How to designate beneficiaries at Artisans' Bank
Beneficiaries are managed online
Preparing your Artisans' Bank accounts for estate transfer involves two primary strategies: designating beneficiaries on individual accounts and aligning account ownership with your broader estate plan. Both approaches bypass probate, but they work differently depending on the account type.
Across 15 product types, Artisans' Bank accounts vary in how they transfer at death. The sections below walk through Payable on Death (POD) designations, trust funding options, and which products support each method.
What Artisans' Bank says about beneficiaries and trusts
Each section is Artisans' Bank's own statement, with the document it comes from numbered under Sources.
Which accounts take a beneficiary1
- Payable-on-death account
A beneficiary cannot draw on a pay-on-death or revocable trust account until every person who opened it has died, and then only if the beneficiary is still living.1
How many beneficiaries, and how shares are split
- Payable-on-death account
Beneficiaries who outlive everyone who opened the account split it evenly, and a beneficiary's share does not pass to the other beneficiaries.1
- All accounts
The online application takes up to five primary beneficiaries and up to five contingent beneficiaries, and contingent beneficiaries can be added only after a primary.2
What Artisans' Bank's agreement says about beneficiaries5
- What the owner keeps while living
Whoever opened a pay-on-death or revocable trust account keeps the right to swap beneficiaries, change the kind of account, and take out some or all of the money whenever they choose.1
- Joint accounts
When two or more people open a pay-on-death account together, they hold it jointly with survivorship while any of them is living.1
- The institution's right to refuse a designation or an account title
Artisans' may decline a form of ownership or a beneficiary designation where the law lets it, and it vouches for a designation only as far as deciding whom it pays.1
- Claims against the account
A certificate of deposit pledged for a debt the bank agreed to stays subject to that debt, which is paid before a pay-on-death or trust account beneficiary takes anything.3
- Powers of attorney over a living owner's account
An authorized signer can only make withdrawals for the owner and cannot change what beneficiaries receive. The bank does not check that the signer acts for the owner.1
Which accounts a trust can hold1
What Artisans' Bank says about trust accounts1
- Review of the trust document
Holding a trust's money does not make Artisans' a trustee, and the bank takes on no duty to oversee or enforce what the trust document says.1
Accounts handled elsewhere1
- DT Investment Partners, LLC
Revocable and irrevocable trust accounts, IRA plans and rollovers, and financial planning with the partner advisor5
Phone: 1-484-778-4425
Not in Artisans' Bank's published guidance7
- What the owner provides to name a beneficiary
- A beneficiary designation form
- Who may be named as beneficiary
- Which trust documents it accepts
- A procedure for holding an account in a trust
- A trust account form
- How long a change takes
Sources
(4)·
Data sourced from Artisans' Bank primary sources (28 pages reviewed). How we research.
Download these Artisans' Bank instructions
A printable PDF with the steps, required documents, and contact details, verified against Artisans' Bank primary sources. Bring it to the branch or keep it beside the phone.
Artisans' Bank estate support
General Information
Phone
Toll-free
Checking, savings and online banking questions
Touch Tone Banking (24 hours)
Consumer loan servicing and payoffs
Hours
Mailing address
Website
Estate requests go through general customer service.
Estate planning articles
Learn how to protect your Artisans' Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
Is this your situation?
Get a complete guide for your specific circumstances.
New Baby or Adoption
Your family is growing. Your protection should too. Guardian nominations, trusts for minors, beneficiary updates, and the documents new parents need in place.
Learn more
Marriage
What married couples need in place: one joint trust or two, wills, beneficiary updates, and the spousal rights your state grants you automatically.
Learn more
New Home
How to put your house in a revocable trust: the deed you record, what it does to your mortgage and property taxes, and when a TOD deed is simpler.
Learn more
Retirement
Retirement changes your financial picture. Healthcare directives, beneficiary reviews, long-term care planning, and protecting what you've built.
Learn moreForms for Planning Your Estate
Free forms for planning your estate: will, living trust, pour-over will, powers of attorney and TOD deed. Prepare each form for your state and download the PDF.
Revocable Living Trust
Create a revocable living trust to avoid probate, protect privacy, and control asset distribution.
Last Will and Testament
Name your heirs, guardians, and final wishes. Free for every state.
Codicil to a Will
Add, revoke or replace provisions of your will and republish the rest, signed as your state requires for a will.
Tools for Planning Your Estate
Free tools for planning your estate: will and trust costs, trust or TOD deed, and the signing rules. Run each tool for your state and read its answer.
How Much Does a Revocable Living Trust Cost?
Compare revocable living trust costs across providers including online services and attorneys.
How Does SimplyTrust Compare to LegalZoom, Trust & Will, and Other Services?
Compare what it costs to make a trust official across SimplyTrust, LegalZoom, Trust & Will, Rocket Lawyer, and Quicken WillMaker.
Do I Need a Revocable Trust?
Find out if a revocable trust makes sense based on your state, estate value, and family situation.
Trust or Will: Which Costs Less?
Compare the cost of probate vs a trust for your state and estate value.
How Much Is the Federal Gift Tax?
Whether a gift owes federal gift tax, how much of the annual exclusion and lifetime exemption it uses, and whether Form 709 is due.
What Does Estate Planning Actually Cost?
Compare costs across estate planning providers including online services and attorneys.
