Estate planning at GE Credit Union
How to protect 17 GE Credit Union accounts — manage beneficiaries in-branch, fund a trust in-branch, and file claims through GE Credit Union's GECU Wealth Management (securities and advisory services through LPL Financial)
Member Support
11311 Cornell Park Drive, Cincinnati, OH 45242
GECU Wealth Management (securities and advisory services through LPL Financial)
11311 Cornell Park Drive, Cincinnati, OH 45242
Relationship Banking (Deceased Accounts)
11311 Cornell Park Drive, Cincinnati, OH 45242
How your GE Credit Union accounts transfer at death depends on how each one is set up. As a membership-based credit union, GE Credit Union headquartered at 10485 Reading Rd, Cincinnati, OH 45241 (NCUA charter 68574); member mail goes to 11311 Cornell Park Drive, Cincinnati, OH 45242. Locations enumerated in the sitemap: Dent, Eastgate, Fairfield, Florence (KY), GE Aerospace Office, Highland Heights (KY), Liberty Way, Loveland, Mason, Montgomery, Oakley, Reading Road, and South Lebanon, plus a Virtual Branch for remote appointments. Membership by geography: OHIO (live, work, worship, or attend school) -- Adams, Brown, Butler, Champaign, Clark, Clermont, Clinton, Darke, Delaware, Fairfield, Fayette, Franklin, Greene, Hamilton, Highland, Licking, Logan, Madison, Miami, Montgomery, Pickaway, Pike, Preble, Ross, Scioto, Shelby, Union, Warren. KENTUCKY (live, work, worship, or attend school) -- Anderson, Boone, Bourbon, Boyle, Bullitt, Campbell, Carroll, Clark, Estill, Fayette, Franklin, Gallatin, Garrard, Grant, Harrison, Henry, Jefferson, Jessamine, Kenton, Lincoln, Madison, Mercer, Nicholas, Oldham, Owen, Pendleton, Powell, Scott, Shelby, Spencer, Trimble, Woodford. INDIANA (live or work only) -- Dearborn, Franklin, Ohio, Switzerland, Union. Also open to employees, students, and families of students at Kings Local, Loveland City, and Mason City Schools; employees of 300+ Cincinnati Select Employer Groups; and immediate family of current members. With 17 account types, the transfer rules vary—getting the right designations in place now prevents delays and court involvement later.
GE Credit Union lets account holders update beneficiary designations in branch and by phone, typically taking 15-30 minutes at a location or by virtual appointment. Trust funding is also available, allowing families to retitle accounts into the name of a revocable living trust.
There are two sides to estate planning at GE Credit Union: setting things up while you're alive, and the process survivors follow after a death.
Preparing your estate
Beneficiaries and trust funding
How to update beneficiaries in-branch, fund a trust in-branch, and review 17 account types at GE Credit Union.
View details →When someone dies
Death claim process
Contact GE Credit Union's GECU Wealth Management (securities and advisory services through LPL Financial) to file a claim. 11-step process, 7 required documents, and contact information for survivors.
View details →Reach GE Credit Union's GECU Wealth Management (securities and advisory services through LPL Financial) at 1-800-542-7093 for help with any of these procedures.
GE Credit Union is not available nationwide. Estate planning procedures may vary by state, so confirm that your location is served before making account changes.
Frequently asked questions
Three services on GECU's branch-services list matter in a settlement. First, a free medallion signature guarantee: GECU describes the Signature Guarantee as "a medallion stamp, which guarantees the signature(s) of a certified owner(s) for the sale, assignment, transfer, or redemption of a security," provided free at certain locations, with documents signed in front of a GECU team member. A transfer agent will require this before re-registering or redeeming a decedent's stock, and most institutions charge for it or refuse non-customers outright. Second, free notarization of important documents at certain locations. Third, safe deposit boxes -- but only at the Reading Road and Mason offices, at $30 (3x5), $40 (5x5), $50 (3x10) or $60 (5x10) plus tax per year, so if the decedent rented one you need to go to the office that holds it, and you need the key: drilling a box costs $250 per request on GECU's published Schedule of Fees. Budget for the records too -- Account Research is $30 an hour with a one-hour minimum, and a check copy, statement copy or duplicate IRS reporting form is $5 apiece. Call 513-243-4328 first to confirm which location offers the service you need, or book at gecreditunion.org/support/information/connect/appointments.
Sources
Data sourced from GE Credit Union primary sources (17 pages reviewed). How we research.
Member Support
11311 Cornell Park Drive, Cincinnati, OH 45242
GECU Wealth Management (securities and advisory services through LPL Financial)
11311 Cornell Park Drive, Cincinnati, OH 45242
Relationship Banking (Deceased Accounts)
11311 Cornell Park Drive, Cincinnati, OH 45242
Estate planning articles
Learn how to protect your GE Credit Union accounts and other assets with trusts, beneficiary designations, and estate planning documents.
