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 Apr 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 22 Central Illinois Member Centers, 4 Metro East Illinois Member Centers, and 7 California Member Centers. Membership open to those who live, work, or worship in eligible counties in Illinois (Fulton, Knox, Livingston, Logan, McLean, Macon, Marshall, Mason, Peoria, Putnam, Sangamon, Stark, Tazewell, and Woodford counties) and California (Alameda, Contra Costa, and Santa Clara counties). Also open to employees and retirees of Caterpillar Inc., Caterpillar subsidiaries and dealers, CEFCU partner companies, ISU Alumni Association members, and ISU Athletic Boosters Association members. Immediate family members and household members of eligible individuals may also join. Once joined, membership is for life. 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.
Managing beneficiaries at CEFCU is straightforward—changes can be made 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 has documented procedures for both preparing accounts during your lifetime and handling claims when an account holder passes away.
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. 6-step process, 6 required documents, and contact information for survivors.
View details →CEFCU's Trust and Investment Management (Members Trust Company) can answer questions about beneficiaries, trusts, or death claims at 309-633-2681.
CEFCU is not available nationwide. Estate planning procedures may vary by state, so confirm that your location is served before making account changes.
Frequently asked questions
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.
Yes. While IRA accounts cannot be retitled to a trust, you can name a trust as the primary or contingent beneficiary of your Traditional IRA or Roth IRA at CEFCU. Contact the IRA Department at 1.800.633.7077, ext. 33409 to complete or update your IRA beneficiary designation.
A standard CEFCU Certificate requires a $1,000 minimum deposit and does not allow additional deposits after opening. A My Save Certificate can be opened with as little as $5 and allows additional deposits during the 12-month term. Both offer fixed rates, a 7-day grace period at maturity, and automatic renewal. Jumbo Certificates require $100,000 and offer higher rates.
Sources
Data sourced from CEFCU primary sources (21 pages reviewed). How we research.
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 Apr 2026
Estate planning articles
Learn how to protect your CEFCU accounts and other assets with trusts, beneficiary designations, and estate planning documents.
