How to name beneficiaries and fund a trust at Maine Savings FCU
Covers 10 deposit, 3 retirement, and 5 lending accounts — beneficiaries must be updated in-branch
Member Service Center
Phone1-207-862-6500
Toll-Free1-800-273-6700
Fax207-862-6502
Mailing Address
Maine Savings Federal Credit Union, PO Box 347, Hampden, ME 04444
Text
Lost/Stolen Credit Card (after hours)
Card Activation / PIN Selection
Lost/Stolen Debit Card
Financial Planning (LPL Financial)
WebsiteLearn more→
Member Service Center
Phone1-207-862-6500
Toll-Free1-800-273-6700
Fax207-862-6502
Mailing Address
Maine Savings Federal Credit Union, PO Box 347, Hampden, ME 04444
Text
Lost/Stolen Credit Card (after hours)
Card Activation / PIN Selection
Lost/Stolen Debit Card
Financial Planning (LPL Financial)
WebsiteLearn more→
Death Claims / Member Service Center
Phone1-207-862-6500
Toll-Free1-800-273-6700
Fax207-862-6502
Mailing Address
Maine Savings Federal Credit Union, PO Box 347, Hampden, ME 04444
Verified Apr 2026
Preparing your Maine Savings FCU accounts for estate transfer involves two key steps: designating beneficiaries on each account and, where appropriate, retitling accounts into a trust. Because Maine Savings FCU is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Accounts with Payable on Death designations or trust ownership bypass probate entirely.
The transfer rules at Maine Savings FCU vary across 18 accounts. Below is a breakdown of beneficiary options, trust funding, and which products support each method.
RedWallet Cash Back CheckingRedWallet Cash CheckingRedWallet Classic CheckingStandard Savings (Share)RedWallet SaverClub AccountMoney Market AccountShare CertificateElevate CertificateHealth Savings Account
1
Visit any Maine Savings branch with government-issued photo ID
2
Request a POD (Payable on Death) beneficiary designation for deposit accounts
3
Provide beneficiary information:
- Full legal name
- Date of birth
- Social Security number
- Relationship to account owner
4
Specify primary and contingent beneficiaries with percentage allocations
5
Both account owners must sign the form for joint accounts
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD designation available for deposit accounts (checking, savings, money market, certificates)
- IRA beneficiary designations are separate from deposit account POD designations
- Beneficiary does not need to be present
- Changes require signatures of all living account owners
- Beneficiary forms are not available for download online; forms are completed in branch or sent by the Member Service Center upon request
Member Service Center
Phone1-207-862-6500
Toll-Free1-800-273-6700
Fax207-862-6502
Mailing Address
Maine Savings Federal Credit Union, PO Box 347, Hampden, ME 04444
Text
Lost/Stolen Credit Card (after hours)
Card Activation / PIN Selection
Lost/Stolen Debit Card
Financial Planning (LPL Financial)
WebsiteLearn more→
Member Service Center
Phone1-207-862-6500
Toll-Free1-800-273-6700
Fax207-862-6502
Mailing Address
Maine Savings Federal Credit Union, PO Box 347, Hampden, ME 04444
Text
Lost/Stolen Credit Card (after hours)
Card Activation / PIN Selection
Lost/Stolen Debit Card
Financial Planning (LPL Financial)
WebsiteLearn more→
Death Claims / Member Service Center
Phone1-207-862-6500
Toll-Free1-800-273-6700
Fax207-862-6502
Mailing Address
Maine Savings Federal Credit Union, PO Box 347, Hampden, ME 04444
Verified Apr 2026
Estate planning articles
Learn how to protect your Maine Savings FCU accounts and other assets with trusts, beneficiary designations, and estate planning documents.
