How to name beneficiaries and fund a trust at First Savings
Covers 13 deposit, 2 retirement, and 4 lending accounts — beneficiaries must be updated in-branch
Brand change
First Savings Bank merged into First Merchants Bank effective February 1, 2026. The First Savings brand is being phased out as system integration completes during Q2 2026. Effective February 2026.
First Savings is now part of First Merchants. The procedures below reflect First Savings's accounts during the transition. View the First Merchants estate planning page.
First Merchants Customer Service (legacy First Savings Customer First transition line still active)
First Merchants Bank, PO Box 549, Daleville, IN 47334 (general correspondence); legacy branch HQ: 702 North Shore Drive, Jeffersonville, IN 47130
First Merchants Customer Service / Estate Servicing
First Merchants Bank, PO Box 549, Daleville, IN 47334 (general correspondence)
There are two ways to keep your First Savings 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.
Each of First Savings's 19 accounts has different rules for how it transfers at death. The sections below explain the options for each.
- Each beneficiary's full legal name and date of birth
- Percentage allocations if naming multiple beneficiaries
- For IRA accounts, complete separate beneficiary designation paperwork
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
- Indiana does not require Medallion Signature Guarantee for POD changes at the bank where the account is held; bring valid photo ID
Sources
Data sourced from First Savings primary sources (12 pages reviewed). How we research.
Download these First Savings instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against First Savings primary sources. Bring it to the branch or keep it beside the phone.
First Merchants Customer Service (legacy First Savings Customer First transition line still active)
First Merchants Bank, PO Box 549, Daleville, IN 47334 (general correspondence); legacy branch HQ: 702 North Shore Drive, Jeffersonville, IN 47130
First Merchants Customer Service / Estate Servicing
First Merchants Bank, PO Box 549, Daleville, IN 47334 (general correspondence)
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