How to name beneficiaries and fund a trust at Coastal CU
Covers 10 deposit, 4 retirement, and 1 investment accounts — beneficiaries must be updated in-branch
Phone919-420-8000
Toll-Free1-800-868-4262
Mailing Address
Coastal Credit Union, PO Box 97009, Raleigh, NC 27624
WebsiteLearn more →
Member Services - Death Claims
Phone919-420-8000
Toll-Free1-800-868-4262
Mailing Address
Coastal Credit Union, PO Box 97009, Raleigh, NC 27624
Verified Mar 2026
Preparing your Coastal CU accounts for estate transfer involves two key steps: designating beneficiaries on each account and, where appropriate, retitling accounts into a trust. Because Coastal CU is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Accounts with Payable on Death designations or trust ownership bypass probate entirely.
With 15 product types, Coastal CU 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.
Go Green CheckingBasic CheckingStudent CheckingPrimary Savings AccountHigh Yield SavingsSpecial Savings AccountMoney Market AccountShare CertificateHealth Savings AccountCoverdell Education Savings Account
1Visit a Coastal Credit Union branch
2Bring the complete trust document or a Certificate of Trust
3Bring government-issued photo ID for all trustees
4Bring the trust Employer Identification Number (EIN) obtained from the IRS
5Complete a trust account application at the branch
6Coastal retitles the account(s) to trust ownership
Required Documents
- Complete trust document or Certificate of Trust
- Government-issued photo ID for all trustees
- Trust Employer Identification Number (EIN) from the IRS
Special Requirements
- A trust may be a member of the credit union as an entity if all parties to the trust (settlors, beneficiaries, and trustees) are within Coastal's field of membership. Trust accounts are subject to the Membership and Account Agreement. For investment accounts held in trust, contact Coastal Wealth Management through LPL Financial. IRAs cannot be retitled to a trust but can name a trust as beneficiary through the IRA beneficiary designation.
Phone919-420-8000
Toll-Free1-800-868-4262
Mailing Address
Coastal Credit Union, PO Box 97009, Raleigh, NC 27624
WebsiteLearn more →
Member Services - Death Claims
Phone919-420-8000
Toll-Free1-800-868-4262
Mailing Address
Coastal Credit Union, PO Box 97009, Raleigh, NC 27624
Verified Mar 2026
Estate planning documents for Coastal CU customers
Free documents designed to protect your Coastal CU accounts.