How to name beneficiaries and fund a trust at OnPoint Community CU
Covers 10 deposit, and 4 retirement accounts — beneficiaries must be updated in-branch
OnPoint Member Services
Phone1-503-228-7077
Toll-Free1-800-527-3932
Mailing Address
OnPoint Community Credit Union, P.O. Box 3750, Portland, OR 97208
WebsiteLearn more→
OnPoint Member Services
Phone1-503-228-7077
Toll-Free1-800-527-3932
Mailing Address
OnPoint Community Credit Union, P.O. Box 3750, Portland, OR 97208
WebsiteLearn more→
OnPoint Member Services (OnPoint does not publish a separate estate-claims department; deceased-member accounts are handled through Member Services and the branches)
Phone1-503-228-7077
Toll-Free1-800-527-3932
Mailing Address
OnPoint Community Credit Union, P.O. Box 3750, Portland, OR 97208
WebsiteNotify online→
Verified Jul 2026
There are two ways to keep your OnPoint Community CU accounts out of probate: adding Payable on Death designations and retitling accounts into a trust. Because OnPoint Community CU is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Both methods ensure your accounts transfer directly to the people you choose, without court involvement.
OnPoint Community CU has 14 accounts with different estate transfer rules. Here is how beneficiary designations, trust ownership, and probate apply to each one.
OnPoint CheckingOnPoint Access CheckingMember SavingsOnPoint Premium SavingsOnPoint Loyalty SavingsSecondary SavingsFlexSmart Money MarketOnPoint Certificate of DepositOnPoint HSA CheckingOnPoint Savers
1
Visit an OnPoint branch with government-issued photo ID.
2
Tell the member services representative you want to add or change a payable-on-death designation, and give the payee's full legal name (bring the payee's date of birth and Social Security number in case OnPoint asks for them).
3
All account owners sign the updated application / signature card.
4
Ask for confirmation showing the POD payee(s) on the account, and note that a new designation replaces the prior one rather than adding to it.
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD is available on checking, savings, money market, and certificate accounts — NOT on IRAs or HSAs, which are expressly excluded (Membership & Account Agreement Section 3.c) and use a separate beneficiary designation.
- A new POD designation replaces all prior beneficiary designations on that account.
- Multiple POD payees take jointly and equally with rights of survivorship between them unless the designation says otherwise (Section 3.c). Oregon's default under ORS 723.480(2)(b) is the opposite — no survivorship among payees — so this is OnPoint's account terms overriding the statutory default. If you want a deceased payee's share to pass to that payee's own children, say so in the designation rather than relying on the default.
- OnPoint is not obligated to tell a POD payee that the designation exists, so tell them yourself, or your money can sit unclaimed.
- A POD designation cannot be overridden by your will (ORS 723.480(5)).
Sources
Data sourced from OnPoint Community CU primary sources (16 pages reviewed). How we research.
Download these OnPoint Community CU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against OnPoint Community CU primary sources. Bring it to the branch or keep it beside the phone.
OnPoint Member Services
Phone1-503-228-7077
Toll-Free1-800-527-3932
Mailing Address
OnPoint Community Credit Union, P.O. Box 3750, Portland, OR 97208
WebsiteLearn more→
OnPoint Member Services
Phone1-503-228-7077
Toll-Free1-800-527-3932
Mailing Address
OnPoint Community Credit Union, P.O. Box 3750, Portland, OR 97208
WebsiteLearn more→
OnPoint Member Services (OnPoint does not publish a separate estate-claims department; deceased-member accounts are handled through Member Services and the branches)
Phone1-503-228-7077
Toll-Free1-800-527-3932
Mailing Address
OnPoint Community Credit Union, P.O. Box 3750, Portland, OR 97208
WebsiteNotify online→
Verified Jul 2026
Estate planning articles
Learn how to protect your OnPoint Community CU accounts and other assets with trusts, beneficiary designations, and estate planning documents.
