How to name beneficiaries and fund a trust at American Heritage
Covers 16 deposit, and 3 retirement accounts — beneficiaries can be managed online
American Heritage Credit Union, 2060 Red Lion Rd, Philadelphia, PA 19115
Account Services Department
American Heritage Credit Union, Attn: Account Services Department, 2060 Red Lion Rd, Philadelphia, PA 19115
Account Services Department
American Heritage Credit Union, Attn: Account Services Department, 2060 Red Lion Rd, Philadelphia, PA 19115
Estate planning at American Heritage means getting each account set up so it transfers automatically when you die—either through a POD beneficiary or trust ownership. Because American Heritage is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Without one of these in place, accounts may require probate before your family can access the funds.
Across 19 product types, American Heritage accounts vary in how they transfer at death. The sections below walk through Payable on Death (POD) designations, trust funding options, and which products support each method.
- Full name, date of birth, Social Security number, and relationship
- Percentage allocation if naming multiple beneficiaries
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD designations available on checking, savings, money market, and certificate accounts
- IRA accounts use a separate beneficiary designation form
- Disbursement of an IRA varies depending on whether a beneficiary was elected and the relationship of the beneficiary
- IRA accounts closed without early withdrawal penalty upon death; funds disbursed to Beneficiary IRA account(s)
- POD accounts are NCUA-insured separately up to $250,000 per beneficiary
- Changes can be made at any time by submitting a new form
- Online forms processed via DocuSign electronic signature
Sources
Data sourced from American Heritage primary sources (12 pages reviewed). How we research.
Download these American Heritage instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against American Heritage primary sources. Bring it to the branch or keep it beside the phone.
American Heritage Credit Union, 2060 Red Lion Rd, Philadelphia, PA 19115
Account Services Department
American Heritage Credit Union, Attn: Account Services Department, 2060 Red Lion Rd, Philadelphia, PA 19115
Account Services Department
American Heritage Credit Union, Attn: Account Services Department, 2060 Red Lion Rd, Philadelphia, PA 19115
Estate planning articles
Learn how to protect your American Heritage accounts and other assets with trusts, beneficiary designations, and estate planning documents.
Is this your situation?
Get a complete guide for your specific circumstances.
New Baby or Adoption
Your family is growing. Your protection should too. Guardian nominations, trusts for minors, beneficiary updates, and the documents new parents need in place.
Learn more
Marriage
What married couples need in place: one joint trust or two, wills, beneficiary updates, and the spousal rights your state grants you automatically.
Learn more
New Home
How to put your house in a revocable trust: the deed you record, what it does to your mortgage and property taxes, and when a TOD deed is simpler.
Learn more
Retirement
Retirement changes your financial picture. Healthcare directives, beneficiary reviews, long-term care planning, and protecting what you've built.
Learn moreMore estate planning resources
Explore related tools and documents to complete your estate plan.
How Much Does Probate Cost?
Estimate attorney fees, executor fees, court costs, and timeline for probating an estate in your state. See if the estate qualifies for simplified probate procedures.
Who Inherits Without a Will?
Find out who inherits your estate and how much they get if you die without a will. Based on your state's intestate succession laws.
How Much Are Estate & Inheritance Taxes?
Calculate federal estate tax, state estate tax (12 states + DC), and inheritance tax (5 states) for an estate or trust.
What Does Estate Planning Actually Cost?
See the true cost of estate planning. Compare SimplyTrust, Trust & Will, LegalZoom, and attorneys including life events like marriage, divorce, and having children.
How Much Does a Revocable Living Trust Cost?
Compare the cost of creating a revocable living trust. See how SimplyTrust, Trust & Will, LegalZoom, and attorneys compare over 5 years including life events.
How Much Does a Will Cost?
Compare the cost of creating a will. See document costs plus probate fees your heirs will pay. Compare SimplyTrust, Trust & Will, LegalZoom, and attorneys.
