Best for

• Estate executors/administrators who need a dedicated estate checking account with a fully online setup
• Probate matters where the fiduciary must centralize receipts, creditor payments, and distributions with a clean audit trail
• Attorneys who want a paperless, client-friendly estate banking workflow across all 50 states
• Financial advisors, CPAs, and fiduciaries assisting clients with estate administration requirements
• Fiduciaries who want comprehensive reporting with full estate reporting, account summaries, and transaction recaps for transparency
• Situations where branch visits are impractical and the executor wants secure, convenient, insured account access from anywhere

Key Benefits

• No bank visits
• No opening fees
• 100% digital application process
• Clients can apply for an estate account in minutes
• Full estate reporting and account recaps
• Secure, convenient, insured, and accessible from anywhere

How it works

1. Confirm fiduciary authority: The executor/administrator obtains court authority (Letters Testamentary or Letters of Administration) and an estate EIN.
2. Apply online: The executor applies for the Probate Express online estate account in minutes—100% digital.
3. Upload required documents: During the application, upload required documentation so the account can be established without branch visits.
4. Open and fund the estate account: Once approved, estate funds can be deposited/collected into the account to centralize administration.
5. Pay creditors and expenses: Use the account to handle creditor payments and other estate expenses in a trackable manner.
6. Reporting and recaps: Access detailed account summaries and transaction recaps to support fiduciary recordkeeping.
7. Distribute estate funds: Facilitate distribution of estate funds after requirements are satisfied.

What it does for Executors

Quorum Probate Express is built around a core executor requirement: estate banking. It gives the executor a dedicated, online estate checking account to centralize funds, handle creditor payments, and maintain a clear transaction history—without bank visits, hassles, opening fees, or physical paperwork. The reporting/recap features are positioned to support fiduciary transparency and administration recordkeeping.

Required documents for online estate account setup (as listed)

• Executor/Administrator valid ID
• Certified copy of death certificate
• Letters Testamentary or Letters of Administration (for co-independent executors, letters must explicitly state independent authority)
• Estate EIN letter from the IRS

Not ideal for

• Executors who do not yet have the required documents (ID, death certificate, letters, and estate EIN)
• Very small estates where no dedicated estate account is needed or where probate is avoided entirely
• Fiduciaries who prefer in-branch banking and paper-based administration

Pricing & access

• Fees (as described): No opening fees / no service fees are described for the Probate Express estate account.
• Availability: Nationwide availability is described across all 50 states.
• Access model: 100% digital application process with secure, 24/7 online access from anywhere and no branch visits.

Security & standards

Quorum describes Probate Express as fast, secure, paperless, convenient, insured, and accessible online from anywhere. The experience is positioned to reduce administrative friction while maintaining fiduciary-grade documentation through full estate reporting, account recaps, and transaction summaries.

Resources

• Executor Hand-Out: Benefits of the Probate Express Estate Account
• Executor Checklist: Steps and expectations for managing an estate
• Estate Account Application: Apply online quickly and easily

Who It’s For

• Attorneys
• Financial advisors
• CPAs
• Fiduciaries
• Estate executors

FAQs

Q: What is Quorum Probate Express?

A: Probate Express is Quorum Federal Credit Union’s fully online platform for revocable trust and estate accounts, designed to help attorneys and clients manage estate banking needs without branch visits or physical paperwork.

Q: What does the online estate account help with?

A: It’s designed to simplify probate banking requirements, centralize estate funds, support creditor payments, provide access to reporting, and facilitate distribution of estate funds after someone has passed.

Q: Who can apply for the estate account?

A: The executor (or administrator) of the estate establishes the account and uploads required documents during the online application.

Q: What documents are required to open the account?

A: Quorum lists required uploads as the executor/administrator’s valid ID, certified death certificate, Letters Testamentary/Administration, and the estate EIN letter from the IRS.

Q: Is it available nationwide?

A: Yes. Quorum describes nationwide availability across all 50 states with a fully digital, paperless process.

About this Listing

Executorium will NOT receive compensation if you engage with this business.

Contact Information

Quorum Federal Credit Union

Learn More

– Probate Express overview: https://info.quorumfcu.org/probateexpress
– Quorum’s Estate Executor’s Checklist: https://info.quorumfcu.org/hubfs/Quorum%20Probate%20Express%20Executor%20Checklist%202024-1.pdf?hsLang=es-es
– The Online Estate Account: https://info.quorumfcu.org/theonlineestateaccount
– Quorum Express Videos: https://info.quorumfcu.org/probateexpress-tutorials?
– Apply (Estate Account): Click here to apply

Quorum Online Banking Demo

See also

Related topics: estate checking accounts, creditor payments, executor recordkeeping, estate EIN, letters testamentary, fiduciary accounting.