FAS-106 Account – Transactions

Co-op Account Management

How do I fund the FAS-106 Account?

FAS-106 accounts may be funded by indicating your investment method on the FAS-106 Account Application. Money can be submitted to Homestead Funds by check, ACH transfer or wire transfer. Please call 800.258.3030 for wire instructions.

How do I rebalance or move money between funds in our FAS-106 account?

Account rebalances or fund exchanges can be made over the phone by a Trustee of the FAS-106 account if telephone exchange was elected on the application. If your cooperative does not allow telephone exchanges, your request must come in writing. You may update your telephone transaction options at any time by submitting the FAS-106 Account Maintenance Form. Note: You may not make any fund exchanges online.

How do I request a distribution from our FAS-106 account?

Account distributions by check, ACH transfer or wire transfer can be made over the phone by a Trustee of the FAS-106 account if telephone distribution was elected on the application. If your cooperative does not allow telephone distributions, you must complete the FAS-106 Distribution Request Form. The distribution form must:

  • Be signed by a Trustee of the FAS-106 account on file with Homestead Funds
  • Be notarized
  • Be received by mail using either mailing address at the top of page one of the form

If you instruct us to send proceeds to an address, party or bank account that we do not have on file, the Trustee’s signature must be Medallion Signature Guaranteed on the distribution form. You may update your telephone transaction options at any time by completing the FAS-106 Account Maintenance Form.

Note: You may not make any distributions online.


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