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
Phone800-247-4364
Mailing Address
iQ Credit Union, PO Box 1739, Vancouver, WA 98668-1739
Online and digital banking support
WebsiteLearn more→
Member Services
Phone800-247-4364
Mailing Address
iQ Credit Union, PO Box 1739, Vancouver, WA 98668-1739
WebsiteLearn more→
Member Services (no dedicated estate unit — death claims run through Member Services and the branches)
Phone800-247-4364
Mailing Address
iQ Credit Union, PO Box 1739, Vancouver, WA 98668-1739
WebsiteNotify online→
Verified Jul 2026
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.
Intelligent CheckingBasic CheckingIntelligent SavingsRegular Savings (Membership Share Account)Money Market AccountCertificate
1
Visit any iQ Credit Union branch with a valid government-issued photo ID (17 branches across Southwest Washington and the Portland metro; see https://www.iqcu.com/locations)
2
Ask to add or update the POD (Payable on Death) beneficiaries on your Account Card — under the Membership and Account Agreement, POD beneficiaries are designated ON THE ACCOUNT CARD, which is why this cannot be done in online banking
3
Provide the beneficiary details:
- 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
4
Understand how iQ pays multiple POD beneficiaries before you sign: section 4 says accounts payable to more than one POD beneficiary are owned by those beneficiaries JOINTLY WITH RIGHTS OF SURVIVORSHIP. If one of your named POD beneficiaries dies before you, their share goes to the other surviving POD beneficiaries — it does NOT pass to that person's children
5
Review and sign the updated Account Card
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
Phone800-247-4364
Mailing Address
iQ Credit Union, PO Box 1739, Vancouver, WA 98668-1739
Online and digital banking support
WebsiteLearn more→
Member Services
Phone800-247-4364
Mailing Address
iQ Credit Union, PO Box 1739, Vancouver, WA 98668-1739
WebsiteLearn more→
Member Services (no dedicated estate unit — death claims run through Member Services and the branches)
Phone800-247-4364
Mailing Address
iQ Credit Union, PO Box 1739, Vancouver, WA 98668-1739
WebsiteNotify online→
Verified Jul 2026
Estate planning articles
Learn how to protect your iQ Credit Union accounts and other assets with trusts, beneficiary designations, and estate planning documents.
