Estate planning at Cobalt CU
How to protect 17 Cobalt CU accounts — manage beneficiaries in-branch, fund a trust in-branch, and file death claims
Phone(402) 292-8000
Toll-Free(800) 228-0392
Fax(402) 829-7155
Mailing Address
7148 Towne Center Parkway, Papillion, NE 68046
WebsiteLearn more→
Phone(402) 292-8000
Toll-Free(800) 228-0392
Fax(402) 829-7155
Mailing Address
7148 Towne Center Parkway, Papillion, NE 68046
WebsiteLearn more→
Member Services - Death Claims
Phone(402) 292-8000
Toll-Free(800) 228-0392
Fax(402) 829-7155
Mailing Address
7148 Towne Center Parkway, Papillion, NE 68046
Verified Apr 2026
How your Cobalt CU accounts transfer at death depends on how each one is set up. As a membership-based credit union, Cobalt CU membership open to individuals who live, work, worship, attend school, or regularly do business in eligible counties across 16 counties in Iowa and Nebraska, including Cass, Dodge, Douglas, Lancaster, Sarpy, Saunders, and Washington counties in Nebraska and Carroll, Crawford, Harrison, Ida, Mills, Monona, Pottawattamie, Sac, and Shelby counties in Iowa. Immediate family members of current members qualify. Employees and retirees of SpartanNash grocery stores are also eligible. Businesses and other entities located within eligible counties also qualify. $5 minimum deposit in a Share Savings account establishes membership. 25 free-standing and retail branch locations across Nebraska (Bellevue, Blair, Elkhorn, Fremont, Lincoln, Omaha, Papillion, Plattsmouth) and Iowa (Council Bluffs, Denison). With 17 account types, the transfer rules vary—getting the right designations in place now prevents delays and court involvement later.
At Cobalt CU, beneficiary designations are managed in branch, by mail, and by phone. Accounts can also be retitled into a trust to keep them out of probate entirely.
There are two sides to estate planning at Cobalt CU: setting things up while you're alive, and the process survivors follow after a death.
Preparing your estate
Beneficiaries and trust funding
How to update beneficiaries in-branch, fund a trust in-branch, and review 17 account types at Cobalt CU.
View details →When someone dies
Death claim process
5-step process, 5 required documents, and contact information for survivors.
View details →Because Cobalt CU serves a limited number of states, procedures for trust funding and beneficiary changes may differ depending on your location. Verify availability before starting.
Frequently asked questions
Cobalt partners with Legal Karma to offer estate planning document services to members, accessible through online banking on a desktop browser (select "Legal Karma" under "Financial Planning"). Available documents include Last Will and Testament, Revocable Trust with Pour-over Will, General Durable (Financial) Power of Attorney, Medical Power of Attorney, HIPAA Authorization, Living Will/Advanced Directive for Physicians, Declaration of Appointment of Guardian, Appointment of Agent to Control Disposition of Remains, and Certificate of Trust. Pricing (with $80 Cobalt member discount): Will Package $328.90 single / $383.90 couple, Revocable Living Trust Package $768.90 single / $988.90 joint, Power of Attorney Package $218.90. Documents ready for review within 3-5 business days. Phone support: (402) 988-1542, Monday-Friday 9 AM - 5 PM CST.
Membership is open to individuals who live, work, worship, attend school, or regularly do business in 16 eligible counties across Iowa and Nebraska. Nebraska counties include: Cass, Dodge, Douglas, Lancaster, Sarpy, Saunders, and Washington. Iowa counties include: Carroll, Crawford, Harrison, Ida, Mills, Monona, Pottawattamie, Sac, and Shelby. Businesses and other entities located within eligible counties also qualify. Employees and retirees of SpartanNash grocery stores are also eligible. Immediate family members of current members qualify. A $5 minimum deposit in a Share Savings account establishes membership. Veterans may also be eligible through the Veterans Benefit Banking Program (VBBP).
Yes. Trust accounts are opened and maintained by named trustee(s) under a written trust agreement. Bring a copy of your trust document (or Certificate of Trust) showing the trust name, establishing signatures, and trustee designations, along with the SSN or EIN for the trust and government-issued ID for each trustee. Cobalt CU does not act as trustee and does not monitor or enforce trust terms. Trust accounts are available for savings, checking, money market, and certificate account types. Cobalt also offers estate planning documents through Legal Karma, including Certificate of Trust creation.
Cobalt offers four checking accounts: Cobalt Elite Checking (3.25% APY on balances up to $20,000 with $2,500 average daily balance, 15 debit card purchases totaling $500+, $500+ direct deposit, and e-statements), Cobalt Blue Checking (1.50% APY on balances up to $10,000 with 10 debit card purchases totaling $250+, $500+ direct deposit, and e-statements), Cobalt Free Checking (no monthly fees, no minimum balance, 0.00% APY), and Student Spend Account (ages 13-25, converts to Free Checking after age 26). All accounts include no monthly maintenance fees, instant-issue Visa debit cards, and access to over 30,000 free ATMs nationwide.
Cobalt offers several savings options: the Prime Online Savings Account (2.65% APY as of 3/24/2026, variable rate based on WSJ Prime Rate minus 4.10%, $1,000 minimum balance, online-only), the Prime Money Market Account (3.00% APY on balances of $20,000+ with $500+ monthly direct deposit), standard Money Market with tiered rates (up to 0.25% APY on $100,000+), and certificates of deposit with terms from 6 to 60 months. The 6-month CD offers 3.85% APY ($1,000 minimum). All deposit accounts are federally insured up to $250,000 by NCUA.
Yes. Cobalt Wealth Management, powered by LPL Financial, provides investment, insurance, retirement, estate, and financial planning services. These are separate from the credit union. Products and services offered through LPL Financial are not credit union deposits, are not NCUA-insured, are not guaranteed by the credit union, and may lose value. Investment IRAs are also available through Cobalt Wealth Management in addition to the credit union's deposit-based IRAs.
Sources
Data sourced from Cobalt CU primary sources (15 pages reviewed). How we research.
Phone(402) 292-8000
Toll-Free(800) 228-0392
Fax(402) 829-7155
Mailing Address
7148 Towne Center Parkway, Papillion, NE 68046
WebsiteLearn more→
Phone(402) 292-8000
Toll-Free(800) 228-0392
Fax(402) 829-7155
Mailing Address
7148 Towne Center Parkway, Papillion, NE 68046
WebsiteLearn more→
Member Services - Death Claims
Phone(402) 292-8000
Toll-Free(800) 228-0392
Fax(402) 829-7155
Mailing Address
7148 Towne Center Parkway, Papillion, NE 68046
Verified Apr 2026
Estate planning articles
Learn how to protect your Cobalt CU accounts and other assets with trusts, beneficiary designations, and estate planning documents.
