How to name beneficiaries and fund a trust at Bellco
Covers 12 deposit, 4 retirement, and 1 investment accounts — beneficiaries must be updated in-branch
Member Services
Bellco Credit Union, P.O. Box 6611, Greenwood Village, CO 80155-6611
Bellco Operations Department - Special Account Support
Bellco Credit Union, Attn: Special Account Support, PO Box 5231, Greenwood Village, CO 80155
There are two ways to keep your Bellco accounts out of probate: adding Payable on Death designations and retitling accounts into a trust. Because Bellco is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Both methods ensure your accounts transfer directly to the people you choose, without court involvement.
Bellco has 17 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.
- Full name, date of birth, Social Security number, and relationship for each beneficiary
- Primary and contingent beneficiary designations with percentage allocations
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD (Payable on Death) available for deposit accounts (checking, savings, money market, CDs)
- Funds with a POD designation pass directly to beneficiaries and are not part of the estate
- Joint accounts with right of survivorship pass to the surviving owner(s)
- IRA beneficiary designations are separate from deposit account POD designations
- Bellco reserves the right to refuse some forms of ownership and beneficiary designations unless otherwise prohibited by law
- Beneficiary contact information should be kept current; contact Bellco Operations Department to update mailing or email addresses
Sources
Data sourced from Bellco primary sources (17 pages reviewed). How we research.
Download these Bellco instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Bellco primary sources. Bring it to the branch or keep it beside the phone.
Member Services
Bellco Credit Union, P.O. Box 6611, Greenwood Village, CO 80155-6611
Bellco Operations Department - Special Account Support
Bellco Credit Union, Attn: Special Account Support, PO Box 5231, Greenwood Village, CO 80155
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