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
Contact Center
Phone919-420-8000
Toll-Free1-800-868-4262
Mailing Address
Coastal Credit Union, PO Box 58429, Raleigh, NC 27658
WebsiteLearn more→
Member Services - Death Claims
Phone919-420-8000
Toll-Free1-800-868-4262
Mailing Address
Coastal Credit Union, PO Box 58429, Raleigh, NC 27658
Verified Apr 2026
The goal with your Coastal CU accounts is to make sure every account has a transfer mechanism in place—either a POD beneficiary designation or trust ownership. Because Coastal CU is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Accounts without either one will require probate, which means court involvement and delays for your family.
Across 15 product types, Coastal CU accounts vary in how they transfer at death. The sections below walk through Payable on Death (POD) designations, trust funding options, and which products support each method.
Go Green CheckingBasic CheckingStudent CheckingPrimary Savings AccountHigh Yield SavingsSpecial Savings AccountMoney Market AccountShare CertificateHealth Savings AccountCoverdell Education Savings Account
1
Visit any Coastal Credit Union branch location with government-issued photo ID
2
Request a POD (Payable on Death) beneficiary designation form for deposit accounts
3
Complete the form with beneficiary information:
- Primary and contingent beneficiary full legal names
- Dates of birth and Social Security numbers
- For a trust beneficiary: provide the trust name, trust date, and trust EIN
4
All account owners must sign the form
5
Submit the signed form to the branch representative
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD designation is available for all deposit accounts (checking, savings, money market, and share certificates)
- IRA beneficiary designations are completed on a separate beneficiary form at the time of account opening
- Upon death of the last surviving owner, POD funds are distributed to beneficiaries and are not controlled by a will
- Each account must be updated individually; beneficiary designations do not automatically carry across accounts
- HSA accounts require a beneficiary designation at account opening; surviving spouse becomes the account holder if named as beneficiary
- Coverdell ESA beneficiary is the designated student; successor beneficiary may be named
Contact Center
Phone919-420-8000
Toll-Free1-800-868-4262
Mailing Address
Coastal Credit Union, PO Box 58429, Raleigh, NC 27658
WebsiteLearn more→
Member Services - Death Claims
Phone919-420-8000
Toll-Free1-800-868-4262
Mailing Address
Coastal Credit Union, PO Box 58429, Raleigh, NC 27658
Verified Apr 2026
Estate planning articles
Learn how to protect your Coastal CU accounts and other assets with trusts, beneficiary designations, and estate planning documents.
