How to name beneficiaries and fund a trust at American Savings Bank
Covers 7 deposit, 2 retirement, and 2 lending accounts — beneficiaries must be updated in-branch
Customer Banking Center
Phone1-808-627-6900
Toll-Free1-800-272-2566
Emailinfo@asbhawaii.com
Mailing Address
American Savings Bank, P.O. Box 2300, Honolulu, HI 96804-2300
TDD (Text Relay)
WebsiteLearn more→
Successor Relations - CRS Department
Phone1-808-539-7228
Mailing Address
American Savings Bank, Attn: Successor Relations, PO Box 2300, Honolulu, HI 96804-2300
WebsiteLearn more→
Successor Relations - CRS Department
Phone1-808-539-7228
Mailing Address
American Savings Bank, Attn: Successor Relations, PO Box 2300, Honolulu, HI 96804-2300
WebsiteNotify online→
Verified Apr 2026
The key to protecting your American Savings Bank accounts is making sure each one has a transfer mechanism in place—either a beneficiary designation or trust ownership. Without one, the account goes through probate, adding time, cost, and court involvement for your family.
With 11 product types, American Savings Bank offers a range of transfer options. Some accounts support Payable on Death (POD) designations, others can be retitled into a trust, and some require probate if no beneficiary is designated. The sections below break down each step.
Kalo Essentials CheckingKalo Plus CheckingKalo Deluxe CheckingStatement SavingsASB Tiered SavingsMoney Market SavingsCertificate of Deposit (CD)
1
Visit any American Savings Bank branch with a valid government-issued photo ID
2
Request to add or update beneficiary designations on your accounts
3
Provide beneficiary information:
- For deposit accounts: request POD (Payable on Death) designation with beneficiary full legal name, date of birth, Social Security number, and relationship
- For IRA accounts: complete the IRA Beneficiary Designation form with primary and contingent beneficiary sections
4
Review and sign the updated account documentation
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- Trust beneficiary designations may require a copy of the Certification of Trust
- If multiple POD beneficiaries are listed, all beneficiaries must be present at the branch to receive disbursement upon the account holder's death
Customer Banking Center
Phone1-808-627-6900
Toll-Free1-800-272-2566
Emailinfo@asbhawaii.com
Mailing Address
American Savings Bank, P.O. Box 2300, Honolulu, HI 96804-2300
TDD (Text Relay)
WebsiteLearn more→
Successor Relations - CRS Department
Phone1-808-539-7228
Mailing Address
American Savings Bank, Attn: Successor Relations, PO Box 2300, Honolulu, HI 96804-2300
WebsiteLearn more→
Successor Relations - CRS Department
Phone1-808-539-7228
Mailing Address
American Savings Bank, Attn: Successor Relations, PO Box 2300, Honolulu, HI 96804-2300
WebsiteNotify online→
Verified Apr 2026
Estate planning articles
Learn how to protect your American Savings Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
