it may take to settle the account will also vary. In general, we gain to process a request as soon as we receive the necessary documents.
Q: What other bank-related products or services may require attention?
A: Other things to consider would be: Online banking IDs and scheduled bill payments, direct deposits, debits, loan payments, ACH items, credit card payments and rewards, investment and retirement accounts, insurance products, safe deposit box lease
If nothing happens to the bank account(s) after the account owner’s death, the funds may be considered abandoned property after 3 years of inactivity, and by state law, the funds would be required to be sent to the state as unclaimed property.
Documents and forms – Terms and Definitions
Learn about some of the documents or forms you may need to obtain and/or complete. Please contact your financial or legal advisor for help with obtaining the proper documentation.
Letters Testamentary – The formal instrument of authority and appointment granted by the proper court to an executor (one designated in a will to manage the estate of the deceased) empowering that person to execute the functions of the office.
or Letters Administration – Court-order authorizing a person (called 'administrator' if male; or 'administratrix' if female) to manage or distribute the property of a deceased who did not make any such arrangement in his or her will, or died intestate (without making a will).
Small Estate Affidavit – An affidavit of small estate is a legal document by which the property is transferred to the heirs and beneficiaries after the death of a person. It is usually executed in situations when an estate is not submitted to the probate because of the size of the estate. The main purpose of an affidavit of small estate is to inform the court that a particular estate meets the requirements of a small estate and that the appropriate summary probate process may be initiated. It also entitles the person executing the document to receive possession and ownership of the decedent's property without going through the formality of probate. In this affidavit, the affiant or the person who files the affidavit must identify all other claimants, beneficiaries, or heirs who have a right over the decedent's estate. If there are other claimants, the affiant must swear to issue proper notice to them. This affidavit must be signed and sworn in the presence of a notary in the state in which it is filed.
Muniment of Title – Documents that serve as evidence of ownership of real or Personal Property, i.e., written instruments, such as stock certificates or deeds to land, by which an owner is enabled to defend his or her ownership rights. Filing a will for probate as Muniment of Title is asking the court to find that it is a valid will, and telling the court that no other action is needed on the estate. The will says who the beneficiary or beneficiaries are. The order admitting the will as Muniment of Title is signed by the judge, and then a certified copy of the order and the will is filed in the real property records of the county where the property is located. That is what transfers title to the beneficiary or beneficiaries (basically acting like the deed showing the transfer of title in the real property records).
Certified copies of the order and will can also be used to change title to vehicles to the persons named in the will. While probating a will as Muniment of Title will not work in all estates, it should be considered as an option.
Affidavit of Heirship – The Affidavit of Heirship document is used to declare who the heirs of a deceased person are. It is commonly used to establish ownership of personal and real property when the deceased has not left a will. An Affidavit of Heirship is used to establish ownership of property when the deceased failed to execute a will. The Affidavit of Heirship may be filed with the deed records of the county in which the property lies. In its basic form, the Affidavit of Heirship begins by stating under oath that there is a relationship between the people mentioned in the document, referred to as affiant and heirs, and the decedent. Important Note: This does not go through the probate process and is an option only for very small estates, with only a small number of heirs receiving equal amounts. The Bank may need to seek further legal counsel before accepting an Affidavit of Heirship.
Administrator – The person or corporation appointed by a court to settle the estate of a deceased person if no valid will can be found or if there is a will and the named fiduciary does not serve.
Beneficiary – Person or persons who receive the assets of an estate after all debts are satisfied. Also, a person named in an information trust as In Trust For (ITF) or Payable on Death (POD) beneficiary on bank records.
Estate – The assets and liabilities left by the decedent. When a person dies and leaves a will naming an individual or an institution to settle his/her estate, the court approved personal representative named in the will is called the executor. If the court does not approve of the named executor or the person dies intestate (without a will), the court can appoint an independent administrator.
Executor – Person or corporation named in the decedent’s will to settle the estate and approved by the court to serve as such.
Fiduciary – A person who has been entrusted with the responsibility to manage the assets or rights of another person. May be referred to as a Guardian, Conservator, Executor or Administrator, Trustee, Representative Payee, Custodian or in some cases an Attorney-In-Fact (Agent).
Probate – The process of gathering a decedent’s assets, paying the creditors and any taxes owed, then distributing the remainder according to the will (testate distribution) or state law (intestate distribution, as applicable. Will – A legal document in which a person included instructions for the distribution of his or her property and possessions after death.
Government Agencies you may need to contact
Social Security Administration
Office of Personnel Management
Defense Finance & Accounting Service (DFAS)
U.S. Department of Veterans Affairs/ Cemetery Administration
Account Ownership Information SINGLE OWNER ACCOUNTS For single owner accounts, on death of the owner, ownership of the account passes as a part of the party’s estate under the party’s will or by intestacy. The person authorized to handle the estate (established by probate process) will need to present the proper probate document establishing their authority. JOINT ACCOUNTS
Joint/Multiple party accounts are owned by more than one person. There are two joint/multiple party account ownerships:
Joint/Multiple party account with right of survivorship: any surviving owner becomes the owner of the account after one owner passes away. The title of the account will be updated to reflect the names of the surviving owner(s) once we have the certified copy of the death certificate, an updated, signed signature card agreement and, if required, any state specific documents.
Joint/Multiple party account without survivorship: in cases where the joint account does not include survivorship, the parties to the account own the account in proportion to the parties’ net contributions to the account. The bank may pay any sum in the account to a party at any time. On the death of a party, the party’s ownership of the account passes as part of the party’s estate under the party’s will or by intestacy.
PAYABLE ON DEATH (POD) ACCOUNTS
An account owner may name one or more beneficiaries for an account during his or her lifetime. When the last account owner passes away, the funds in the account belong to the beneficiary(ies).
- The beneficiary or beneficiaries must provide notarized letters of instruction in addition to the death certificate.
- Each beneficiary must also provide a valid ID.
Both joint accounts with right of survivorship and POD account transfers are considered non-probate transfers – they pass outside the estate.
For accounts that are part of large estates, the court-appointed estate representative will typically close any accounts in the decedent’s name and open an estate account, upon presentation of the appropriate probate documents. Refer to “Opening an Estate Account.”
Common Services and Fees
Common Fees Debit Card and ATM Fees Replacement Debit Card $5 per card ATM transactions using First National Bank of Bastrop ATMs for Customers no charge ATM transactions using First National Bank of Bastrop ATMs for Non-Customers $3 per transaction ATM withdrawals or transfers at non-FNB ATMs $1 per transaction First National Bank of Bastrop ATM transaction dollar amount limit up to $1,000.00 per day Online and Mobile Banking Fees Same Day Bill Pay, if available $10.95 per payment Overnight Bill Pay, if available $16.95 per payment Mobile Check Deposit no charge NSF/Overdraft Fees* Overdraft Fee (OD), may be created by check, in-person withdrawal, ATM withdrawal or other electronic means $25.00 each item returned Nonsufficient Funds Fee (NSF), may be created by check, in-person withdrawal, ATM withdrawal or other electronic means $25.00 each item returned
*NSF fee can be charged for each presentment of a returned item.
Overdraft Items may include items previously returned and charged as NSF.
Wire Transfer Fees Domestic Outgoing Wire Transfers $15.00 per transfer Foreign Outgoing Wire Transfers $15.00 plus correspondent bank charges per item ($40 subject to change) Currency Exchange Fees Foreign Currency Exchange $5.00 plus postage and correspondent bank charges Canadian/Non-US Items in US $5.00 plus correspondent bank charges Legal Processing Garnishments $25.00 plus related charges Levies $25.00 plus related charges Check and Money Order Fees Check Printing, based on style/design/quantity of checks ordered Varies Cashier's Checks for Customers $3.00 per check Cashier's Checks for Non-Customers $10.00 per check Incoming or Outgoing Collections $5.00 plus correspondent bank charges per item Money Order $1.50 each Other Account Services Stop Payment Request $25.00 per request Special Statement Cut-off $3.00 per request Account Research $20.00 per hour, $5.00 minimum Telephone Transfer not completed through Call First $2.00 per transfer Misc. Photocopies $0.20 per copy