Estate planning at Affinity Federal
How to protect 14 Affinity Federal accounts — manage beneficiaries online, fund a trust in-branch, and file death claims
Member Service Center
Affinity Federal Credit Union, 73 Mountainview Blvd, Basking Ridge, NJ 07920
Member Service Center
Affinity Federal Credit Union, 73 Mountainview Blvd, Basking Ridge, NJ 07920
Decedent Department
Affinity Federal Credit Union, Attn: Decedent Department, 73 Mountainview Blvd, Basking Ridge, NJ 07920
Affinity Federal offers 14 accounts, each with its own rules for what happens when a member dies. As a membership-based credit union, Affinity Federal headquartered in Basking Ridge, NJ with branches across New Jersey, New York, and Connecticut. Access to nearly 30,000 fee-free ATMs and 5,000+ shared branches nationwide through the CO-OP Network. Some transfer automatically to a named beneficiary, others can be held in a trust, and a few may require probate if no plan is in place.
Beneficiary designations at Affinity Federal can be managed online, in branch, by mail, and by phone, typically taking 10-15 minutes online; 15-30 minutes in branch. Trust funding is also available, allowing families to retitle accounts into the name of a revocable living trust.
There are two sides to estate planning at Affinity Federal: setting things up while you're alive, and the process survivors follow after a death.
Preparing your estate
Beneficiaries and trust funding
How to manage beneficiaries online, fund a trust in-branch, and review 14 account types at Affinity Federal.
View details →When someone dies
Death claim process
4-step process, 9 required documents, and contact information for survivors.
View details →Affinity Federal is not available nationwide. Estate planning procedures may vary by state, so confirm that your location is served before making account changes.
Frequently asked questions
Yes. Affinity provides estate planning tools through a partnership with LegalKarma, accessible via 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, Medical Powers of Attorney, HIPAA Authorizations, Living Wills, and Certifications of Trust. Documents are delivered within 3-5 business days. Complimentary consultation available. 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.
Log in to Affinity Online Banking, go to the Self-Service tab, click on Request Center, then select Account Owners & Beneficiaries. Click +Add an Owner/Beneficiary to complete the beneficiary application. You will need the beneficiary's full name, date of birth, Social Security number, and relationship. Make sure third-party cookies and pop-ups are allowed in your browser when accessing the Request Center. You can also add beneficiaries by visiting any Affinity branch or calling 800-325-0808.
Yes. Affinity members have access to nearly 30,000 fee-free ATMs and over 5,000 shared branches nationwide through the CO-OP Network. Additionally, the High-Yield Checking and Cash Back Plus Checking accounts offer ATM fee refunds up to $25 per month when monthly qualification requirements are met.
Sources
Data sourced from Affinity Federal primary sources (24 pages reviewed). How we research.
Member Service Center
Affinity Federal Credit Union, 73 Mountainview Blvd, Basking Ridge, NJ 07920
Member Service Center
Affinity Federal Credit Union, 73 Mountainview Blvd, Basking Ridge, NJ 07920
Decedent Department
Affinity Federal Credit Union, Attn: Decedent Department, 73 Mountainview Blvd, Basking Ridge, NJ 07920
Estate planning articles
Learn how to protect your Affinity Federal accounts and other assets with trusts, beneficiary designations, and estate planning documents.
