How to name beneficiaries and fund a trust at Levo Credit Union
Covers 9 deposit, 3 retirement, and 2 lending accounts — beneficiaries must be updated in-branch
Member Services
Phone605-334-2471
Toll-Free1-800-568-5711
Mailing Address
Levo Credit Union, 700 E 14th Street, Sioux Falls, SD 57104
WebsiteLearn more→
Member Services
Phone605-334-2471
Toll-Free1-800-568-5711
Mailing Address
Levo Credit Union, 700 E 14th Street, Sioux Falls, SD 57104
WebsiteLearn more→
Member Services - Death Claims
Phone605-334-2471
Toll-Free1-800-568-5711
Mailing Address
Levo Credit Union, 700 E 14th Street, Sioux Falls, SD 57104
Verified Apr 2026
The goal with your Levo Credit Union accounts is to make sure every account has a transfer mechanism in place—either a POD beneficiary designation or trust ownership. Because Levo Credit Union 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 Levo Credit Union's 14 accounts has different rules for how it transfers at death. The sections below explain the options for each.
Personal CheckingRegular Shares (Savings)Special Shares (Goal Savings)Super Shares Money MarketChristmas ClubHealth Savings Account (HSA)Share Certificate (3-6 Month)Share Certificate (1-5 Year)Starter Checking
1
Visit any of the 8 Levo Credit Union branch locations
2
Bring required identification and information:
- Government-issued photo ID
- Beneficiary details: full legal name, date of birth, Social Security Number, and relationship
3
Request to add a Payable on Death (POD) beneficiary designation to your deposit account
4
Understand how POD designations work:
- Single-owner accounts: funds pass directly to the named POD beneficiary on death
- Joint accounts: funds pass to surviving joint owner first, then to the named POD beneficiary on death of the last owner
5
Review and sign the POD beneficiary designation form
6
Request a copy of the completed form for your records
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)
- IRA beneficiary designations are separate from POD and are set at account opening or by contacting the credit union
- POD beneficiary designation forms are not available for online self-service
- Investment or insurance products may have separate beneficiary processes
Member Services
Phone605-334-2471
Toll-Free1-800-568-5711
Mailing Address
Levo Credit Union, 700 E 14th Street, Sioux Falls, SD 57104
WebsiteLearn more→
Member Services
Phone605-334-2471
Toll-Free1-800-568-5711
Mailing Address
Levo Credit Union, 700 E 14th Street, Sioux Falls, SD 57104
WebsiteLearn more→
Member Services - Death Claims
Phone605-334-2471
Toll-Free1-800-568-5711
Mailing Address
Levo Credit Union, 700 E 14th Street, Sioux Falls, SD 57104
Verified Apr 2026
Estate planning articles
Learn how to protect your Levo Credit Union accounts and other assets with trusts, beneficiary designations, and estate planning documents.
