How to name beneficiaries and fund a trust at IMCU
Covers 8 deposit, and 5 retirement accounts — beneficiaries must be updated in-branch
Member Services
Phone1-317-248-8556
Toll-Free1-800-556-9268
Emailmembers@imcu.com
Mailing Address
Indiana Members Credit Union, P.O. Box 47769, Indianapolis, IN 46247
QPhone (Phone Banking)
Fraud Department
Lost/Stolen Credit Card
WebsiteLearn more→
Indiana Members Investment Services (available through LPL Financial)
Phone1-317-610-3945
WebsiteLearn more→
Member Services (IMCU has no separate death-claims department or claims portal)
Phone1-317-248-8556
Toll-Free1-800-556-9268
Emailmembers@imcu.com
Mailing Address
Indiana Members Credit Union, C/O Member Services, P.O. Box 47769, Indianapolis, Indiana 46247
WebsiteNotify online→
Verified Jul 2026
Preparing your IMCU accounts for estate transfer involves two key steps: designating beneficiaries on each account and, where appropriate, retitling accounts into a trust. Because IMCU 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.
Across 13 product types, IMCU accounts vary in how they transfer at death. The sections below walk through Payable on Death (POD) designations, trust funding options, and which products support each method.
Free CheckingPREFERRED CheckingMembership SavingsMoney Market AccountHigh Yield Money MarketHealth Savings Account (HSA)Share CertificateHSA Certificate
1
Visit any of IMCU's 33 branches (locations at https://www.imcu.com/connect/locations) with government-issued photo ID
2
Ask Member Services to add or change the POD (Payable on Death) / trust account designation on the Membership Card for the account — the designation is recorded on the Membership Card or through IMCU's authenticated online application process, per Section 4 of the Membership Agreement (https://www.imcu.com/assets/files/ZINPmkS6)
3
Provide beneficiary details:
- Full legal name, date of birth, Social Security number, and relationship for each beneficiary/payee
- Percentage allocation if naming more than one — without a documented split, multiple surviving payees take in equal shares (Section 4)
4
For an IRA (Traditional, Roth, Coverdell ESA, IRA savings, IRA certificate), ask for the IRA beneficiary designation instead — Section 4 states a POD/trust account designation does not apply to IRAs
5
Sign the updated Membership Card and keep a copy
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD/trust account designations are available on deposit accounts (checking, Membership Savings, money market, share certificates) and are recorded on the Membership Card
- POD/trust account designations do not apply to IRAs; IRAs use a separate beneficiary designation on the plan agreement
- IMCU publishes no online beneficiary tool and no downloadable POD form — designations are made in branch, or on paperwork requested by phone and returned by mail
- When more than one payee survives the last owner, they own the funds jointly in equal shares without rights of survivorship unless state law provides otherwise (Section 4)
- Section 4 does not apply to an account held in the name of a trust — a trust-titled account is governed by the trust document, not by a POD designation
- On a joint account, any one owner may act for the others, including changing account designations (Section 3.b)
Sources
Data sourced from IMCU primary sources (15 pages reviewed). How we research.
Download these IMCU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against IMCU primary sources. Bring it to the branch or keep it beside the phone.
Member Services
Phone1-317-248-8556
Toll-Free1-800-556-9268
Emailmembers@imcu.com
Mailing Address
Indiana Members Credit Union, P.O. Box 47769, Indianapolis, IN 46247
QPhone (Phone Banking)
Fraud Department
Lost/Stolen Credit Card
WebsiteLearn more→
Indiana Members Investment Services (available through LPL Financial)
Phone1-317-610-3945
WebsiteLearn more→
Member Services (IMCU has no separate death-claims department or claims portal)
Phone1-317-248-8556
Toll-Free1-800-556-9268
Emailmembers@imcu.com
Mailing Address
Indiana Members Credit Union, C/O Member Services, P.O. Box 47769, Indianapolis, Indiana 46247
WebsiteNotify online→
Verified Jul 2026
Estate planning articles
Learn how to protect your IMCU accounts and other assets with trusts, beneficiary designations, and estate planning documents.
