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OverviewPreparing your estateWhen someone dies
OverviewPreparing your estateWhen someone dies
SimplyTrust forms
Letter of Instruction
Home→Financial Institutions→Third Federal→Preparing your estate

How to name beneficiaries and fund a trust at Third Federal

Covers 6 deposit, 2 retirement, 2 lending, and 1 insurance accounts — beneficiaries must be updated in-branch

Third Federal

Subsidiary of TFS Financial Corporation

thirdfederal.com→
T

Customer Care

Phone1-800-844-7333
Mailing Address

Third Federal Savings & Loan, 7007 Broadway Ave., Cleveland, OH 44105

TDD (hearing impaired)
216-429-5160
IRA representatives
1-877-324-5661
Loan Services (deceased borrower: mortgage / home equity)
1-800-844-7333
WebsiteLearn more→

Customer Care

Phone1-800-844-7333
Mailing Address

Third Federal Savings & Loan, 7007 Broadway Ave., Cleveland, OH 44105

TDD (hearing impaired)
216-429-5160
IRA representatives
1-877-324-5661
Loan Services (deceased borrower: mortgage / home equity)
1-800-844-7333
WebsiteLearn more→

Customer Care / Estate Support

Phone1-844-798-7784
Mailing Address

Third Federal Savings & Loan, 7007 Broadway Ave., Cleveland, OH 44105

IRA beneficiary distributions
1-877-324-5661
Loan Services (deceased borrower: mortgage / home equity)
1-800-844-7333
WebsiteNotify online→
Verified Jul 2026

There are two ways to keep your Third Federal 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.

Third Federal has 11 product types, and the estate transfer rules differ across them. Some support Payable on Death (POD) designations, some can be retitled into a trust, and others will require probate if nothing is set up. Each is covered below.

Interest Checking AccountInterest Savings AccountOnline Savings PlusMoney Market Savings AccountCertificate of DepositUniform Transfers to Minors Act (UTMA) Custodial Account
1
Visit an Ohio or Florida branch and ask to add a Payable on Death designation
  • Find a branch at https://www.thirdfederal.com/locations — Third Federal has branches only in Ohio and Florida
  • Third Federal calls the person you name the POD beneficiary, or Recipient Upon Death (RUD), on its records
  • Bring each beneficiary's full legal name and identifying information
2
Sign the updated signature card or POD designation with the bank
  • The designation takes effect when Third Federal has it on its records — a POD named only in your will does not bind the bank
  • On a multiple-party POD account, ALL POD owners must sign to change or delete a beneficiary, even though any single owner can deposit or withdraw

Required Documents

  • Trust name, date established, and tax ID (EIN or SSN)

Special Requirements

  • Third Federal does not offer online beneficiary management — POD changes are made by phone or at a branch
  • On a multiple-party POD account, every POD owner must sign to change or remove a beneficiary (any one owner can deposit or withdraw, but not change beneficiaries alone)
  • Funds are not available to the beneficiary until the death of ALL POD owners; if no beneficiary survives the owners, the money goes to the estate of the last surviving owner and through probate
  • A POD designation made on a NOW account (Interest Checking, Online Savings Plus) by a Florida resident at a Florida branch is governed by Florida law, including Fla. Stat. section 655.82
  • Third Federal expressly refuses tenants-by-the-entireties titling on Florida joint accounts between spouses — a Florida couple relying on entireties protection should confirm the account's actual titling
  • IRA beneficiaries are set on the IRA agreement; a deposit-account POD form has no effect on an IRA
SimplyTrustSimplyTrust Editorial·Updated July 12, 2026

Sources

  • thirdfederal.com
  • banks.data.fdic.gov

Data sourced from Third Federal primary sources (15 pages reviewed). How we research.

Download these Third Federal instructions

Download instructions for the whole estate→

A printable PDF with the steps, required documents, and contact details — verified against Third Federal primary sources. Bring it to the branch or keep it beside the phone.

Third Federal

Subsidiary of TFS Financial Corporation

thirdfederal.com→
T

Customer Care

Phone1-800-844-7333
Mailing Address

Third Federal Savings & Loan, 7007 Broadway Ave., Cleveland, OH 44105

TDD (hearing impaired)
216-429-5160
IRA representatives
1-877-324-5661
Loan Services (deceased borrower: mortgage / home equity)
1-800-844-7333
WebsiteLearn more→

Customer Care

Phone1-800-844-7333
Mailing Address

Third Federal Savings & Loan, 7007 Broadway Ave., Cleveland, OH 44105

TDD (hearing impaired)
216-429-5160
IRA representatives
1-877-324-5661
Loan Services (deceased borrower: mortgage / home equity)
1-800-844-7333
WebsiteLearn more→

Customer Care / Estate Support

Phone1-844-798-7784
Mailing Address

Third Federal Savings & Loan, 7007 Broadway Ave., Cleveland, OH 44105

IRA beneficiary distributions
1-877-324-5661
Loan Services (deceased borrower: mortgage / home equity)
1-800-844-7333
WebsiteNotify online→
Verified Jul 2026

Estate planning articles

Learn how to protect your Third Federal accounts and other assets with trusts, beneficiary designations, and estate planning documents.

When you're ready, we're here.

A revocable living trust skips probate, stays private, and takes 15 minutes.

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Estate planning articles

Learn how to protect your Third Federal accounts and other assets with trusts, beneficiary designations, and estate planning documents.

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Marriage

What married couples need in place: one joint trust or two, wills, beneficiary updates, and the spousal rights your state grants you automatically.

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New Home

New Home

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Retirement

Retirement

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