How to name beneficiaries and fund a trust at First Tech
Covers 15 deposit, 9 retirement, and 2 investment accounts — beneficiaries must be updated in-branch
Member Services
First Tech Federal Credit Union, PO Box 2100, Beaverton, OR 97075-2100
Regulatory Deposit Services and Reporting (Estate / Deceased Member)
First Tech Federal Credit Union, Attn: Regulatory Deposit Services and Reporting, PO Box 2100, Beaverton, OR 97075
There are two ways to keep your First Tech accounts out of probate: adding Payable on Death designations and retitling accounts into a trust. Because First Tech is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Both methods ensure your accounts transfer directly to the people you choose, without court involvement.
Across 26 product types, First Tech accounts vary in how they transfer at death. The sections below walk through Payable on Death (POD) designations, trust funding options, and which products support each method.
- Full legal name, date of birth, SSN, and relationship
- For trusts as beneficiary: trust name, date of trust, and EIN
- Percentage allocation if naming multiple beneficiaries (equal distribution by default)
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD available for deposit accounts (checking, savings, certificates)
- Trusts can be named as POD beneficiaries
- Member is responsible for notifying beneficiaries of their designation
- First Tech is not obligated to notify POD beneficiaries
- POD accounts bypass probate and pass directly to named beneficiaries
- If multiple POD beneficiaries are designated, each receives an equal share unless otherwise specified
- Not available for HSA accounts
Sources
Data sourced from First Tech primary sources (18 pages reviewed). How we research.
Download these First Tech instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against First Tech primary sources. Bring it to the branch or keep it beside the phone.
Member Services
First Tech Federal Credit Union, PO Box 2100, Beaverton, OR 97075-2100
Regulatory Deposit Services and Reporting (Estate / Deceased Member)
First Tech Federal Credit Union, Attn: Regulatory Deposit Services and Reporting, PO Box 2100, Beaverton, OR 97075
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