How to name beneficiaries and fund a trust at Redwood CU
Covers 10 deposit, 4 retirement, and 1 investment accounts — beneficiaries must be updated in-branch
Phone707-545-4000
Toll-Free1-800-479-7928
Mailing Address
Redwood Credit Union, P.O. Box 6104, Santa Rosa, CA 95406
WebsiteLearn more→
Phone707-545-4000
Toll-Free1-800-479-7928
Mailing Address
Redwood Credit Union, P.O. Box 6104, Santa Rosa, CA 95406
WebsiteLearn more→
Member Service Center / Account Services
Phone707-545-4000
Toll-Free1-800-479-7928
Mailing Address
Redwood Credit Union, Attn: Account Services, PO Box 6104, Santa Rosa, CA 95406
WebsiteNotify online→
Verified May 2026
Preparing your Redwood CU accounts for estate transfer involves two key steps: designating beneficiaries on each account and, where appropriate, retitling accounts into a trust. Because Redwood CU is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Accounts with Payable on Death designations or trust ownership bypass probate entirely.
Redwood CU has 15 product types, and the estate transfer rules differ across them. Some support Payable on Death (POD) designations, some can be retitled into a trust, and others will require probate if nothing is set up. Each is covered below.
RCU Free CheckingRCU Benefits CheckingRCU Direct Access CheckingRCU SavingsCustom SavingsHoliday SavingsMoney Market GrowthRCU Performance Money MarketRCU Premier Money MarketRCU Savings Certificate
1
Visit any RCU branch with government-issued photo ID
2
Request a Payable on Death (POD) beneficiary designation for your deposit account(s):
- Provide beneficiary information: full legal name, date of birth, Social Security number, and relationship
- Specify primary and contingent beneficiaries with percentage allocations
3
Complete and sign the beneficiary designation form
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD (Payable on Death) available for deposit accounts (checking, savings, money market, certificates)
- Revocable living trust accounts available to members ages 18 and over
- Joint accounts with right of survivorship pass to the surviving owner(s)
- IRA beneficiary designations are separate from deposit account POD designations
- Separate HSA Beneficiary Designation/Change Form available at https://static.redwoodcu.org/pdfs/hsa-benef-designation.pdf
- Investment account beneficiaries are managed through LPL Financial
- Free notary services available at all RCU branches for estate-related documents
Phone707-545-4000
Toll-Free1-800-479-7928
Mailing Address
Redwood Credit Union, P.O. Box 6104, Santa Rosa, CA 95406
WebsiteLearn more→
Phone707-545-4000
Toll-Free1-800-479-7928
Mailing Address
Redwood Credit Union, P.O. Box 6104, Santa Rosa, CA 95406
WebsiteLearn more→
Member Service Center / Account Services
Phone707-545-4000
Toll-Free1-800-479-7928
Mailing Address
Redwood Credit Union, Attn: Account Services, PO Box 6104, Santa Rosa, CA 95406
WebsiteNotify online→
Verified May 2026
Estate planning articles
Learn how to protect your Redwood CU accounts and other assets with trusts, beneficiary designations, and estate planning documents.
