How to name beneficiaries and fund a trust at Bank OZK
Covers 9 deposit, 5 retirement, and 2 lending accounts — beneficiaries must be updated in-branch
Customer Care Center
Bank OZK, P.O. Box 8811, Little Rock, AR 72231
Trust & Wealth (Trust & Estate Services)
Bank OZK Trust & Wealth, 18000 Cantrell Road, Little Rock, AR 72223
Customer Care Center (retail deposit death claims; no separate estate-claims department) / Trust & Wealth for trust-administered accounts
Bank OZK, P.O. Box 8811, Little Rock, AR 72231
There are two ways to keep your Bank OZK accounts out of probate: adding beneficiary designations and retitling eligible accounts into a revocable living trust. Which approach works best depends on the account type and your overall estate plan.
Bank OZK has 16 product types, and the estate transfer rules differ across them. Some support Payable on Death (POD) designations, some can be retitled into a trust, and others will require probate if nothing is set up. Each is covered below.
- Full legal name
- Date of birth
- Social Security number
- Relationship to account holder
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- No online beneficiary management — POD designations are taken in branch or initiated by phone with Customer Care
- Deposit agreement clause (6): you may name a single non-natural person (e.g. your trust) as beneficiary, OR one or more natural persons — a trust cannot be named alongside individuals
- Multiple surviving natural-person beneficiaries take in EQUAL SHARES with right of survivorship; percentage allocations are not part of the designation
- A beneficiary cannot withdraw until all persons who created the account have died and the beneficiary is then living (a non-natural beneficiary must show proof of legal existence and good standing)
- The account creator keeps full control during life: clause (6) reserves the right to change beneficiaries, change account types, and withdraw all or part of the funds at any time
- The account ownership type, not your will, controls the balance — Texas customers acknowledge this in writing on the statutory account selection form
Sources
Data sourced from Bank OZK primary sources (16 pages reviewed). How we research.
Download these Bank OZK instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Bank OZK primary sources. Bring it to the branch or keep it beside the phone.
Customer Care Center
Bank OZK, P.O. Box 8811, Little Rock, AR 72231
Trust & Wealth (Trust & Estate Services)
Bank OZK Trust & Wealth, 18000 Cantrell Road, Little Rock, AR 72223
Customer Care Center (retail deposit death claims; no separate estate-claims department) / Trust & Wealth for trust-administered accounts
Bank OZK, P.O. Box 8811, Little Rock, AR 72231
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