Individual Account
An Individual account is an account with only one account owner, and may be withdrawn only upon the signature of the account owner or his/her legally authorized representative. NOTE: Fireside does not offer any other form of individual account ownership. Other types of individually held accounts such as “Sole Proprietorship” and “Uniform Transfer/Gifts to Minors Act” (CUTMA) are not offered. Access an individual account signature card.
Joint Account with Survivorship
An account with two or more account owners is a joint account. Each owner will have an equal ownership interest in the account during his or her lifetime. Fireside does not offer Tenancy in Common or Community Property Account of Husband and Wife accounts. Access a joint account signature card.
Payable on Death (aka P.O.D., Revocable Trust, and Totten Trust)
A POD account is an informal trust without a written trust agreement. The account owner is the trustee(s). The beneficiaries are named in the account records; however, they have no right to any funds in the account during the trustee(s) lifetime. If two or more persons open the account it will operate as a joint account, as described above. Upon the death of one account owner, the deceased party’s interest in the account passes to the surviving account owners. Upon the death of all account owners, the trust will terminate and all remaining funds shall be owned by the beneficiaries. Access a POD signature card.
Formal Trust Account (aka Living Trust)
A Formal Trust Account is an account held by one or more trustees for the benefit of one or more beneficiaries pursuant to a written trust agreement. The trustee(s) must complete and sign Fireside’s Certification of Trust form in order to open a Formal Trust Account. The Fireside Certification of Trust requires notarization when submitted by mail. Access a formal trust signature card.
Corporate Account
Accounts opened for corporations are opened exclusively at Fireside’s Headquarters in Pleasanton, California. For more information regarding corporate account, please telephone 1-866-612-1801 and press 2 for the Deposit Services Department.
- Corporate account interest rates and annual percentage yield may differ from our retail rates
- Minimum term is 270 days
- Minimum/opening balance is $50,000.00
- No Grace Period
- Funds are accepted by wire transfer only
- These certificates do not automatically renew at maturity and will not continue to earn interest after maturity
- A copy of a Corporate Resolution or other accepted form of entity identification is required
Account types not available:
- IRA Individual Retirements Accounts
- Tenancy in Common
- Community Property Account of Husband and Wife
- Sole Proprietorship
- Individual Retirement Accounts
- California Uniform Transfer/Gifts to Minors Act (CUTMA)
- Partnership
- Unincorporated Association
- Non-resident Alien