Estate planning at Santa Fe FCU
How to protect 6 Santa Fe FCU accounts — manage beneficiaries in-branch, fund a trust in-branch, and file death claims
Member Services
Santa Fe Federal Credit Union, P.O. Box 15088, Amarillo, TX 79105-5088
Member Services
Santa Fe Federal Credit Union, P.O. Box 15088, Amarillo, TX 79105-5088
Member Services
Santa Fe Federal Credit Union, P.O. Box 15088, Amarillo, TX 79105-5088
How your Santa Fe FCU accounts transfer at death depends on how each one is set up. As a membership-based credit union, Santa Fe FCU headquartered in Amarillo, Texas. Six branches: Amarillo Main Office (7600 Hillside Rd., Amarillo, TX 79119), Amarillo Downtown Office (1422 S. Harrison St., Amarillo, TX 79101), Borger (1051 Florida St, Borger, TX 79007), Pampa (1939 N Hobart St, Pampa, TX 79065), Lubbock (4210 50th St Suite E, Lubbock, TX 79413), and Albuquerque, New Mexico (7101 Jefferson St NE, Albuquerque, NM 87109). Despite the "Santa Fe" name (from the Santa Fe Railway), the credit union is not located in the city of Santa Fe, NM; its only New Mexico presence is the Albuquerque branch. Membership requires a $5 initial deposit into a savings account, a government-issued photo ID with current address, and a Social Security number. Routing number 311376850. With 6 account types, the transfer rules vary—getting the right designations in place now prevents delays and court involvement later.
Santa Fe FCU handles beneficiary designations in branch and by phone. Accounts can also be retitled into a trust to keep them out of probate entirely.
Santa Fe FCU provides specific procedures for both proactive estate planning and filing claims after a death.
Preparing your estate
Beneficiaries and trust funding
How to update beneficiaries in-branch, fund a trust in-branch, and review 6 account types at Santa Fe FCU.
View details →When someone dies
Death claim process
4-step process, 5 required documents, and contact information for survivors.
View details →Because Santa Fe FCU serves a limited number of states, procedures for trust funding and beneficiary changes may differ depending on your location. Verify availability before starting.
Frequently asked questions
No. Despite the name, Santa Fe Federal Credit Union is headquartered in Amarillo, Texas, and takes its name from the Atchison, Topeka & Santa Fe Railway. It operates six branches across Texas and New Mexico. Its only New Mexico location is the Albuquerque office at 7101 Jefferson St NE. There is no branch in the city of Santa Fe, NM.
Membership requires a $5 initial deposit into a savings account, a government-issued photo ID showing a current address, and a Social Security number. The $5 deposit represents the member's share of the credit union. For current field-of-membership details, contact member services at 800.733.2804 or visit a branch.
Yes. A Traditional IRA at Santa Fe Federal Credit Union cannot be retitled into a trust name, but a trust can be named as the IRA beneficiary using an IRA beneficiary designation form. Naming a trust as an IRA beneficiary can affect how distributions are taxed; consult a tax professional before making the designation.
Visit a branch with your full trust agreement or certification of trust, government-issued photo ID for all trustees, and the trust's Tax ID Number (SSN or EIN). Checking, savings, and share certificate accounts can be retitled into the trust name. A Traditional IRA cannot be retitled to a trust. Call 800.733.2804 to confirm required documentation before visiting.
Santa Fe FCU offers a Regular Savings account (the $5 membership share account), a Special Savings account with no minimum, and share certificates (CDs) with a $500 minimum and terms from 6 to 36 months. Certificate dividends are the credit union's highest; early withdrawal penalties apply. Dividends on savings are calculated daily and paid quarterly.
Sources
Data sourced from Santa Fe FCU primary sources (8 pages reviewed). How we research.
Member Services
Santa Fe Federal Credit Union, P.O. Box 15088, Amarillo, TX 79105-5088
Member Services
Santa Fe Federal Credit Union, P.O. Box 15088, Amarillo, TX 79105-5088
Member Services
Santa Fe Federal Credit Union, P.O. Box 15088, Amarillo, TX 79105-5088
Estate planning articles
Learn how to protect your Santa Fe FCU accounts and other assets with trusts, beneficiary designations, and estate planning documents.
