Estate planning at Canvas CU
How to protect 29 Canvas CU accounts — manage beneficiaries in-branch, fund a trust in-branch, and file claims through Canvas CU's Member Services - Trust and Estate Accounts
Canvas Credit Union, PO Box 5238, Englewood, CO 80155
Member Services - Trust and Estate Accounts
Operations Support - Deceased Member Accounts
Canvas Credit Union, attn: Operations Support, PO Box 5238, Englewood, CO 80155
Canvas CU offers 29 accounts, each with its own rules for what happens when a member dies. As a membership-based credit union, Canvas CU headquartered at 9990 Park Meadows Dr., Lone Tree, CO 80124. Operates over 30 branch locations across Colorado including the Denver metro area, Front Range (Fort Collins to Pueblo), Colorado Springs, and the Western Slope (following the 2022 merger with Western Rockies Federal Credit Union). Members have access to approximately 30,000 surcharge-free ATMs nationwide through the CO-OP ATM network. Membership is open to anyone who lives or works in Colorado, immediate family members of current members, or anyone who joins the Consumers United Association ($5 annual fee). Some transfer automatically to a named beneficiary, others can be held in a trust, and a few may require probate if no plan is in place.
Canvas CU lets account holders update beneficiary designations in branch, by mail, and by phone, typically taking 15-30 minutes. Trust funding is also available, allowing families to retitle accounts into the name of a revocable living trust.
Canvas CU provides specific procedures for both proactive estate planning and filing claims after a death.
Preparing your estate
Beneficiaries and trust funding
How to update beneficiaries in-branch, fund a trust in-branch, and review 29 account types at Canvas CU.
View details →When someone dies
Death claim process
Contact Canvas CU's Member Services - Trust and Estate Accounts to file a claim. 5-step process, 7 required documents, and contact information for survivors.
View details →Reach Canvas CU's Member Services - Trust and Estate Accounts at 1-800-437-7328 for help with any of these procedures. Email inquiries can be sent to membercarecenter@canvas.org.
Canvas CU operates in select states, so estate planning procedures may vary by location. Confirm availability in your state before initiating trust funding or account changes.
Frequently asked questions
Canvas Credit Union membership is open to anyone who lives or works anywhere in Colorado. Membership is also available to immediate family members of existing Canvas members or anyone who joins the Consumers United Association ($5 annual fee). A $5 minimum deposit into a Personalized Savings Account is required to establish membership. Non-Colorado residents may qualify through specific criteria; contact Canvas at 303-691-2345 to verify eligibility.
Yes. Canvas supports retitling deposit accounts (checking, savings, money market, and share certificates) to a revocable living trust. Visit a branch or call (800) 437-7328 to initiate the process. You will need to provide a complete trust document or Certificate of Trust, government-issued photo ID for all trustees, and the trust Employer Identification Number (EIN). Canvas retitles the account to trust ownership (e.g., "John Smith, Trustee of the Smith Family Trust dated MM/DD/YYYY"). Existing POD designations are removed when an account is retitled to a trust because trust terms control distribution. IRA accounts cannot be retitled to a trust but can name a trust as beneficiary.
Sources
Data sourced from Canvas CU primary sources (26 pages reviewed). How we research.
Canvas Credit Union, PO Box 5238, Englewood, CO 80155
Member Services - Trust and Estate Accounts
Operations Support - Deceased Member Accounts
Canvas Credit Union, attn: Operations Support, PO Box 5238, Englewood, CO 80155
Estate planning articles
Learn how to protect your Canvas CU accounts and other assets with trusts, beneficiary designations, and estate planning documents.
