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OverviewPreparing your estateWhen someone dies
OverviewPreparing your estateWhen someone dies
SimplyTrust forms
Letter of Instruction
Home→Financial Institutions→Grow Financial→Preparing your estate

How to name beneficiaries and fund a trust at Grow Financial

Covers 10 deposit, 4 retirement, and 1 investment accounts — beneficiaries must be updated in-branch

Grow Financial

Credit Union · Regional

growfinancial.org→
Grow Financial logo
Phone1-800-839-6328
Fax1-813-832-2080
Mailing Address

Grow Financial FCU, P.O. Box 89909, Tampa, FL 33689-0415

Hillsborough County stores
1-813-837-2451
Manatee County stores
1-941-827-4100
Pasco County stores
1-727-376-0300
Pinellas County stores
1-727-791-4206
Polk County stores
1-863-583-8250
South Carolina - Midlands
1-803-705-3121
South Carolina - Low Country
1-843-285-4424
WebsiteLearn more→
Phone1-800-839-6328
Fax1-813-832-2080
Mailing Address

Grow Financial FCU, P.O. Box 89909, Tampa, FL 33689-0415

Hillsborough County stores
1-813-837-2451
Manatee County stores
1-941-827-4100
Pasco County stores
1-727-376-0300
Pinellas County stores
1-727-791-4206
Polk County stores
1-863-583-8250
South Carolina - Midlands
1-803-705-3121
South Carolina - Low Country
1-843-285-4424
WebsiteLearn more→

Deposit Servicing (Death Certificates)

Phone1-800-839-6328
Toll-Free1-800-839-6328
Fax1-813-832-2088
Mailing Address

Grow Financial FCU, P.O. Box 89669, Tampa, FL 33689-0411

WebsiteNotify online→
Verified Jul 2026

There are two ways to keep your Grow Financial accounts out of probate: adding Payable on Death designations and retitling accounts into a trust. Because Grow Financial 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.

Grow Financial has 15 accounts with different estate transfer rules. Here is how beneficiary designations, trust ownership, and probate apply to each one.

Grow CashBack CheckingGrow Checkless CheckingBasic SavingsGet Fit AccountClub AccountMoney Market AccountCertificate AccountCoverdell Education Savings AccountHealth Savings Account (HSA)Bugg Club (Youth Savings)
1
Visit a Grow Financial store (locator: https://www.growfinancial.org/contact/locations/) with government-issued photo ID.
2
Ask to add or update the Payable on Death (POD) beneficiaries on your deposit accounts. Grow records them on its Payable on Death (POD) form, referenced in section 2(g) of the Universal Account Agreement.
3
Provide, for each beneficiary:
  • Full legal name, date of birth, and Social Security number
  • Relationship to you
  • Percentage share -- if you leave percentages blank, Grow splits the account equally among the surviving beneficiaries
4
Handle IRAs and the HSA separately: Grow states the POD designation does not apply to them, and only the primary owner of a joint account may open an IRA.
5
Review and sign the POD form.

Required Documents

  • Trust name, date established, and tax ID (EIN or SSN)

Special Requirements

  • POD beneficiaries apply to deposit accounts only: checking, savings, money market, and certificates
  • The Universal Account Agreement treats every Grow account as a revocable trust account with a POD instruction; beneficiaries have no ownership interest until the last owner dies
  • Beneficiaries are paid the balance as of the date of death of the last owner, and dividends accrued after that date may be reversed before payout
  • If percentages are not stated, multiple beneficiaries take equal shares without survivorship between them
  • A beneficiary who predeceases the owner has their share split equally among the remaining living beneficiaries
  • If every named beneficiary predeceases the owner, the funds are paid to the estate of the last surviving owner
  • POD designations do NOT apply to IRAs or HSAs, which carry separate beneficiary designations
  • A beneficiary's interest is subject to Grow's lien and right of set-off -- debts the member owed Grow come out first
  • A beneficiary who is a minor at payout may be paid through a parent or legal guardian at Grow's discretion
  • LPL Financial investment accounts have their own beneficiary process, handled by the LPL advisor
SimplyTrustSimplyTrust Editorial·Updated July 12, 2026

Sources

  • growfinancial.org

Data sourced from Grow Financial primary sources (15 pages reviewed). How we research.

Download these Grow Financial instructions

Download instructions for the whole estate→

A printable PDF with the steps, required documents, and contact details — verified against Grow Financial primary sources. Bring it to the branch or keep it beside the phone.

Grow Financial

Credit Union · Regional

growfinancial.org→
Grow Financial logo
Phone1-800-839-6328
Fax1-813-832-2080
Mailing Address

Grow Financial FCU, P.O. Box 89909, Tampa, FL 33689-0415

Hillsborough County stores
1-813-837-2451
Manatee County stores
1-941-827-4100
Pasco County stores
1-727-376-0300
Pinellas County stores
1-727-791-4206
Polk County stores
1-863-583-8250
South Carolina - Midlands
1-803-705-3121
South Carolina - Low Country
1-843-285-4424
WebsiteLearn more→
Phone1-800-839-6328
Fax1-813-832-2080
Mailing Address

Grow Financial FCU, P.O. Box 89909, Tampa, FL 33689-0415

Hillsborough County stores
1-813-837-2451
Manatee County stores
1-941-827-4100
Pasco County stores
1-727-376-0300
Pinellas County stores
1-727-791-4206
Polk County stores
1-863-583-8250
South Carolina - Midlands
1-803-705-3121
South Carolina - Low Country
1-843-285-4424
WebsiteLearn more→

Deposit Servicing (Death Certificates)

Phone1-800-839-6328
Toll-Free1-800-839-6328
Fax1-813-832-2088
Mailing Address

Grow Financial FCU, P.O. Box 89669, Tampa, FL 33689-0411

WebsiteNotify online→
Verified Jul 2026

Estate planning articles

Learn how to protect your Grow Financial accounts and other assets with trusts, beneficiary designations, and estate planning documents.

When you're ready, we're here.

A revocable living trust skips probate, stays private, and takes 15 minutes.

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Estate planning articles

Learn how to protect your Grow Financial accounts and other assets with trusts, beneficiary designations, and estate planning documents.

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Is this your situation?

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New Baby or Adoption

New Baby or Adoption

Your family is growing. Your protection should too. Guardian nominations, trusts for minors, beneficiary updates, and the documents new parents need in place.

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Marriage

Marriage

What married couples need in place: one joint trust or two, wills, beneficiary updates, and the spousal rights your state grants you automatically.

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New Home

New Home

How to put your house in a revocable trust: the deed you record, what it does to your mortgage and property taxes, and when a TOD deed is simpler.

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Retirement

Retirement

Retirement changes your financial picture. Healthcare directives, beneficiary reviews, long-term care planning, and protecting what you've built.

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