How to name beneficiaries and fund a trust at Blue FCU
Covers 14 deposit, and 3 retirement accounts — beneficiaries must be updated in-branch
Blue Federal Credit Union, 2401 E. Pershing Blvd, Cheyenne, WY 82001
Blue Federal Credit Union, 2401 E. Pershing Blvd, Cheyenne, WY 82001
Death Claims
Blue Federal Credit Union, 2401 E. Pershing Blvd, Cheyenne, WY 82001
Preparing your Blue FCU accounts for estate transfer involves two key steps: designating beneficiaries on each account and, where appropriate, retitling accounts into a trust. Because Blue FCU is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Accounts with Payable on Death designations or trust ownership bypass probate entirely.
The transfer rules at Blue FCU vary across 17 accounts. Below is a breakdown of beneficiary options, trust funding, and which products support each method.
- For deposit accounts: request a POD (Payable on Death) beneficiary designation form
- For IRA accounts: request the separate IRA beneficiary designation form
- Full legal name
- Social Security number
- Date of birth
- Relationship to account holder
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD designations available for deposit accounts (checking, savings, term share certificates)
- IRA accounts require a separate beneficiary designation; POD is not applicable to IRAs
- Under Wyoming Uniform Probate Code (WY Stat 2-6-101 et seq.), POD designations cause funds to pass directly to surviving beneficiaries, bypassing probate
- Online beneficiary designation is not available; must use branch, phone, or mail
- A trust may be named as POD beneficiary on deposit accounts
- NCUA coverage up to $250,000 per POD beneficiary
Sources
Data sourced from Blue FCU primary sources (20 pages reviewed). How we research.
Download these Blue FCU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Blue FCU primary sources. Bring it to the branch or keep it beside the phone.
Blue Federal Credit Union, 2401 E. Pershing Blvd, Cheyenne, WY 82001
Blue Federal Credit Union, 2401 E. Pershing Blvd, Cheyenne, WY 82001
Death Claims
Blue Federal Credit Union, 2401 E. Pershing Blvd, Cheyenne, WY 82001
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