How to name beneficiaries and fund a trust at CommunityAmerica
Covers 12 deposit, 4 retirement, and 2 investment accounts — beneficiaries must be updated in-branch
CommunityAmerica Credit Union, 9777 Ridge Drive, Lenexa, KS 66219
CommunityAmerica Credit Union, 9777 Ridge Drive, Lenexa, KS 66219
Estate Representative / Account Settlement
CommunityAmerica Credit Union, 9777 Ridge Drive, Lenexa, KS 66219
The goal with your CommunityAmerica accounts is to make sure every account has a transfer mechanism in place—either a POD beneficiary designation or trust ownership. Because CommunityAmerica 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.
Each of CommunityAmerica's 18 accounts has different rules for how it transfers at death. The sections below explain the options for each.
- Full name
- Date of birth
- Social Security number
- Relationship to account owner
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD beneficiary designations are available for checking, savings, money market, and certificate accounts
- Trusts can be named as POD beneficiaries on eligible deposit accounts
- IRA beneficiary designations are completed on a separate form at account opening and can be updated at any time
- Upon death of the last surviving owner, POD funds are distributed to named beneficiaries and bypass probate
- For investment account beneficiaries, contact CommunityAmerica Wealth Management (Copper Financial) directly
Sources
Data sourced from CommunityAmerica primary sources (16 pages reviewed). How we research.
Download these CommunityAmerica instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against CommunityAmerica primary sources. Bring it to the branch or keep it beside the phone.
CommunityAmerica Credit Union, 9777 Ridge Drive, Lenexa, KS 66219
CommunityAmerica Credit Union, 9777 Ridge Drive, Lenexa, KS 66219
Estate Representative / Account Settlement
CommunityAmerica Credit Union, 9777 Ridge Drive, Lenexa, KS 66219
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