Bellco refused to open checking account in the name of my trust.

[th3w01f]

Last week I finally had my NFA trust drafted and today I went to have the paperwork notarized and open an account in the name of the trust (I've seen several recomendations to have a checking account in the name of the trust for purchases and paying the tax).

The person at Bellco happily notarized the trust but when he tried to create the checking account their 'special services' denied it due to the mention of NFA in the trust.

I contacted their 'SS' for more details and I was told that they have made the decision to not allow any accounts for trusts that can own firearms. Correct me if I'm wrong but can't any living trust have firearms? I know many people use quicken for their trusts.

Please let me know if you have a more firearms friendly bank that I can use and if you can make a better argument than me or just feel like beating your head against the wall the number for Bellcos 'SS' is 303-689-8188..... And they are there on Sat.

[mrfish83]

I used 1st Bank...

[Wiggity]

Colorado community bank will work

[ColoWyo]

They were great when we started a business account with our FFL/SOT.

[Fentonite]

I used Wells Fargo, and they were happy to help. They required either a minimum balance or an automatic direct deposit every month, so they're probably not the cheapest, but the direct deposit works to help me save up for my next prize.

[Circuits]

Your trust doesn't have to have an account.

It doesn't help or speed anything up. Any trust can own firearms already, and have always been able to. Your trust is being singled out because it mentions firearms in its name or something.

But, major bank FAIL for being PC idiots about legal firearms-related entities. Take your business elsewhere, and let them know why.

[th3w01f]

Thanks for all the feedback. I'm planning on talking to someone else there on Monday and if that fails it looks like 1st Bank has a free checking account that will work or I may just bypass setting up an account for the trust.

It's not like the money wouldn't be going directly from my account to the trust account to pay anyway.

[HoneyBadger]

My trust doesn't have an account. I am a trustee, so a check with my name on it is valid for things like the tax stamps.

[JohnnyEgo]

I've always just written personal checks for my NFA items. An extra checking account seems like a lot of work, unless you are trying to hide gun purchase funds from the little woman...

[th3w01f]

I have another question; I’m a trustee and my wife is a co-trustee. Do you think there’s any issues with using checks from our joint account (with both our names) or should I play it safe and just use my checking account?