How to name beneficiaries and fund a trust at Ascend FCU
Covers 10 deposit, 6 retirement, 2 investment, and 1 insurance accounts — beneficiaries must be updated in-branch
Member Services
PO Box 1210 | 520 Airpark Drive, Tullahoma, TN 37388
Member Services
PO Box 1210 | 520 Airpark Drive, Tullahoma, TN 37388
Death Claims / Member Services
Ascend Federal Credit Union, PO Box 1210 | 520 Airpark Drive, Tullahoma, TN 37388
Estate planning at Ascend FCU means getting each account set up so it transfers automatically when you die—either through a POD beneficiary or trust ownership. Because Ascend FCU 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.
Ascend FCU offers 19 accounts, each with its own transfer rules. The sections below cover how to set up beneficiaries, fund a trust, and which products support each approach.
- Provide beneficiary details: full name, date of birth, Social Security number, and relationship
- Designate primary and contingent beneficiaries
- Specify percentage allocation if naming multiple beneficiaries
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD designations available for deposit accounts (checking, savings, certificates, money market).
- Online beneficiary designation is not available; must use branch, phone, or mail.
- Investment account beneficiaries managed separately through LPL Financial.
- IRA beneficiary changes: call 800-342-3086 and ask for an IRA/Certificate Support Representative.
- Review recommended after marriage, divorce, birth, or death of a beneficiary.
Sources
Data sourced from Ascend FCU primary sources (26 pages reviewed). How we research.
Download these Ascend FCU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Ascend FCU primary sources. Bring it to the branch or keep it beside the phone.
Member Services
PO Box 1210 | 520 Airpark Drive, Tullahoma, TN 37388
Member Services
PO Box 1210 | 520 Airpark Drive, Tullahoma, TN 37388
Death Claims / Member Services
Ascend Federal Credit Union, PO Box 1210 | 520 Airpark Drive, Tullahoma, TN 37388
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