What to do when a Advantis account holder dies
Contact Advantis — 5-step process, 7 required documents, and 5-10 business days after all documentation is received, though complex estates may take longer
Brand change
Advantis Credit Union legally merged into Rivermark Community Credit Union on October 1, 2024, assuming Rivermark's charter. Member systems unified March 4, 2025, and the combined entity now operates fully as Rivermark Community Credit Union. Former Advantis accounts and estate/deceased-member servicing run on the Rivermark platform; contact Rivermark at 503-626-6600 or 800-452-8502. The advantiscu.org domain redirects to rivermarkcu.org. Effective October 2024.
The procedures below reflect Advantis's accounts. Account servicing may transfer as the change takes effect.
Rivermark Member Services
Rivermark Community Credit Union, 14405 Meyers Rd, Oregon City, OR 97045
Rivermark Member Services
Rivermark Community Credit Union, 14405 Meyers Rd, Oregon City, OR 97045
Rivermark Deceased Member Services
Rivermark Community Credit Union, 14405 Meyers Rd, Oregon City, OR 97045
After a member of Advantis dies, the Rivermark Deceased Member Services manages the transfer of accounts. POD-designated and trust-owned accounts pass directly to beneficiaries. Accounts held solely in the member's name may require probate court documents—Letters Testamentary or Letters of Administration—before funds can be released.
Death claims at Advantis can be started through an online portal, which streamlines the initial notification and document upload. Phone and mail options are also available.
Deposit, investment & retirement accounts
Follow these steps to file a death claim with Advantis:
Filing a claim
- Certified copy of the death certificate
- Valid government-issued photo ID for the claimant
- For accounts with POD beneficiary: provide the death certificate and beneficiary ID to claim funds directly
- For joint accounts with right of survivorship: provide the death certificate; surviving owner retains access to the account
- For accounts without beneficiary or survivorship: obtain Letters Testamentary, Letters of Administration, or a Small Estate Affidavit from the court and provide along with the executor or administrator's ID
Required Documents
- Certified copy of the death certificate
- Valid government-issued photo ID for the claimant (beneficiary, executor, or administrator)
- Account information for the deceased (account numbers if available)
- For accounts without beneficiary: Letters Testamentary or Letters of Administration from the court
- For small estates: Small Estate Affidavit as permitted under applicable state law (Oregon ORS 114.510-114.515 allows a simple/small estate affidavit when no more than $75,000 of the estate is personal property and no more than $200,000 is real property)
- For trust accounts: trust documentation including successor trustee provisions and trustee ID
- For IRA accounts: IRA beneficiary claim forms and applicable distribution election forms
What to know at this institution
Visiting a local branch is the most direct way to initiate the estate settlement process. Contact Rivermark at 503-626-6600 (toll-free 800-452-8502) or visit rivermarkcu.org/discover/contact-us to begin the deceased member notification process. For accounts held by Washington residents, specific community property state laws may affect the disposition of jointly held or community property assets.
Mortgage and home lending
Mortgages and home equity loans are liabilities, not assets. They do not have beneficiaries and cannot be retitled to a trust. When a borrower dies, the loan obligation transfers with the property to whoever inherits it. Under the federal Garn-St. Germain Act, the lender cannot accelerate the loan or call it due when the property transfers to a surviving spouse, child, or the borrower’s revocable trust.
- Deceased borrower's full legal name and loan number
- Certified copy of the death certificate
- Continue making payments on the existing loan
- Assume the loan
- Refinance in your own name
- Pay off the remaining balance
Required Documents
- Certified copy of the death certificate
- Government-issued photo ID for the heir or personal representative
- Completed Successor in Interest form (obtained from the credit union)
- Documentation proving ownership interest in the property: probated will, court order, recorded deed, or trust document showing you as successor trustee or beneficiary
- Letters Testamentary or Letters of Administration (if going through probate)
- Marriage certificate (if surviving spouse)
What to know at this institution
Under the federal Garn-St. Germain Depository Institutions Act (12 U.S.C. § 1701j-3), the credit union cannot enforce a due-on-sale clause when the property transfers to a surviving spouse, child, relative upon death, or the borrower's revocable living trust. Confirmed Successors in Interest are treated as borrowers under CFPB mortgage servicing rules.
Prepare your letter of instruction to Advantis
Advantis accepts a claimant-drafted letter of instruction. We draft it for you — addressed to Advantis's verified claims department, with the documents it requires enclosed.
Build your letter of instructionExpected timelines at Advantis: 5-10 business days after all documentation is received, though complex estates may take longer. Delays are almost always caused by incomplete paperwork—gathering all required documents before filing the initial claim helps avoid back-and-forth.
Documentation required by Advantis includes Certified copy of the death certificate, Valid government-issued photo ID for the claimant (beneficiary, executor, or administrator), and Account information for the deceased (account numbers if available), along with additional paperwork that varies by account type. All death certificates and court documents must be certified copies.
Frequently asked questions
When a member with a POD (Payable on Death) designation dies, the named beneficiary can claim the account funds by visiting a branch with a certified copy of the death certificate and a valid government-issued photo ID. POD accounts bypass the probate process and pass directly to the named beneficiary.
Visit any Rivermark or Advantis branch with a valid government-issued photo ID and request a POD designation on your deposit accounts. You will need to provide the beneficiary's full legal name, date of birth, Social Security number, and relationship. You can also call Rivermark at 503-626-6600 to request the necessary forms by mail. POD designations bypass probate and transfer the account balance directly to the named beneficiary upon your death.
When an IRA account holder dies, the named beneficiary should contact Rivermark at 503-626-6600 or visit a branch with a certified copy of the death certificate and valid government-issued photo ID. The beneficiary will need to complete an IRA beneficiary claim form and select a distribution option. Distribution rules depend on the beneficiary's relationship to the deceased and the type of IRA (Traditional or Roth). Non-spouse beneficiaries are generally subject to the 10-year distribution rule under the SECURE Act.
For joint accounts with right of survivorship (WROS), the surviving account owner retains full access to the account. The surviving owner should notify Rivermark by visiting a branch or calling 503-626-6600 and provide a certified copy of the death certificate. The deceased owner's name will be removed from the account. No probate is required for joint WROS accounts.
Advantis's Rivermark Deceased Member Services can be reached by phone at 503-626-6600 for questions throughout the claims process.
When the deceased had multiple Advantis accounts, some may need separate claims while others can be handled together. The Rivermark Deceased Member Services can clarify what's needed for each account type.
Sources
Data sourced from Advantis primary sources (24 pages reviewed). How we research.
Rivermark Member Services
Rivermark Community Credit Union, 14405 Meyers Rd, Oregon City, OR 97045
Rivermark Member Services
Rivermark Community Credit Union, 14405 Meyers Rd, Oregon City, OR 97045
Rivermark Deceased Member Services
Rivermark Community Credit Union, 14405 Meyers Rd, Oregon City, OR 97045
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