First National Bank of Fort Smith

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First National Bank

First National Bank of Fort Smith
P. O. Box 7
Fort Smith, Arkansas 72902

Tel: 479-788-4600 (Call Center)
Call Center Hours:
7:00 a.m. - 6:00 p.m. Mon-Fri
9:00 a.m. - 2:00 p.m. Sat

Estate Settlement

The Trust Department of First National Bank can provide for professional estate settlement.

This is an important and vital task which involves the following duties:

Obtain formal appointment
Locate financial records
Inventory of assets
Notification of heirs
Insure and protect assets
Pay any debts or collect money owed
Supervise any litigation
Preserve and invest assets
Estimate and control cash needs and maintain accurate records
Analyze tax deduction choices, valuation decisions and distribution options
Complete tax returns
Prepare final accounting

And perhaps most important of all:

Remain impartial
Ensure that the distributions of assets are carried out exactly as instructed by the decedent in the will,
or according to the law in the case of intestacy.

*The Annual Percentage Yield (APY) on the quoted above is based upon interest added back to the account balance on a monthly basis (with the exception of IRA's and $1,000.00 CD's, interest is paid at maturity.) The APY assumes that the initial deposit and interest will remain on deposit for one (1) year. Withdrawal of interest earned will reduce the APYs. Substantial penalty for early withdrawal. Interest Rates are subject to change without notice. Variable Rate CD's may change after the account is opened. On Checking and Savings Accounts, Service Charge fees could reduce the earnings.

Opening Balance Requirements; Checking $100.00, Savings $25.00, CD's $1,000.00, IRA's No Minimum. For further information, please see an account representative.