Estate planning at Grow Financial

Grow Financial is a credit union offering 15 accounts that interact with estate planning in different ways. As a membership-based credit union, Grow Financial serves West Central Florida (Hernando, Hillsborough, Manatee, Pasco, Pinellas, Polk counties) and the Columbia (Midlands) and Charleston (Low Country) areas of South Carolina; store and ATM locator at https://www.growfinancial.org/contact/locations/. Also open to active and retired military, employees of Select Employee Groups, and the family or household of existing members (https://www.growfinancial.org/membership/membership-perks-eligibility/). Membership is established with a Basic Savings account holding at least the $1 par value of one share -- that share account is what makes the member a member, and closing it terminates membership (Universal Account Agreement, sections 1 and 5). An estate spanning both states may face two different small-estate regimes: Florida disposition without administration / summary administration, or the South Carolina probate-judge-countersigned small estate affidavit. Understanding how each account transfers at death—and which ones a trust can hold—helps families avoid probate delays and unintended outcomes.

At Grow Financial, beneficiary designations are managed in branch, by mail, and by phone. Accounts can also be retitled into a trust to keep them out of probate entirely.