Estate planning at CEFCU
How to protect 14 CEFCU accounts — manage beneficiaries in-branch, fund a trust in-branch, and file claims through CEFCU's Trust and Investment Management (Members Trust Company)
Phone1-800-633-7077
Mailing Address
CEFCU, P.O. Box 1805, Peoria, IL 61656-1805
IRA Department
TTY (Hearing Impaired)
WebsiteLearn more →
Trust and Investment Management (Members Trust Company)
Phone309-633-2681
Fax309-633-2588
Mailing Address
7900 N. University Street, Peoria, IL 61615
WebsiteLearn more →
Death Claims / Member Contact Center
Phone1-800-633-7077
Toll-Free1-800-633-7077
Mailing Address
CEFCU, P.O. Box 1805, Peoria, IL 61656-1805
Verified Mar 2026
CEFCU is a credit union offering 14 accounts that interact with estate planning in different ways. As a membership-based credit union, CEFCU serves members through 26 Member Centers in central Illinois (Fulton, Knox, Livingston, Logan, McLean, Macon, Marshall, Mason, Peoria, Putnam, Sangamon, Stark, Tazewell, and Woodford counties) and 5 Member Centers in the San Francisco Bay Area (Alameda, Contra Costa, and Santa Clara counties in California). Membership open to those who live or work in these areas, employees and retirees of Caterpillar Inc. and Caterpillar dealers, and employees of approximately 550 partner companies. Headquarters: 2801 W. War Memorial Dr., Peoria, IL 61613. Understanding how each account transfers at death—and which ones a trust can hold—helps families avoid probate delays and unintended outcomes.
Beneficiary designations at CEFCU can be managed in branch and by phone, typically taking 15-30 minutes in branch. Trust funding is also available, allowing families to retitle accounts into the name of a revocable living trust.
CEFCU 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 14 account types at CEFCU.
View details →When someone dies
Death claim process
Contact CEFCU's Trust and Investment Management (Members Trust Company) to file a claim. 12-step process, 6 required documents, and contact information for survivors.
View details →For questions about any of these procedures, contact CEFCU's Trust and Investment Management (Members Trust Company) at 309-633-2681.
CEFCU 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
Yes. Schedule an appointment at a CEFCU Member Center by calling 1.800.633.7077. Bring the trust document or certification of trust, government-issued ID for all trustees, and the trust EIN or SSN. Eligible deposit accounts (savings, checking, money market, certificates) can be retitled to the trust. IRAs cannot be retitled to a trust but can name a trust as beneficiary. Trust administration and fiduciary services are available through Members Trust Company.
CEFCU partners with Members Trust Company (MTC) for trust administration, estate settlement, and fiduciary services. MTC is a federal thrift regulated by the Office of the Comptroller of the Currency, founded in 1987 as the first national trust and investment firm owned by and for credit unions. Services include investment management via ETF Portfolio Advantage, FlexIRA, 401(k) rollovers, living trusts, estate settlement, and special needs trusts. Securities and advisory services are offered through LPL Financial (member FINRA/SIPC) at CEFCU Financial Services Centers. Contact Kevin Barbier at 309.633.2681 or Shelley Kiesewetter at 309.633.3836.
The CEFCU My Save Certificate is a flexible 12-month certificate that can be opened with as little as $5. Unlike standard certificates, it allows additional deposits during the term while locking in the rate for the full 12 months. It includes a 7-day grace period at maturity with automatic renewal.
CEFCU offers Traditional IRAs, Roth IRAs, and IRA Certificates (regular and Jumbo). IRA funds are held in an IRA Daily Account (savings) and can also be placed in IRA Certificates. Dividends are compounded and credited monthly. IRAs cannot be retitled to a trust but a trust may be named as beneficiary. Each IRA plan type (Contribution, Transfer, or Rollover) maintains a separate IRA Daily Account. Contact the IRA Department at 1.800.633.7077, ext. 33409 for beneficiary designation changes.
Phone1-800-633-7077
Mailing Address
CEFCU, P.O. Box 1805, Peoria, IL 61656-1805
IRA Department
TTY (Hearing Impaired)
WebsiteLearn more →
Trust and Investment Management (Members Trust Company)
Phone309-633-2681
Fax309-633-2588
Mailing Address
7900 N. University Street, Peoria, IL 61615
WebsiteLearn more →
Death Claims / Member Contact Center
Phone1-800-633-7077
Toll-Free1-800-633-7077
Mailing Address
CEFCU, P.O. Box 1805, Peoria, IL 61656-1805
Verified Mar 2026
Estate planning resources for CEFCU customers
Tools and documents to help protect your CEFCU accounts.
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