Estate planning at OCCU
How to protect 9 OCCU accounts — manage beneficiaries in-branch, fund a trust in-branch, and file death claims
OCCU, P.O. Box 77002, Springfield, OR 97475-0146
OCCU, P.O. Box 77002, Springfield, OR 97475-0146
Member Services / Estate Settlement
OCCU, P.O. Box 77002, Springfield, OR 97475-0146
How your OCCU accounts transfer at death depends on how each one is set up. As a membership-based credit union, OCCU operates 16 full-service branches across Oregon, including locations in Eugene, Springfield, Bend, Redmond, Roseburg, and other communities. Headquartered at 2880 Chad Drive, Eugene, OR 97408. Members also have access to a nationwide network of shared branches and Co-op ATMs. With 9 account types, the transfer rules vary—getting the right designations in place now prevents delays and court involvement later.
Account holders can update their beneficiary designations at OCCU in branch, by mail, and by phone. Accounts can also be retitled into a trust to keep them out of probate entirely.
OCCU has documented procedures for both preparing accounts during your lifetime and handling claims when an account holder passes away.
Preparing your estate
Beneficiaries and trust funding
How to update beneficiaries in-branch, fund a trust in-branch, and review 9 account types at OCCU.
View details →When someone dies
Death claim process
5-step process, 7 required documents, and contact information for survivors.
View details →OCCU operates in select states, so estate planning procedures may vary by location. Confirm availability in your state before initiating trust funding or account changes.
Frequently asked questions
Yes. OCCU accepts both revocable and irrevocable trusts for deposit accounts including checking, savings, Ignite Savings, money market, and certificates of deposit. Visit an OCCU branch with your Certification of Trust (or full trust agreement), valid photo ID for all trustees, and the trust's Tax Identification Number (or grantor SSN for a revocable trust). Existing deposit accounts can be retitled to the trust without closing and reopening, provided the same SSN or EIN is used. IRA accounts cannot be retitled to a trust; the trust can only be named as beneficiary on an IRA.
Sources
Data sourced from OCCU primary sources (20 pages reviewed). How we research.
OCCU, P.O. Box 77002, Springfield, OR 97475-0146
OCCU, P.O. Box 77002, Springfield, OR 97475-0146
Member Services / Estate Settlement
OCCU, P.O. Box 77002, Springfield, OR 97475-0146
Estate planning articles
Learn how to protect your OCCU accounts and other assets with trusts, beneficiary designations, and estate planning documents.
