How to name beneficiaries and fund a trust at Service CU
Covers 9 deposit, 3 retirement, and 2 investment accounts — beneficiaries must be updated in-branch
Member Service
Service Credit Union, 3003 Lafayette Road, Portsmouth, NH 03801
Member Service
Service Credit Union, 3003 Lafayette Road, Portsmouth, NH 03801
Inheritor Services
Inheritor Services, Service Credit Union, P.O. Box 1268, Portsmouth, NH 03802-1268
The goal with your Service CU accounts is to make sure every account has a transfer mechanism in place—either a POD beneficiary designation or trust ownership. Because Service CU 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 Service CU's 14 accounts has different rules for how it transfers at death. The sections below explain the options for each.
- Request a POD (Payable on Death) beneficiary designation form
- Provide beneficiary details: full name, date of birth, Social Security number, and relationship
- Designate primary and contingent beneficiaries
- Specify percentage allocation if naming multiple beneficiaries
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD designations available for deposit accounts (checking, savings, certificates, money market)
- Changes to beneficiaries can be made at any time
- Life events such as divorce, death of a current beneficiary, or birth of a child may require beneficiary updates
- Investment account beneficiaries managed separately through Service Financial Group / LPL Financial
- Service CU cannot provide legal, tax, or estate planning advice
Sources
Data sourced from Service CU primary sources (21 pages reviewed). How we research.
Download these Service CU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Service CU primary sources. Bring it to the branch or keep it beside the phone.
Member Service
Service Credit Union, 3003 Lafayette Road, Portsmouth, NH 03801
Member Service
Service Credit Union, 3003 Lafayette Road, Portsmouth, NH 03801
Inheritor Services
Inheritor Services, Service Credit Union, P.O. Box 1268, Portsmouth, NH 03802-1268
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