How to name beneficiaries and fund a trust at Amplify CU
Covers 5 deposit, 2 retirement, and 12 lending accounts — beneficiaries must be updated in-branch
Amplify Credit Union Member Services
Amplify Credit Union, PO Box 85300, Austin, TX 78708-5300
Member Services / Estate Care
Amplify Credit Union, PO Box 85300, Austin, TX 78708-5300
Member Services / Estate Care
Amplify Credit Union, PO Box 85300, Austin, TX 78708-5300
Estate planning at Amplify CU means getting each account set up so it transfers automatically when you die—either through a POD beneficiary or trust ownership. Because Amplify CU 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.
Amplify CU has 19 product types, and the estate transfer rules differ across them. Some support Payable on Death (POD) designations, some can be retitled into a trust, and others will require probate if nothing is set up. Each is covered below.
- Each beneficiary's full legal name and identifying information
- Percentage allocations if naming multiple beneficiaries
- For IRA accounts, complete separate beneficiary designation paperwork
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- Beneficiary changes may require signed documentation in branch or via virtual banker
- IRA beneficiary designations are handled separately from deposit account POD designations
- Joint account holders may need to agree on beneficiary designations
Sources
Data sourced from Amplify CU primary sources (35 pages reviewed). How we research.
Download these Amplify CU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Amplify CU primary sources. Bring it to the branch or keep it beside the phone.
Amplify Credit Union Member Services
Amplify Credit Union, PO Box 85300, Austin, TX 78708-5300
Member Services / Estate Care
Amplify Credit Union, PO Box 85300, Austin, TX 78708-5300
Member Services / Estate Care
Amplify Credit Union, PO Box 85300, Austin, TX 78708-5300
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