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
Phone1-800-839-6328
Fax1-813-832-2080
Mailing Address
Grow Financial FCU, P.O. Box 89669, Tampa, FL 33689-0411
WebsiteLearn more→
Phone1-800-839-6328
Fax1-813-832-2080
Mailing Address
Grow Financial FCU, P.O. Box 89669, Tampa, FL 33689-0411
WebsiteLearn more→
Death Claims
Phone1-800-839-6328
Toll-Free1-800-839-6328
Fax(813) 832-2088
Mailing Address
Grow Financial FCU, P.O. Box 89669, Tampa, FL 33689-0411
Verified Apr 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.
CashBack CheckingCheckless CheckingBasic SavingsGet Fit AccountClub AccountMoney Market AccountCertificate AccountCoverdell Education Savings AccountHealth Savings Account (HSA)Bugg Club (Youth Savings)
1
Visit a Grow Financial store location with government-issued photo ID
2
Request to add or update POD (Payable on Death) beneficiary designation
3
Provide beneficiary information:
- Full legal name
- Date of birth
- Social Security number
- Relationship to account owner
- Primary or contingent designation with percentage allocation
4
Review and sign the beneficiary designation form
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD designations available for deposit accounts (checking, savings, CDs, money market)
- Per the Universal Account Agreement, all accounts are considered revocable trust accounts with POD designations
- Beneficiaries receive funds as of date of death of the last surviving owner
- Dividends accrued after death may be reversed before payout to beneficiaries
- If all POD beneficiaries predecease the owner(s), funds are paid to the estate of the last surviving owner
- IRA and HSA accounts have separate beneficiary designation processes
- Investment accounts through LPL Financial have their own beneficiary process; contact your LPL advisor
Phone1-800-839-6328
Fax1-813-832-2080
Mailing Address
Grow Financial FCU, P.O. Box 89669, Tampa, FL 33689-0411
WebsiteLearn more→
Phone1-800-839-6328
Fax1-813-832-2080
Mailing Address
Grow Financial FCU, P.O. Box 89669, Tampa, FL 33689-0411
WebsiteLearn more→
Death Claims
Phone1-800-839-6328
Toll-Free1-800-839-6328
Fax(813) 832-2088
Mailing Address
Grow Financial FCU, P.O. Box 89669, Tampa, FL 33689-0411
Verified Apr 2026
Estate planning articles
Learn how to protect your Grow Financial accounts and other assets with trusts, beneficiary designations, and estate planning documents.
