Preparing your Arkansas Federal accounts for estate transfer involves two key steps: designating beneficiaries on each account and, where appropriate, retitling accounts into a trust. Because Arkansas Federal is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Accounts with Payable on Death designations or trust ownership bypass probate entirely.

With 10 product types, Arkansas Federal 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.

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1Visit any Arkansas Federal branch with government-issued photo ID

2Request a POD (Payable on Death) beneficiary designation form for deposit accounts

3Provide beneficiary details: full legal name, date of birth, Social Security number, and relationship

4Designate primary and contingent beneficiaries with percentage allocations

5Sign and submit the completed form

Required Documents

Trust name, date established, and tax ID (EIN or SSN)

Special Requirements

POD designations available for all deposit accounts (checking, savings, money market, certificates)
Online beneficiary designation is not available; must visit a branch or call
IRA beneficiary designations managed separately from deposit account POD designations
Review recommended after any major life event