How to name beneficiaries and fund a trust at Cobalt CU
Covers 13 deposit, and 2 retirement accounts — beneficiaries must be updated in-branch
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 Mar 2026
Preparing your Cobalt CU accounts for estate transfer involves two key steps: designating beneficiaries on each account and, where appropriate, retitling accounts into a trust. Because Cobalt 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.
Cobalt CU offers 15 accounts, each with its own transfer rules. The sections below cover how to set up beneficiaries, fund a trust, and which products support each approach.
Cobalt Elite CheckingCobalt Blue CheckingCobalt Free CheckingStudent Spend AccountShare Savings AccountVacation Club AccountHoliday Club AccountPrime Money Market AccountMoney Market AccountCertificate of DepositBump Up CertificateTrust AccountHealth Savings Account
1Visit any Cobalt Credit Union branch
2Bring copy of trust pages showing: trust name, establishing signatures, and trustee designations
3Provide SSN or EIN for the trust
4Provide government-issued ID for each trustee
5Complete trust account application with a member service representative
6Account will be titled in the name of the trust
Required Documents
- Trust document pages showing trust name, establishing signatures, and trustee designations
- Certificate of Trust (accepted in lieu of full trust document)
- SSN or Employer Identification Number (EIN) for the trust
- Government-issued ID for all trustees
Special Requirements
- Cobalt Credit Union does not act as trustee and does not monitor or enforce the terms of the trust. The individual establishing the trust (the Settlor) must be a member of the credit union. Cobalt Wealth Management (powered by LPL Financial) provides investment, insurance, retirement, estate, and financial planning services but is separate from the credit union. Products and services offered through LPL Financial are not credit union deposits, not NCUA-insured, and may lose value. Cobalt also offers estate planning documents through Legal Karma, including Certificate of Trust creation.
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 Mar 2026
Estate planning documents for Cobalt CU customers
Free documents designed to protect your Cobalt CU accounts.