How to name beneficiaries and fund a trust at Corning FCU
Covers 6 deposit, 2 retirement, 7 lending, and 1 investment accounts — beneficiaries must be updated in-branch
Corning Credit Union, 1 Credit Union Plaza, Corning, NY 14830
CCU Wealth Strategies (Raymond James Financial Services)
CCU Wealth Strategies, 1 Credit Union Plaza, Corning, NY 14830
Death Claims / Account Support
Corning Credit Union, 1 Credit Union Plaza, Corning, NY 14830
Estate planning at Corning FCU means getting each account set up so it transfers automatically when you die—either through a POD beneficiary or trust ownership. Because Corning FCU is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Without one of these in place, accounts may require probate before your family can access the funds.
Corning FCU offers 16 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.
- Full legal name, date of birth, Social Security number, and relationship
- Primary and contingent beneficiaries with percentage allocations
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD (Payable on Death) available for deposit accounts (checking, savings, money market, certificates)
- Joint accounts with right of survivorship pass to the surviving owner(s)
- IRA beneficiary designations are separate from deposit account POD designations
- Investment account beneficiaries are managed through Raymond James Financial Services
- Review and update beneficiary information periodically, especially after major life events
Sources
Data sourced from Corning FCU primary sources (26 pages reviewed). How we research.
Download these Corning FCU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Corning FCU primary sources. Bring it to the branch or keep it beside the phone.
Corning Credit Union, 1 Credit Union Plaza, Corning, NY 14830
CCU Wealth Strategies (Raymond James Financial Services)
CCU Wealth Strategies, 1 Credit Union Plaza, Corning, NY 14830
Death Claims / Account Support
Corning Credit Union, 1 Credit Union Plaza, Corning, NY 14830
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