How to name beneficiaries and fund a trust at PenAir
Covers 8 deposit, 2 retirement, and 13 lending accounts — beneficiaries must be updated in-branch
Phone877-473-6247
Mailing Address
PenAir Credit Union, Attn: Member Services, 1495 E. Nine Mile Road, Pensacola, FL 32514
Local
Mortgage Department
Wealth Management
Health Savings Accounts
WebsiteLearn more→
Phone877-473-6247
Mailing Address
PenAir Credit Union, Attn: Member Services, 1495 E. Nine Mile Road, Pensacola, FL 32514
Local
Mortgage Department
Wealth Management
Health Savings Accounts
WebsiteLearn more→
Member Services
Phone877-473-6247
Mailing Address
PenAir Credit Union, Attn: Member Services, 1495 E. Nine Mile Road, Pensacola, FL 32514
Verified Apr 2026
The goal with your PenAir accounts is to make sure every account has a transfer mechanism in place—either a POD beneficiary designation or trust ownership. Because PenAir is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Accounts without either one will require probate, which means court involvement and delays for your family.
Each of PenAir's 23 accounts has different rules for how it transfers at death. The sections below explain the options for each.
Personal CheckingHigh-Yield CheckingPrimary SavingsRound It AccountChristmas Club AccountMoney Market AccountCertificate of DepositHealth Savings Account (HSA)
1
Visit any PenAir branch location:
- Bring government-issued photo ID
- Have account number and beneficiary information ready: full name, date of birth, Social Security number, and contact information
2
Complete the beneficiary designation form with a member services representative:
- Designate primary and contingent beneficiaries with percentage allocations
- For IRA accounts, complete a separate IRA beneficiary designation form
3
Sign and submit the completed form
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- You must be a PenAir member to designate or modify beneficiaries
- POD designations available for deposit accounts (checking, savings, CDs, money market)
- Online self-service beneficiary updates not available; use phone, branch visit, or scheduled video appointment
- IRA beneficiary designations are separate from POD designations on deposit accounts
- Required information: account number, beneficiary full name, date of birth, SSN, and contact information
Phone877-473-6247
Mailing Address
PenAir Credit Union, Attn: Member Services, 1495 E. Nine Mile Road, Pensacola, FL 32514
Local
Mortgage Department
Wealth Management
Health Savings Accounts
WebsiteLearn more→
Phone877-473-6247
Mailing Address
PenAir Credit Union, Attn: Member Services, 1495 E. Nine Mile Road, Pensacola, FL 32514
Local
Mortgage Department
Wealth Management
Health Savings Accounts
WebsiteLearn more→
Member Services
Phone877-473-6247
Mailing Address
PenAir Credit Union, Attn: Member Services, 1495 E. Nine Mile Road, Pensacola, FL 32514
Verified Apr 2026
Estate planning articles
Learn how to protect your PenAir accounts and other assets with trusts, beneficiary designations, and estate planning documents.
