Preparing your Langley FCU accounts for estate transfer involves two key steps: designating beneficiaries on each account and, where appropriate, retitling accounts into a trust. Because Langley 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.

With 19 product types, Langley FCU offers a range of transfer options. Some accounts support Payable on Death (POD) designations, others can be retitled into a trust, and some require probate if no beneficiary is designated. The sections below break down each step.

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1Visit any Langley FCU branch location

2Request the appropriate beneficiary designation form from a member service representative

3Provide beneficiary details: full name, date of birth, SSN, and relationship

4Submit the signed form to the representative

Required Documents

Trust name, date established, and tax ID (EIN or SSN)

Special Requirements

POD designation is an instruction that upon the death of the last account owner, funds are payable to all surviving POD beneficiaries/payees
Unless state law provides otherwise, multiple beneficiaries own funds jointly in equal shares without rights of survivorship
POD designations available on checking, savings, money market, and certificate accounts
IRA accounts use a separate beneficiary designation form
POD accounts are NCUA-insured separately up to $250,000 per beneficiary
Changes can be made at any time by submitting a new form