How to name beneficiaries and fund a trust at HawaiiUSA FCU
Beneficiaries are managed in branch, by phone or by mail. Trust paperwork is taken in branch, by phone or by mail
Preparing your HawaiiUSA FCU accounts for estate transfer involves two key steps: designating beneficiaries on each account and, where appropriate, retitling accounts into a trust. Because HawaiiUSA FCU is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Accounts with Payable on Death designations or trust ownership bypass probate entirely.
HawaiiUSA FCU has 18 product types, and the estate transfer rules differ across them. Some support Payable on Death (POD) designations, some can be retitled into a trust, and others pass through the estate if nothing is set up. Each is covered below.
Beneficiary form at HawaiiUSA FCU
POD beneficiary designation form (for payable-on-death accounts), IRA beneficiary form (for IRAs) and HSA beneficiary form (for health savings accounts).
- Full legal name, date of birth, Social Security number, and relationship
- Primary or contingent status
- Percentage allocation when naming multiple beneficiaries
- Primary and contingent beneficiaries, with full name, date of birth, Social Security number, and relationship for each
- Percentage allocations when naming more than one beneficiary
- The trust’s exact name if you are naming a trust as beneficiary
Required Documents
- Beneficiary’s full legal name, date of birth, Social Security number and relationship (for each beneficiary)
- Primary or contingent status (for each beneficiary)
- Percentage allocation (when naming more than one beneficiary)
- The trust’s exact name (when naming a trust as beneficiary)
- Government-issued photo ID (at a branch). A current ID carrying a photograph, physical description and signature
- Member or account number (when calling)
- Full trust agreement or Certificate of Trust
- Photo ID for each trustee
- Trust EIN, or the grantor’s SSN for a revocable trust
- Copy of the trust agreement or Certificate of Trust
- Copy of a government-issued photo ID for each trustee
- Trust EIN, or grantor SSN for a revocable trust
Required Documents
- Full trust agreement or Certificate of Trust. A Certificate of Trust is also called an Abstract of Trust or Certification of Trust
- Government-issued photo ID (for every trustee)
- Trust Employer Identification Number (EIN). The grantor’s SSN for a revocable trust
- Full legal name, date of birth, Social Security number, and relationship
- Primary or contingent status
- Percentage allocation when naming multiple beneficiaries
- Primary and contingent beneficiaries, with full name, date of birth, Social Security number, and relationship for each
- Percentage allocations when naming more than one beneficiary
- The trust’s exact name if you are naming a trust as beneficiary
Required Documents
- Beneficiary’s full legal name, date of birth, Social Security number and relationship (for each beneficiary)
- Primary or contingent status (for each beneficiary)
- Percentage allocation (when naming more than one beneficiary)
- The trust’s exact name (when naming a trust as beneficiary)
- Government-issued photo ID (at a branch). A current ID carrying a photograph, physical description and signature
- Member or account number (when calling)
- Full trust agreement or Certificate of Trust
- Photo ID for each trustee
- Trust EIN, or the grantor’s SSN for a revocable trust
- Copy of the trust agreement or Certificate of Trust
- Copy of a government-issued photo ID for each trustee
- Trust EIN, or grantor SSN for a revocable trust
Required Documents
- Full trust agreement or Certificate of Trust. A Certificate of Trust is also called an Abstract of Trust or Certification of Trust
- Government-issued photo ID (for every trustee)
- Trust Employer Identification Number (EIN). The grantor’s SSN for a revocable trust
- Full legal name, date of birth, Social Security number, and relationship
- Primary or contingent status
- Percentage allocation when naming multiple beneficiaries
- Primary and contingent beneficiaries, with full name, date of birth, Social Security number, and relationship for each
- Percentage allocations when naming more than one beneficiary
- The trust’s exact name if you are naming a trust as beneficiary
Required Documents
- Beneficiary’s full legal name, date of birth, Social Security number and relationship (for each beneficiary)
- Primary or contingent status (for each beneficiary)
- Percentage allocation (when naming more than one beneficiary)
- The trust’s exact name (when naming a trust as beneficiary)
- Government-issued photo ID (at a branch). A current ID carrying a photograph, physical description and signature
- Member or account number (when calling)
- Full legal name, date of birth, Social Security number, and relationship
- Primary or contingent status
- Percentage allocation when naming multiple beneficiaries
- Primary and contingent beneficiaries, with full name, date of birth, Social Security number, and relationship for each
- Percentage allocations when naming more than one beneficiary
- The trust’s exact name if you are naming a trust as beneficiary
Required Documents
- Beneficiary’s full legal name, date of birth, Social Security number and relationship (for each beneficiary)
- Primary or contingent status (for each beneficiary)
- Percentage allocation (when naming more than one beneficiary)
- The trust’s exact name (when naming a trust as beneficiary)
- Government-issued photo ID (at a branch). A current ID carrying a photograph, physical description and signature
- Member or account number (when calling)
What HawaiiUSA FCU says about beneficiaries and trusts
Each section is HawaiiUSA FCU's own statement, with the document it comes from numbered under Sources.
Which accounts take a beneficiary5
- Payable-on-death account
A POD designation covers deposit accounts: checking, savings, money market and share certificates. It is made in a branch, by phone and then mail, or by mail.1
Members often hold several share suffixes (Basic Savings, Secondary Savings, Christmas Club). A designation on one share does not cover the others.1
- IRA
An IRA takes its own beneficiary designation. A POD designation on a deposit account does not carry over to it.1
- Health savings account
An HSA takes its own beneficiary designation. A POD designation on a deposit account does not carry over to it.1
- Investment account
Investment account beneficiaries are administered by LPL Financial through HawaiiUSA Investment and Insurance Services, not by branch staff.1
- Annuity
Annuity beneficiaries are administered by LPL Financial through HawaiiUSA Investment and Insurance Services, not by branch staff.1
Who can be named1
- A trust
A trust can be named as beneficiary, under the trust’s exact name.1
How many beneficiaries, and how shares are split
- All accounts
Each beneficiary is named as primary or contingent, with a percentage allocation when more than one is named.1
What a designation takes to be effective
- All accounts
The designation is signed and returned in writing, in person or by mail. A joint owner may also need to sign.1
- IRA
IRA documentation may require a wet (non-digital) signature, where most account documents can be signed digitally through eSign.2
- Health savings account
HSA documentation may require a wet (non-digital) signature, where most account documents can be signed digitally through eSign.2
Beneficiary forms HawaiiUSA FCU issues3
Which accounts a trust can hold3
- IRA
An IRA cannot be retitled to a trust. A trust can only be named as its beneficiary.1
- Health savings account
An HSA cannot be retitled to a trust. A trust can only be named as its beneficiary.1
- Investment account
Investment accounts held through HawaiiUSA Investment and Insurance Services are titled to a trust through LPL Financial paperwork, on a separate track from the deposit accounts.1
Trust account forms HawaiiUSA FCU issues1
- Trust account application
Sent by the institution on request.1
What HawaiiUSA FCU says about trust accounts2
- Fees
The Schedule of Fees and Charges carries a Document Review Fee, quoted as "actual charges may apply".4
Safe deposit box rent is auto-deducted from the S01 Basic Savings (Prime Share) account.4
- Online access
Trust account opening is among the services that cannot be completed in a Virtual Branch video session, with notary, business account opening and cash or check transactions.2
Accounts handled elsewhere1
- HawaiiUSA Investment and Insurance Services
Investment, annuity and insurance beneficiaries, and trust titling of investment accounts, through LPL Financial1
Phone: 1-808-844-8338
Email: hiis@hawaiiusafcu.com
Not in HawaiiUSA FCU's published guidance2
- An online way to name a beneficiary
- A beneficiary form to download
Sources4
Sources
Data sourced from HawaiiUSA FCU primary sources (15 pages reviewed). How we research.
Download these HawaiiUSA FCU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against HawaiiUSA FCU primary sources. Bring it to the branch or keep it beside the phone.
HawaiiUSA FCU estate support
HawaiiUSA Investment and Insurance Services (securities and advisory services through LPL Financial)
Phone
Kahala branch investment office
Kaneohe branch investment office
Aiea branch investment office
Pearl City branch investment office
Hours
Mailing address
Website
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