How to name beneficiaries and fund a trust at Beacon Bank
Covers 13 deposit, 3 retirement, and 4 lending accounts — beneficiaries must be updated in-branch
Beacon Bank Customer Service
Phone(800) 698-2265
Mailing Address
Beacon Bank Retail Loan Servicing, P.O. Box 1308, Pittsfield, MA 01202-1308
Telephone Banking (24/7 automated)
WebsiteLearn more→
Beacon Bank Customer Service
Phone(800) 698-2265
Mailing Address
Beacon Bank Retail Loan Servicing, P.O. Box 1308, Pittsfield, MA 01202-1308
Telephone Banking (24/7 automated)
WebsiteLearn more→
Beacon Bank Customer Service
Phone(800) 698-2265
Mailing Address
Beacon Bank Retail Loan Servicing, P.O. Box 1308, Pittsfield, MA 01202-1308
Verified May 2026
Preparing your Beacon Bank accounts for estate transfer involves two primary strategies: designating beneficiaries on individual accounts and, where supported, retitling accounts into a revocable living trust. Both approaches bypass probate, but they work differently depending on the account type.
The transfer rules at Beacon Bank vary across 20 accounts. Below is a breakdown of beneficiary options, trust funding, and which products support each method.
Beacon One CheckingFree CheckingChecking PlusPremium CheckingBank On CheckingStudent CheckingBeacon One SavingsPersonal SavingsRelationship SavingsBeacon One Money MarketPersonal Money MarketRelationship Money MarketBeacon One Certificate of Deposit
1
Visit any Beacon Bank branch with valid government-issued photo ID
2
Request to add a POD (Payable on Death) beneficiary to your deposit account
3
Provide beneficiary details:
- Full legal name and identifying information for each beneficiary
- Percentage allocations if naming multiple beneficiaries
- For IRA accounts, complete separate beneficiary designation paperwork
4
Sign updated account documentation
5
Request a copy of the updated designation for your records
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- Beneficiary changes are typically handled in branch with signed documentation
- IRA beneficiary designations are handled separately from deposit account POD designations
- Joint account holders may need to agree on beneficiary designations
Beacon Bank Customer Service
Phone(800) 698-2265
Mailing Address
Beacon Bank Retail Loan Servicing, P.O. Box 1308, Pittsfield, MA 01202-1308
Telephone Banking (24/7 automated)
WebsiteLearn more→
Beacon Bank Customer Service
Phone(800) 698-2265
Mailing Address
Beacon Bank Retail Loan Servicing, P.O. Box 1308, Pittsfield, MA 01202-1308
Telephone Banking (24/7 automated)
WebsiteLearn more→
Beacon Bank Customer Service
Phone(800) 698-2265
Mailing Address
Beacon Bank Retail Loan Servicing, P.O. Box 1308, Pittsfield, MA 01202-1308
Verified May 2026
Estate planning articles
Learn how to protect your Beacon Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
