Estate planning and settlement at BECU

BECU offers 20 accounts, each with its own rules for what happens when a member dies. As a membership-based credit union, BECU anyone who lives, works, worships, or attends school in any Washington county qualifies for membership. Select Oregon counties (Benton, Clackamas, Clatsop, Columbia, Coos, Curry, Deschutes, Douglas, Jackson, Josephine, Klamath, Lane, Lincoln, Linn, Marion, Multnomah, Polk, Tillamook, Washington, Yamhill) and Idaho counties (Benewah, Bonner, Boundary, Clearwater, Idaho, Kootenai, Latah, Lewis, Nez Perce, Shoshone) are also eligible. South Carolina residents can qualify by visiting the North Charleston location (BECU in Boeing Welcome Center, 5400 International Boulevard, North Charleston, SC 29418 — a tellerless location, Monday-Friday 8 a.m. to 4 p.m. Eastern) and donating $1 or more to the BECU Foundation. Membership is also open regardless of geography to employees, volunteers, retirees, and family members of BECU, The Boeing Company and its subsidiaries, and any credit union, and to members, donors, employees, volunteers, and retirees of the University of Washington Alumni Association, Washington State University Alumni Association, the BECU Foundation, the GoWest Foundation, KEXP, and the Sea Hawkers Central Council. Geography is therefore a poor proxy for whether a decedent could have held a BECU account: an executor in any state should check for one before assuming there is none. Some transfer automatically to a named beneficiary, others can be held in a trust, and a few may require probate if no plan is in place.

BECU lets account holders update beneficiary designations online, in branch, and by mail. Trust funding is also available, allowing families to retitle accounts into the name of a revocable living trust.