How to name beneficiaries and fund a trust at Enterprise Bank
Covers 6 deposit, 2 retirement, and 2 lending accounts — beneficiaries must be updated in-branch
Customer Information Center (Rockland Trust)
Phone508-732-7072
Mailing Address
Rockland Trust, 288 Union Street, Rockland, MA 02370
Business Banking
Telephone Banking Setup
WebsiteLearn more→
Rockland Trust Investment Management Group
Phone508-732-7072
Mailing Address
Rockland Trust, 288 Union Street, Rockland, MA 02370
WebsiteLearn more→
Death Claims and Estate Services (Rockland Trust)
Phone508-732-7072
Mailing Address
Rockland Trust, 288 Union Street, Rockland, MA 02370
Verified Apr 2026
The key to protecting your Enterprise 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 10 product types, Enterprise 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.
Free Checking (now Rockland Trust Checking)Simplicity Consumer Checking (now Rockland Trust Checking)Simplicity Consumer Savings (now Rockland Trust Savings)Enterprise Money Market (now Rockland Trust Money Market)Certificate of Deposit (now Rockland Trust CD)Health Savings Account (HSA)
1
Visit any Rockland Trust branch (including former Enterprise Bank locations) with a valid government-issued photo ID.
2
Request to add or update a Payable on Death (POD) beneficiary designation:
- Provide beneficiary full legal name, date of birth, and Social Security number
- Specify relationship to account holder
- Designate primary and contingent beneficiaries with percentage allocations totaling 100%
3
Sign the completed POD beneficiary designation form.
4
Keep a copy of the signed form for your records.
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD designations override any contrary provisions in a will.
- IRA beneficiary designations require a separate form from the POD form used for deposit accounts.
- Named beneficiaries have no rights to the account during the account owner's lifetime.
- For joint accounts, the POD designation typically takes effect only after all joint owners have died.
- Existing Enterprise Bank POD designations remained in effect through the Rockland Trust transition. Contact Rockland Trust at 508-732-7072 to confirm designations are properly recorded.
Customer Information Center (Rockland Trust)
Phone508-732-7072
Mailing Address
Rockland Trust, 288 Union Street, Rockland, MA 02370
Business Banking
Telephone Banking Setup
WebsiteLearn more→
Rockland Trust Investment Management Group
Phone508-732-7072
Mailing Address
Rockland Trust, 288 Union Street, Rockland, MA 02370
WebsiteLearn more→
Death Claims and Estate Services (Rockland Trust)
Phone508-732-7072
Mailing Address
Rockland Trust, 288 Union Street, Rockland, MA 02370
Verified Apr 2026
Estate planning articles
Learn how to protect your Enterprise Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
