Estate planning at BCU
How to protect 17 BCU accounts — manage beneficiaries online, fund a trust in-branch, and file death claims
BCU Member Relations
BCU, 340 N. Milwaukee Avenue, Vernon Hills, IL 60061
BCU Member Relations
BCU, 340 N. Milwaukee Avenue, Vernon Hills, IL 60061
BCU Member Operations / Specialty Team
BCU, 340 N. Milwaukee Avenue, Vernon Hills, IL 60061, ATTN: Member Operations
How your BCU accounts transfer at death depends on how each one is set up. As a membership-based credit union, BCU community charter covers Cook (north of 95th Street), DuPage, Kane, Lake, and McHenry counties in Illinois, and Kenosha County in Wisconsin, plus Puerto Rico. Membership also available to employees, contractors, and temps of partner Fortune 100 companies and their extended families nationwide. With 17 account types, the transfer rules vary—getting the right designations in place now prevents delays and court involvement later.
BCU lets account holders update beneficiary designations online, in branch, by mail, and by phone, typically taking 10-15 minutes to complete the form; allow 2 business days for BCU to process it. 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 BCU: 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 17 account types at BCU.
View details →When someone dies
Death claim process
6-step process, 8 required documents, and contact information for survivors.
View details →BCU operates in select states, so estate planning procedures may vary by location. Confirm availability in your state before initiating trust funding or account changes.
Sources
Data sourced from BCU primary sources (17 pages reviewed). How we research.
BCU Member Relations
BCU, 340 N. Milwaukee Avenue, Vernon Hills, IL 60061
BCU Member Relations
BCU, 340 N. Milwaukee Avenue, Vernon Hills, IL 60061
BCU Member Operations / Specialty Team
BCU, 340 N. Milwaukee Avenue, Vernon Hills, IL 60061, ATTN: Member Operations
Estate planning articles
Learn how to protect your BCU accounts and other assets with trusts, beneficiary designations, and estate planning documents.
