How to name beneficiaries and fund a trust at Ledyard Bank
Covers 9 deposit, and 2 retirement accounts — beneficiaries must be updated in-branch
Customer Service
Phone603-643-2244
Toll-Free1-888-746-4562
Mailing Address
Ledyard Bank, 66 Benning Street, Suite 5, West Lebanon, NH 03784
WebsiteLearn more→
Ledyard Wealth Management — Investment and Trust Services Division (fiduciary / corporate trustee)
Phone603-643-0044
Mailing Address
Ledyard Bank Wealth Management, 38 S. Main Street, Hanover, NH 03755
Scott Coulter, SVP Chief Wealth Planning Officer
WebsiteLearn more→
Client Support Team (deceased account holders)
Phone603-643-2244
Toll-Free1-888-746-4562
Fax603-643-7464
Mailing Address
Ledyard Bank, 66 Benning Street, Suite 5, West Lebanon, NH 03784
WebsiteNotify online→
Verified Jul 2026
The key to protecting your Ledyard 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 11 product types, Ledyard 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.
Gold CheckingPlatinum CheckingUltimate Gold CheckingPlatinum SavingsStatement SavingsPersonal Money MarketPlatinum Money MarketCertificate of Deposit (CD)Health Savings Account (HSA)
1
Visit any Ledyard Bank branch with government-issued photo ID
2
Request a POD (Payable on Death) beneficiary designation form for deposit accounts or a beneficiary designation form for IRA accounts
3
Provide beneficiary details:
- Full legal name, date of birth, Social Security number, and relationship
- Designate primary and contingent beneficiaries
- Specify percentage allocation if naming multiple beneficiaries
4
Sign and submit the completed form
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD designations available for deposit accounts (checking, savings, money market, CDs)
- A POD beneficiary at Ledyard cannot withdraw until 90 days after the death of the last surviving account owner, and must be living at that point (Consumer Account Disclosure). Anyone who needs their heirs to reach cash sooner should hold the account jointly with survivorship or title it in a revocable trust.
- Two or more surviving POD beneficiaries take the account in EQUAL SHARES without right of survivorship — an unequal split cannot be achieved with a POD designation
- Ledyard applies separate New Hampshire and Vermont ownership rule sets; the Vermont set adds a condition that no probate court order or personal representative process has been served on the bank during the 90-day window
- A revocable trust or POD account created by two or more owners is held jointly WITH survivorship between those owners
- IRA beneficiary designations are separate from POD designations on deposit accounts
- Online beneficiary designation is not available; visit a branch or call 1-888-746-4562 to request forms
Sources
Data sourced from Ledyard Bank primary sources (15 pages reviewed). How we research.
Download these Ledyard Bank instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Ledyard Bank primary sources. Bring it to the branch or keep it beside the phone.
Customer Service
Phone603-643-2244
Toll-Free1-888-746-4562
Mailing Address
Ledyard Bank, 66 Benning Street, Suite 5, West Lebanon, NH 03784
WebsiteLearn more→
Ledyard Wealth Management — Investment and Trust Services Division (fiduciary / corporate trustee)
Phone603-643-0044
Mailing Address
Ledyard Bank Wealth Management, 38 S. Main Street, Hanover, NH 03755
Scott Coulter, SVP Chief Wealth Planning Officer
WebsiteLearn more→
Client Support Team (deceased account holders)
Phone603-643-2244
Toll-Free1-888-746-4562
Fax603-643-7464
Mailing Address
Ledyard Bank, 66 Benning Street, Suite 5, West Lebanon, NH 03784
WebsiteNotify online→
Verified Jul 2026
Estate planning articles
Learn how to protect your Ledyard Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
