Brittany, I am currently a SoFi customer, however, SoFi doesn’t allow me to have my account in a revocable living trust(RLT). Can’t even specify the trust as a beneficiary. Since I just started moving my estate to an RLT I need an online bank with a decent savings rate and that allows the account to be incorporated into my RLT. I have found that Ally supports this, but can you suggest others that I could take a look at which allow living trusts?
Although, I don't have a living trust and have never needed an account that supports it.....Ally, Wealthfront, Betterment, and Fidelity are ones I'm familiar with that allow for trust accounts. I've used the first 3 personally and had good experiences with all.
I recently opened a checking and savings account with Capital 360. When I went to order checks I noticed that they did not include my middle name initial. That initial is in all my papers; drivers license, work etc. I tried to get help but they want me to send them documents as well as government id reflecting the initial. I decided NOT to order checks and I might be closing the account soon. When I first opened the account, I added the middle name initial (Whole middle name too) I don't understand why it is so hard. It has left a VERY sour taste for this bank. I hope it doesn't happen with the other banks. 😞 Any thoughts?
Hmmm...I've not tried to order checks with them. Maybe ordering through a 3rd party? That's how we've ordered ours in the past - it's always a lot cheaper than the actual bank. All you need is the routing/checking number. Other than that, I'm not sure. Sorry it was a bad experience for you!
