How to name beneficiaries and fund a trust at iQ Credit Union
Covers 6 deposit, 2 retirement, and 2 lending accounts — beneficiaries must be updated in-branch
Member Services
iQ Credit Union, PO Box 1739, Vancouver, WA 98668-1739
Member Services
iQ Credit Union, PO Box 1739, Vancouver, WA 98668-1739
Member Services (no dedicated estate unit — death claims run through Member Services and the branches)
iQ Credit Union, PO Box 1739, Vancouver, WA 98668-1739
Estate planning at iQ Credit Union means getting each account set up so it transfers automatically when you die—either through a POD beneficiary or trust ownership. Because iQ Credit Union is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Without one of these in place, accounts may require probate before your family can access the funds.
Across 10 product types, iQ Credit Union 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.
- Full legal name, date of birth, Social Security number, and relationship for each beneficiary
- For IRA share or IRA certificate accounts: complete the separate IRA beneficiary designation. Section 4 of the Agreement states a POD designation does NOT apply to IRAs — an IRA needs its own form
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD beneficiaries must be recorded on the signed Account Card — there is no online beneficiary tool
- A POD designation does NOT apply to IRA accounts; IRAs are governed by a separate IRA beneficiary designation (Membership and Account Agreement, section 4)
- Multiple POD beneficiaries hold the account jointly WITH RIGHTS OF SURVIVORSHIP among themselves, so a POD beneficiary who predeceases you drops out and their share goes to the surviving POD beneficiaries, not to their descendants
- A POD beneficiary is only paid after the death of the LAST joint account owner — a surviving joint owner takes first
- iQ has no obligation to notify a beneficiary that an account exists or that their interest has vested
- Washington is a community property state; an individually titled iQ account may still hold community property funds regardless of who is named POD
Sources
Data sourced from iQ Credit Union primary sources (15 pages reviewed). How we research.
Download these iQ Credit Union instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against iQ Credit Union primary sources. Bring it to the branch or keep it beside the phone.
Member Services
iQ Credit Union, PO Box 1739, Vancouver, WA 98668-1739
Member Services
iQ Credit Union, PO Box 1739, Vancouver, WA 98668-1739
Member Services (no dedicated estate unit — death claims run through Member Services and the branches)
iQ Credit Union, PO Box 1739, Vancouver, WA 98668-1739
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