Estate planning and settlement at Delta Community CU

Delta Community CU offers 11 accounts, each with its own rules for what happens when a member dies. As a membership-based credit union, Delta Community CU membership is open to anyone who lives or works in 20 Georgia metro Atlanta counties (Barrow, Butts, Cherokee, Clayton, Cobb, Coweta, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Hall, Henry, Jackson, Newton, Paulding, Rockdale, Spalding, Walton), to current, former or retired employees of more than 140 partner businesses (including Delta Air Lines, Chick-fil-A, RaceTrac and UPS), and to family members of existing members. Branch presence extends beyond Georgia: of 34 branches, 31 are in metro Atlanta and one each is in Florence KY (Cincinnati metro), Southlake TX (Dallas metro) and Salt Lake City UT, and members also reach more than 5,000 shared branch locations nationwide. Two estate-relevant consequences of that footprint. First, TRUST accounts are narrower than membership: the street address used for trust tax filing must be within one of the serviced GEORGIA counties, so a member banking at the Kentucky, Texas or Utah branch cannot open a formal Revocable Trust Account. Second, the ESTATE account is wider than both: it is available where the decedent resided in any U.S. state except Louisiana. The Membership Agreement is governed by Georgia law, with the member consenting to personal jurisdiction and venue in the state and federal courts in Atlanta, Georgia. Some transfer automatically to a named beneficiary, others can be held in a trust, and a few may require probate if no plan is in place.

Beneficiary designations at Delta Community CU can be managed in branch and by mail, typically taking 15 to 30 minutes. Trust funding is also available, allowing families to retitle accounts into the name of a revocable living trust.