How to name beneficiaries and fund a trust at Andrews FCU
Beneficiaries are managed online, in branch or by mail. Trust paperwork is taken in branch
Preparing your Andrews FCU accounts for estate transfer involves two key steps: designating beneficiaries on each account and, where appropriate, retitling accounts into a trust. Because Andrews FCU is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Accounts with Payable on Death designations or trust ownership bypass probate entirely.
Across 21 product types, Andrews FCU 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.
Beneficiary form at Andrews FCU
Payable-On-Death Beneficiary Designation Form (Rev. July 2023) (for payable-on-death accounts).
Open the form →- Member name and account number (no Social Security number is requested on the form)
- For each of up to four beneficiaries: name, street address, city, state, ZIP, phone, relationship, and date of birth
- Member signature and date; any one owner may execute it, and joint owners do not have to sign together
- Secure Message in Digital Banking
- Email to DepositSupportServices@andrewsfcu.org
- In person at any Andrews Federal branch
Required Documents
- Member name and account number. No Social Security number is requested on the form
- Beneficiary's name (for each beneficiary)
- Beneficiary's street address, city, state and ZIP (for each beneficiary)
- Beneficiary's phone number (for each beneficiary)
- Beneficiary's relationship to the member (for each beneficiary)
- Beneficiary's date of birth (for each beneficiary). The form collects no Social Security number for a beneficiary
- Completed Payable-On-Death Beneficiary Designation Form (at a branch). The branch can provide a copy
- Government-issued photo ID (at a branch)
- Complete trust document or Certificate of Trust
- Government-issued photo ID for all trustees
- Trust Employer Identification Number (EIN) from the IRS
- Social Security numbers for all trustees
Required Documents
- Complete trust document or Certificate of Trust. Either a complete revocable living trust agreement or a Certificate of Trust (a summary document identifying trustee authority) is accepted
- Government-issued photo ID (for each trustee)
- Trust Employer Identification Number (EIN) from the IRS
- Social Security number (for each trustee)
- Member name and account number (no Social Security number is requested on the form)
- For each of up to four beneficiaries: name, street address, city, state, ZIP, phone, relationship, and date of birth
- Member signature and date; any one owner may execute it, and joint owners do not have to sign together
- Secure Message in Digital Banking
- Email to DepositSupportServices@andrewsfcu.org
- In person at any Andrews Federal branch
Required Documents
- Member name and account number. No Social Security number is requested on the form
- Beneficiary's name (for each beneficiary)
- Beneficiary's street address, city, state and ZIP (for each beneficiary)
- Beneficiary's phone number (for each beneficiary)
- Beneficiary's relationship to the member (for each beneficiary)
- Beneficiary's date of birth (for each beneficiary). The form collects no Social Security number for a beneficiary
- Completed Payable-On-Death Beneficiary Designation Form (at a branch). The branch can provide a copy
- Government-issued photo ID (at a branch)
What Andrews FCU says about beneficiaries and trusts
Each section is Andrews FCU's own statement, with the document it comes from numbered under Sources.
Which accounts take a beneficiary3
- Payable-on-death account
POD designations cover non-IRA deposit accounts: checking, savings, club, money market and share certificates.1
- IRA
The POD form states that it "DOES NOT APPLY TO IRA FUNDS HELD AT ANDREWS FEDERAL CREDIT UNION". IRA and Roth IRA beneficiaries are set under the separate plan documents, by calling the credit union or at a branch.1
- Coverdell education savings account
Coverdell ESA beneficiaries are set under the separate plan documents, not the POD form, by calling the credit union or at a branch.1
Who can be named1
- A trust, payable-on-death accounts
A trust can be named as a POD beneficiary on eligible deposit accounts, using the Payable-On-Death Beneficiary Designation Form.1
How many beneficiaries, and how shares are split
What a designation takes to be effective
Beneficiary forms Andrews FCU issues1
- Payable-On-Death Beneficiary Designation Form (Rev. July 2023)
For payable-on-death accounts. Completed by any one account owner. Available to download.1
Return to
Email: DepositSupportServices@andrewsfcu.org
Mailing address: Andrews Federal Credit Union, Attn: Support Services, 5711 Allentown Road, Suitland, MD 20746
What Andrews FCU's agreement says about beneficiaries3
- Changing or revoking a designation
Executing a new form revokes all prior POD designations on the account.1
Any owner may change or delete POD payees at any time without notice to them (Terms and Conditions, Beneficiaries clause).3
- When a designation takes effect
The designation is not effective until received and processed by Andrews Federal.1
- What the owner keeps while living
POD payees acquire ownership rights only after the death of all owners, and only if the payee is then living.1
Which accounts a trust can hold1
- IRA
IRA funds cannot be retitled to a trust or take a trust as POD beneficiary; they follow the IRA plan documents.4
Trust account forms Andrews FCU issues1
- Trust account application
Provided at a branch.4
What Andrews FCU says about trust accounts2
- Who signs for the trust
The "Fiduciaries" clause of the Terms and Conditions covers a trustee named on the Signature Card: the trustee acts for the trust or beneficiary named on the account, and withdrawals may be made only by the named Fiduciary.3
Andrews Federal states it has no duty to verify a Fiduciary's authority for a particular deposit or withdrawal except under a judicial order it has had notice of.3
- Membership
At least one trustee must be a member or eligible for membership, since the Base Share Savings account is what carries membership.4
Sources4
- 1.Payable-On-Death Beneficiary Designation Form, Rev. July 2023
- 2.Forms
- 3.Terms and Conditions
- 4.Contact Us
Sources
Data sourced from Andrews FCU primary sources (16 pages reviewed). How we research.
Download these Andrews FCU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Andrews FCU primary sources. Bring it to the branch or keep it beside the phone.
Andrews FCU estate support
Member Service Center
Phone
International toll-free (most of Europe)
24-hour telephone banking (international)
Hours
Mailing address
Website
Estate requests go through general customer service.
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