How to name beneficiaries and fund a trust at Brooklyn Coop
Covers 8 deposit, and 1 lending accounts — beneficiaries must be updated in-branch
Phone1-718-418-8232
Emailinfo@brooklyn.coop
Mailing Address
Brooklyn Cooperative Federal Credit Union, 1368 Fulton Street, Brooklyn, NY 11216
WebsiteLearn more→
Phone1-718-418-8232
Emailinfo@brooklyn.coop
Mailing Address
Brooklyn Cooperative Federal Credit Union, 1368 Fulton Street, Brooklyn, NY 11216
WebsiteLearn more→
Member Services
Phone(718) 418-8232
Emailinfo@brooklyn.coop
Mailing Address
Brooklyn Cooperative Federal Credit Union, 1368 Fulton Street, Brooklyn, NY 11216
Verified Apr 2026
Estate planning at Brooklyn Coop means getting each account set up so it transfers automatically when you die—either through a POD beneficiary or trust ownership. Because Brooklyn Coop 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.
Brooklyn Coop offers 9 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.
Personal CheckingTeen CheckingSimple SavingsSavings with ATM3-Month Share Certificate6-Month Share Certificate12-Month Share CertificateHigh Yield Club Account
1
Visit any Brooklyn Cooperative branch (Bushwick, Bed-Stuy, or East New York)
2
Provide government-issued photo ID
3
Request to add or update Payable on Death (POD) beneficiary designations
4
Complete the beneficiary designation on your membership application
5
Provide each beneficiary's information:
- Full legal name
- Date of birth
- Social Security number
- Relationship to account holder
6
Specify percentage allocation if adding multiple beneficiaries
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD designations available on deposit accounts (savings, checking, share certificates)
- Joint account owners have automatic right of survivorship
- If no beneficiary is designated, funds go to the deceased member's estate
- Beneficiary designations are made on the membership application
- Online beneficiary designation is not currently available
Phone1-718-418-8232
Emailinfo@brooklyn.coop
Mailing Address
Brooklyn Cooperative Federal Credit Union, 1368 Fulton Street, Brooklyn, NY 11216
WebsiteLearn more→
Phone1-718-418-8232
Emailinfo@brooklyn.coop
Mailing Address
Brooklyn Cooperative Federal Credit Union, 1368 Fulton Street, Brooklyn, NY 11216
WebsiteLearn more→
Member Services
Phone(718) 418-8232
Emailinfo@brooklyn.coop
Mailing Address
Brooklyn Cooperative Federal Credit Union, 1368 Fulton Street, Brooklyn, NY 11216
Verified Apr 2026
Estate planning articles
Learn how to protect your Brooklyn Coop accounts and other assets with trusts, beneficiary designations, and estate planning documents.
