How to name beneficiaries and fund a trust at Mountain America
Covers 15 deposit, 3 retirement, and 2 investment accounts — beneficiaries must be updated in-branch
Member Services
Phone1-800-748-4302
Toll-Free1-800-748-4302
Mailing Address
Mountain America Credit Union, P.O. Box 2331, Sandy, UT 84091
Local (Salt Lake area)
Lost or stolen card
WebsiteLearn more→
Member Services (deposit accounts) / Mountain America Investment Services (LPL-held investment accounts)
Phone1-800-748-4302
Toll-Free1-800-748-4302
Mailing Address
Mountain America Credit Union, P.O. Box 2331, Sandy, UT 84091
Local (Salt Lake area)
WebsiteLearn more→
Member Services
Phone1-800-748-4302
Toll-Free1-800-748-4302
Mailing Address
Mountain America Credit Union, P.O. Box 2331, Sandy, UT 84091
Local (Salt Lake area)
WebsiteNotify online→
Verified Jul 2026
Estate planning at Mountain America means getting each account set up so it transfers automatically when you die—either through a POD beneficiary or trust ownership. Because Mountain America 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 20 product types, Mountain America 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.
MyFree CheckingMyStyle CheckingMyExpress AccountStudent CheckingPrimary SavingsSecondary SavingsMoney Market AccountHealth Savings Account (HSA)Standard CertificateBump CertificateGrowth CertificateYouth CertificateChristmas Club CertificateYouth SavingsTeen Savings
1
Visit a Mountain America branch with government-issued photo ID and ask to add or change the Payable on Death (POD) designation on your deposit accounts
2
Give the credit union, for each beneficiary:
- Full name, date of birth, Social Security number, and relationship
- For a trust named as beneficiary: the trust name, the date it was established, and its EIN
3
Understand what the Membership Agreement does with multiple beneficiaries before you sign: accounts payable to more than one beneficiary are treated as joint tenancies WITHOUT rights of survivorship, and no amount is paid to a beneficiary — or to that beneficiary's heirs or successors — who is not living when the account becomes payable
4
For an IRA, ask for the separate IRA beneficiary form; the POD designation on a deposit account does not reach it (https://www.macu.com/help/answers/investments/change-beneficiary-ira)
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD designations are available on deposit accounts (checking, savings, money market, certificates); IRAs use a separate IRA beneficiary form; investment accounts are designated through LPL Financial
- Multiple POD beneficiaries hold as joint tenants WITHOUT rights of survivorship — a beneficiary who is not living when the account becomes payable takes nothing, and nothing passes to that beneficiary's heirs or successors
- A POD account is payable to the beneficiaries only on the death of the LAST account owner
- Either owner may change a designated beneficiary by written direction during their lifetime; the credit union separately reserves the right to require written consent of all owners for a change of ownership, and any ownership change requires a new Membership Application or a deletion-of-joint-ownership form
- POD designations do not apply to accounts of organizations or businesses, with one carve-out: proprietors and single-member LLCs may designate a beneficiary
- A trust may be named as POD beneficiary using the trust name, the date it was established, and its EIN
- Beneficiary designations cannot be managed through online or mobile banking
Sources
Data sourced from Mountain America primary sources (19 pages reviewed). How we research.
Download these Mountain America instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Mountain America primary sources. Bring it to the branch or keep it beside the phone.
Member Services
Phone1-800-748-4302
Toll-Free1-800-748-4302
Mailing Address
Mountain America Credit Union, P.O. Box 2331, Sandy, UT 84091
Local (Salt Lake area)
Lost or stolen card
WebsiteLearn more→
Member Services (deposit accounts) / Mountain America Investment Services (LPL-held investment accounts)
Phone1-800-748-4302
Toll-Free1-800-748-4302
Mailing Address
Mountain America Credit Union, P.O. Box 2331, Sandy, UT 84091
Local (Salt Lake area)
WebsiteLearn more→
Member Services
Phone1-800-748-4302
Toll-Free1-800-748-4302
Mailing Address
Mountain America Credit Union, P.O. Box 2331, Sandy, UT 84091
Local (Salt Lake area)
WebsiteNotify online→
Verified Jul 2026
Estate planning articles
Learn how to protect your Mountain America accounts and other assets with trusts, beneficiary designations, and estate planning documents.
