How to name beneficiaries and fund a trust at ORNL FCU
Covers 8 deposit, 4 retirement, and 2 investment accounts — beneficiaries must be updated in-branch
ORNL FCU, P.O. Box 365, Oak Ridge, TN 37831
ORNL FCU, P.O. Box 365, Oak Ridge, TN 37831
Member Services (Death Claims)
ORNL Federal Credit Union, P.O. Box 365, Oak Ridge, TN 37831
There are two ways to keep your ORNL FCU accounts out of probate: adding Payable on Death designations and retitling accounts into a trust. Because ORNL FCU 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.
ORNL FCU has 14 accounts with different estate transfer rules. Here is how beneficiary designations, trust ownership, and probate apply to each one.
- POD (Payable on Death) beneficiary designation form for deposit accounts
- Separate IRA beneficiary designation form for IRA accounts
- Provide beneficiary details: full name, date of birth, Social Security number, and relationship
- Designate primary and contingent beneficiaries with percentage allocations
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD designations available for deposit accounts (checking/spending, savings, certificates, money market)
- POD beneficiary designations do not apply to IRA accounts, which are governed by a separate IRA agreement
- Online beneficiary designation is not available; must use branch, phone, or mail
- Investment account beneficiaries managed separately through LPL Financial
- Per the Universal Account Agreement (2025), beneficiaries may be named at the share level for share certificates only
- Review recommended after marriage, divorce, birth of a child, or other major life events
Sources
Data sourced from ORNL FCU primary sources (15 pages reviewed). How we research.
Download these ORNL FCU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against ORNL FCU primary sources. Bring it to the branch or keep it beside the phone.
ORNL FCU, P.O. Box 365, Oak Ridge, TN 37831
ORNL FCU, P.O. Box 365, Oak Ridge, TN 37831
Member Services (Death Claims)
ORNL Federal Credit Union, P.O. Box 365, Oak Ridge, TN 37831
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