Estate planning at GE Credit Union

The 11-Month Certificate is a short-term certificate special. Early withdrawals are not permitted within the first 6 days after account opening. After 6 days, the entire amount (principal plus dividends earned) may be withdrawn in one single transaction with no penalty assessed. IRA and HSA Certificates are not eligible for the 11-Month Certificate.

When you link a savings account to a GECU checking account, each debit card purchase is rounded up to the nearest dollar, with the difference automatically deposited into your savings account. GECU matches 5% of rounded-up funds, up to $350 per year. The Round-Up feature is also compatible with the Thrive Money Market account.

If you did not designate a beneficiary on your IRA, the account must be withdrawn over your remaining life expectancy according to IRS rules. The distribution process and timeline will depend on the specific circumstances. Contact GECU's Relationship Banking team at 513-577-8419 for assistance.

The Thrive Money Market is a high-yield money market account with no minimum to open, no monthly maintenance fees, and tiered savings rates that increase as your balance grows. Access your funds at nearly 100,000 ATMs nationwide. The account is compatible with GECU's Round-Up savings feature.

Yes. Checking, savings, money market, and certificate accounts at GECU can be retitled to a trust. Visit a branch with your full trust agreement or Certificate of Trust, government-issued photo ID for all trustees, and the trust tax identification number (EIN) or SSN for revocable trusts. IRA accounts cannot be retitled to a trust, but you can name a trust as the IRA beneficiary. At least one trustee must be eligible for GECU membership.

Membership is open to anyone who lives, works, worships, or attends school in eligible counties across Southwest Ohio (including Hamilton, Butler, Warren, Clermont, and others), Northern Kentucky (including Boone, Campbell, Kenton, and others), and Southeast Indiana (including Dearborn, Franklin, and others). Employees of Select Employer Groups (SEGs) and immediate family members of current members are also eligible. Visit gecreditunion.org/about/gecu/who-we-are/membership-eligibility for the full list of eligible counties.

If you name a beneficiary other than your spouse on your GECU account, your spouse must also sign the beneficiary designation form, and the spouse's signature must be notarized. This applies to both POD designations on deposit accounts and beneficiary designations on IRA accounts. If your spouse is the named beneficiary, no additional signature or notarization is required.