Estate planning at First Tech

Yes. This is a First Tech bylaw requirement that differs from many banks: trust beneficiary names must be stated in both revocable and irrevocable trusts before First Tech will accept the trust as a member or as a beneficiary. A trust that uses class language only ("my issue per stirpes") without naming current living beneficiaries may need to be amended or supplemented with a Certificate of Trust that lists current beneficiaries before First Tech will fund or pay it.

First Tech and DCU legally combined on January 1, 2026 into a single federally insured credit union (operating as two divisions during integration). Because they are now one charter, share balances across both divisions aggregate for NCUA insurance purposes at the standard $250,000 per share owner per ownership category limit. Members who previously held separately insured accounts at both institutions should review balances and add POD beneficiaries or restructure ownership categories to maintain full coverage if combined balances exceed $250,000.

Trust titling is available on most personal deposit accounts: Rewards Checking (added to trust/fiduciary eligibility effective January 1, 2026), Premier Rewards Checking, Dividends Rewards Checking, Carefree Checking, First Checking Plus, Membership Savings, Rewards Savings, Premier Rewards Savings, Carefree Savings, Instant Access Savings, and all Share Certificate types. Trust titling is not available on HSA Checking, Start Up youth accounts, or business/organization accounts. IRAs cannot be retitled to a trust under IRS rules, but a trust can be named as IRA beneficiary (consult a tax advisor about SECURE Act distribution rules).