Estate planning at Affinity Federal

Log in to Online Banking, go to the Self-Service tab, click on Request Center, select Account Owners & Beneficiaries, and click +Add an Owner/Beneficiary. Complete the application with the beneficiary's full name, date of birth, Social Security number, and relationship. You can also visit any Affinity branch or call 800-325-0808 to add beneficiaries. IRA accounts require a separate IRA Beneficiary Designation form.

Yes. Bring your trust agreement or certification of trust to any Affinity branch along with government-issued ID for all trustees and the trust's Tax ID Number. Existing accounts can be retitled into the trust name, or new accounts can be opened in the trust name. Affinity also offers an online estate planning tool through Online Banking at estateplanning.affinityfcu.com that generates trust documents, Pour-over Wills, Powers of Attorney, and other estate planning documents within 3-5 business days.

Yes. Affinity provides estate planning tools through Online Banking at estateplanning.affinityfcu.com. Available packages include a Will Package ($299 single / $349 couple) and a Living Trust Package ($699 single / $899 joint). Documents include Revocable Trusts, Pour-over Wills, Last Wills, Powers of Attorney, Advance Health Directives, HIPAA Authorizations, and Certifications of Trust. Additionally, Affinity Investment Services (through LPL Financial) offers retirement planning, estate planning, and wealth management advisory services.

Funding a revocable trust is the process of transferring assets from your individual name into the trust's name. At Affinity, this means retitling checking, savings, money market, and certificate accounts into the trust name. You remain the trustee with full control of the accounts. This step ensures the trust works as designed and that assets avoid probate. Visit any Affinity branch with your trust agreement or certification of trust to retitle accounts.

Affinity offers three IRA account types, each available as Traditional or Roth IRA: IRA Accumulator Savings (no minimum deposit or balance, competitive dividend rates), IRA Certificate (fixed-rate, $500 minimum, terms from one month to five years), and IRA Money Manager (tiered rates, no minimum). Annual contribution limits are $7,500 (under age 50) and $8,600 (age 50+). Beneficiaries are designated via a separate IRA Beneficiary Designation form. IRAs cannot be retitled to trust accounts.

Affinity offers three checking accounts: Cash Back Debit Checking (1% cash back on purchases, up to $120/year), Cash Back Plus Checking (up to 10% cash back, ATM fee refunds up to $25/month), and High-Yield Checking (5.50% APY on balances up to $15,000, ATM fee refunds). Cash Back Plus and High-Yield Checking require 12+ monthly debit card purchases, a $250+ direct deposit or ACH credit, and eStatement enrollment to qualify for rewards. All checking accounts can be retitled to a trust or have POD beneficiaries added.