How to name beneficiaries and fund a trust at Broadview FCU
Beneficiaries are managed in branch, by phone or by mail. Trust paperwork is taken in branch
There are two ways to keep your Broadview FCU accounts out of probate: adding Payable on Death designations and retitling accounts into a trust. Because Broadview FCU 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.
With 18 product types, Broadview FCU offers a range of transfer options. Some accounts support Payable on Death (POD) designations, others can be retitled into a trust, and some require probate if no beneficiary is designated. The sections below break down each step.
Beneficiary form at Broadview FCU
Membership Application (item 50, beneficiary designation) (for payable-on-death accounts) and Superior IRA beneficiary designation (for IRAs).
Open the form →- Full legal name
- Date of birth
- Social Security number
- Mailing address
- Full legal name
- Date of birth
- Social Security number
- Mailing address
Required Documents
- Beneficiary's full legal name (for each beneficiary)
- Beneficiary's date of birth (for each beneficiary)
- Beneficiary's Social Security number (for each beneficiary)
- Beneficiary's mailing address (for each beneficiary)
- Government-issued photo identification (at a branch)
- The Irrevocable / Revocable / Burial trust account application
- Valid identification for all persons
- The trust agreement
- IRS EIN Assignment Letter (irrevocable trusts only)
Required Documents
- Trust agreement. A full revocable trust agreement, an irrevocable trust agreement or a burial trust agreement
- Broadview trust account application for the trust type. Irrevocable, Revocable or Burial
- Valid identification (for every person signing)
- IRS EIN Assignment Letter (for an irrevocable trust)
- Evidence that the bylaw membership condition is met. For a revocable trust, the settlor is a member in his or her own right; for an irrevocable trust, the settlor or a beneficiary is a member
- Full legal name
- Date of birth
- Social Security number
- Mailing address
- Full legal name
- Date of birth
- Social Security number
- Mailing address
Required Documents
- Beneficiary's full legal name (for each beneficiary)
- Beneficiary's date of birth (for each beneficiary)
- Beneficiary's Social Security number (for each beneficiary)
- Beneficiary's mailing address (for each beneficiary)
- Government-issued photo identification (at a branch)
What Broadview FCU says about beneficiaries and trusts
Each section is Broadview FCU's own statement, with the document it comes from numbered under Sources.
Which accounts take a beneficiary2
- Payable-on-death account
A payable-on-death designation is available on personal deposit accounts, including checking, savings, money market and certificates.1
- IRA
IRA beneficiary designations run through the Superior IRA program, not through the Membership Application. A deposit-account POD does not govern an IRA.2
Who can be named1
What a designation takes to be effective
- All accounts
The owner and any joint owners sign, and a Broadview Membership Officer signs the form to complete it.1
Beneficiary forms Broadview FCU issues2
- Membership Application (item 50, beneficiary designation)
For payable-on-death accounts. Available to download.1
Return to
Mailing address: Broadview FCU, 700 Patroon Creek Blvd., Albany, NY 12206
- Superior IRA beneficiary designation
For IRAs. Completed online.2
What Broadview FCU's agreement says about beneficiaries1
- Claims against the account
Under the Member Benefits Guide, Broadview's right of offset takes priority over a pay-on-death beneficiary, so a designation does not shield the balance from a debt owed to Broadview.4
Which accounts a trust can hold3
- Trust account
Eligible account types for trust retitling are the deposit accounts: checking, savings, money market and certificates.6
- IRA
IRA accounts cannot be retitled to a trust.2
- Pension
Broadview's bylaws treat shares issued through an authorized pension plan as an irrevocable trust unless the plan rules say otherwise.7
Trust account forms Broadview FCU issues1
- Irrevocable / Revocable / Burial trust account application
Completed by the trustee, with a member services representative. Provided at a branch.6
What Broadview FCU says about trust accounts1
- Membership
Under Broadview's bylaws, for a revocable trust "the settlor must be a member of this credit union in his or her own right"; for an irrevocable trust, "either the settlor or the beneficiary must be a member."7
Both must name the beneficiary, and a trust may be a member as an entity only if all settlors, beneficiaries and trustees are within the field of membership.7
Not in Broadview FCU's published guidance3
- An online way to name a beneficiary
- A standalone payable-on-death form
- A mail-in or online trust account channel
Sources
Data sourced from Broadview FCU primary sources (18 pages reviewed). How we research.
Download these Broadview FCU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Broadview FCU primary sources. Bring it to the branch or keep it beside the phone.
Broadview FCU estate support
Member Service Center
Phone
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Broadview Wealth Management
Broadview Insurance Agency, LLC
Activate Debit Card
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Loss Mitigation
Loss Mitigation (toll-free)
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Mailing address
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Estate requests go through general customer service.
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