How to name beneficiaries and fund a trust at Black Hills FCU
Covers 9 deposit, and 4 retirement accounts — beneficiaries must be updated in-branch
Member Services
Phone1-605-718-1818
Toll-Free1-800-482-2428
Fax1-605-646-4136
Mailing Address
Black Hills Federal Credit Union, P.O. Box 1420, Rapid City, SD 57709
Sioux Falls Area
Credit Card Fraud
WebsiteLearn more→
Member Services
Phone1-605-718-1818
Toll-Free1-800-482-2428
Fax1-605-646-4136
Mailing Address
Black Hills Federal Credit Union, P.O. Box 1420, Rapid City, SD 57709
Sioux Falls Area
Credit Card Fraud
WebsiteLearn more→
Member Services - Death Claims
Phone1-605-718-1818
Toll-Free1-800-482-2428
Fax1-605-646-4136
Mailing Address
Black Hills Federal Credit Union, P.O. Box 1420, Rapid City, SD 57709
Verified Apr 2026
Estate planning at Black Hills FCU means getting each account set up so it transfers automatically when you die—either through a POD beneficiary or trust ownership. Because Black Hills 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.
Black Hills FCU offers 13 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.
FREEdom CheckingUltimate CheckingRegular SavingsMoney MarketPremier High-Yield AccountShare CertificateHealth Savings Account (HSA)HSA CertificateYouth Savings (VIBZ Kid$ Club / VIBZ Teen Club)
1
Visit any Black Hills FCU branch location
2
Bring government-issued photo ID
3
Request to add or update Payable on Death (POD) beneficiary designation
4
Provide beneficiary information:
- Full legal name
- Date of birth
- Social Security number
- Relationship to account owner
5
For trusts as beneficiary: provide trust name, date of trust, and trust EIN
6
If naming multiple beneficiaries, specify percentage allocation
7
Sign the POD beneficiary designation form
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD available for deposit accounts (checking, savings, money market, certificates)
- If two or more beneficiaries are named and survive the death of the owner(s), beneficiaries own the account in equal shares with right of survivorship
- The credit union is not obligated to notify any beneficiary of the existence of the account or the vesting of the beneficiary's interest
- Youth accounts are not eligible for POD designations
- IRA and HSA accounts require separate beneficiary designations
- Trusts can be named as POD beneficiaries on eligible deposit accounts
- NCUA coverage up to $250,000 per POD beneficiary
Member Services
Phone1-605-718-1818
Toll-Free1-800-482-2428
Fax1-605-646-4136
Mailing Address
Black Hills Federal Credit Union, P.O. Box 1420, Rapid City, SD 57709
Sioux Falls Area
Credit Card Fraud
WebsiteLearn more→
Member Services
Phone1-605-718-1818
Toll-Free1-800-482-2428
Fax1-605-646-4136
Mailing Address
Black Hills Federal Credit Union, P.O. Box 1420, Rapid City, SD 57709
Sioux Falls Area
Credit Card Fraud
WebsiteLearn more→
Member Services - Death Claims
Phone1-605-718-1818
Toll-Free1-800-482-2428
Fax1-605-646-4136
Mailing Address
Black Hills Federal Credit Union, P.O. Box 1420, Rapid City, SD 57709
Verified Apr 2026
Estate planning articles
Learn how to protect your Black Hills FCU accounts and other assets with trusts, beneficiary designations, and estate planning documents.
