How to name beneficiaries and fund a trust at Happen Bank
Covers 3 deposit, and 1 lending accounts — beneficiaries can be managed online
Brand change
LendingClub Bank, N.A. rebranded to Happen Bank, N.A. (holding company LendingClub Corporation became Happen, Inc.). Same legal entity, same national bank charter, same FDIC coverage — new name. lendingclub.com 301-redirects to happen.com, and the bank's deposit forms now carry the "Happen Bank, N.A." mark. The customer service line (800-242-0272), the Boston PO Box, and all account products and estate procedures are unchanged. Effective June 2026.
The procedures below reflect Happen Bank's accounts. Account servicing may transfer as the change takes effect.
Happen Bank Customer Service (Checking, Savings, CDs)
Phone800-242-0272
Mailing Address
Happen Bank, N.A., ATTN: Customer Service, PO Box 55063, Boston, MA 02205-5063
Personal Loan Servicing (Mon-Fri 5AM-5PM PT, Sat 8AM-5PM PT)
Debit/ATM Card Activation
WebsiteLearn more→
Happen Bank Customer Service (trust and estate account opening)
Phone800-242-0272
Mailing Address
Happen Bank, N.A., ATTN: Customer Service, PO Box 55063, Boston, MA 02205-5063
WebsiteLearn more→
Happen Bank Customer Service (deceased account holder)
Phone800-242-0272
Mailing Address
Happen Bank, N.A., ATTN: Customer Service, PO Box 55063, Boston, MA 02205-5063
Deceased borrower / personal loan claim against the estate
WebsiteNotify online→
Verified Jul 2026
Estate planning for your Happen Bank accounts starts with understanding how each one transfers at death. Beneficiary designations and trust retitling both bypass probate, but the right approach depends on the account type, your tax situation, and how much control you want over distributions.
Happen Bank offers 4 accounts, each with its own transfer rules. The sections below cover how to set up beneficiaries, fund a trust, and which products support each approach.
LevelUp CheckingLevelUp SavingsCertificate of Deposit
1
Log in at happen.com or open the Happen Bank app
2
Open the beneficiary panel:
- From your Dashboard, select Accounts
- Select the account you want to add a beneficiary to
- Under Available Balance, click the arrow next to Details
- Select the Add Beneficiary icon
3
Select Add New Beneficiary
4
Fill out the beneficiary's information, then click Review to submit
5
Note the deposit agreement's default: if you name more than one POD beneficiary they take in EQUAL shares and WITHOUT right of survivorship — the online flow does not let you set percentages
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- The Add Beneficiary / POD Designee Form takes a single individual — name, SSN, date of birth, address, phone. There is no percentage field and no trust-entity field, so naming a TRUST as the POD payee requires calling 800-242-0272 rather than filing the standard form.
- Multiple POD beneficiaries take in EQUAL shares and WITHOUT right of survivorship (deposit agreement) — if one predeceases the account holder, their share does not roll to the surviving beneficiaries
- A POD beneficiary cannot withdraw until (1) all persons who created the account have died and (2) the beneficiary is then living
- The bank expressly reserves the right to refuse some forms of ownership and beneficiary designation, and makes no representations as to the appropriateness or legal effect of any designation except as it determines whom it pays
- Any PLEDGE of the account must be satisfied BEFORE the rights of a surviving joint owner or POD beneficiary take effect
- On a joint POD account, the surviving joint owner takes first — the beneficiaries only take after every account creator has died
Sources
Data sourced from Happen Bank primary sources (16 pages reviewed). How we research.
Download these Happen Bank instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Happen Bank primary sources. Bring it to the branch or keep it beside the phone.
Happen Bank Customer Service (Checking, Savings, CDs)
Phone800-242-0272
Mailing Address
Happen Bank, N.A., ATTN: Customer Service, PO Box 55063, Boston, MA 02205-5063
Personal Loan Servicing (Mon-Fri 5AM-5PM PT, Sat 8AM-5PM PT)
Debit/ATM Card Activation
WebsiteLearn more→
Happen Bank Customer Service (trust and estate account opening)
Phone800-242-0272
Mailing Address
Happen Bank, N.A., ATTN: Customer Service, PO Box 55063, Boston, MA 02205-5063
WebsiteLearn more→
Happen Bank Customer Service (deceased account holder)
Phone800-242-0272
Mailing Address
Happen Bank, N.A., ATTN: Customer Service, PO Box 55063, Boston, MA 02205-5063
Deceased borrower / personal loan claim against the estate
WebsiteNotify online→
Verified Jul 2026
Estate planning articles
Learn how to protect your Happen Bank accounts and other assets with trusts, beneficiary designations, and estate planning documents.
