Once your cooperative has established a FAS-106 Trust and is ready to begin investing with Homestead Funds, you will need to complete the FAS-106 Account Application to open the account.
Homestead Funds FAS-106 Account Setup Pro Tips
The account must be tied to the FAS-106 Trust Tax Identification Number.
Opt in for telephone transactions on the application. This allows any Trustee to request distributions and exchanges over the phone with us (purchases are automatically allowed). Otherwise, these requests must be submitted in writing and signed by a Trustee. Distribution requests in writing may use the FAS-106 Distribution Request Form.
All mailings will be sent to the cooperative address. You can request that Trustees receive a duplicate copy of the quarterly statement and confirmation statements by completing that section of the application.
Provide cooperative-owned bank account information on the form to expedite FAS-106 transactions.
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