How to name beneficiaries and fund a trust at St. Mary's CU
Covers 11 deposit, 3 retirement, 2 investment, and 1 insurance accounts — beneficiaries must be updated in-branch
Member Solutions Center
Phone508-490-8000
Toll-Free1-866-585-7628
Mailing Address
SMCU Processing Center, P.O. Box 4144, Woburn, MA 01888
Corporate Office
Wealth Management (Delano Financial)
WebsiteLearn more→
Member Solutions Center
Phone508-490-8000
Toll-Free1-866-585-7628
Mailing Address
SMCU Processing Center, P.O. Box 4144, Woburn, MA 01888
Corporate Office
Wealth Management (Delano Financial)
WebsiteLearn more→
Member Solutions Center
Phone508-490-8000
Toll-Free1-866-585-7628
Mailing Address
SMCU Processing Center, P.O. Box 4144, Woburn, MA 01888
Verified Jul 2026
Preparing your St. Mary's CU accounts for estate transfer involves two key steps: designating beneficiaries on each account and, where appropriate, retitling accounts into a trust. Because St. Mary's 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.
The transfer rules at St. Mary's CU vary across 17 accounts. Below is a breakdown of beneficiary options, trust funding, and which products support each method.
Kasasa Cash CheckingKasasa Cash Back CheckingRelationship CheckingNo-Fee CheckingGateway CheckingKasasa SaverMembership SavingsStatement SavingsMoney Market AccountClub AccountCertificate of Deposit
1
Visit any St. Mary's Credit Union branch with government-issued photo ID
2
Complete the POD beneficiary designation form:
- Request a Payable on Death (POD) beneficiary designation form from a member service representative
- Provide beneficiary details: full legal name, date of birth, Social Security number, and relationship
- Designate primary and contingent beneficiaries
- Specify percentage allocation if naming multiple beneficiaries
3
Sign and submit the completed form to the representative
4
Request written confirmation of the beneficiary designation 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, money market, certificates)
- Changes to beneficiaries can be made at any time by the account owner
- Investment account beneficiaries managed separately through Delano Financial Management / LPL Financial
- Annuity beneficiary designations managed through the issuing insurance company via LPL Financial
- St. Mary's CU cannot provide legal, tax, or estate planning advice
Sources
Data sourced from St. Mary's CU primary sources (19 pages reviewed). How we research.
Download these St. Mary's CU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against St. Mary's CU primary sources. Bring it to the branch or keep it beside the phone.
Member Solutions Center
Phone508-490-8000
Toll-Free1-866-585-7628
Mailing Address
SMCU Processing Center, P.O. Box 4144, Woburn, MA 01888
Corporate Office
Wealth Management (Delano Financial)
WebsiteLearn more→
Member Solutions Center
Phone508-490-8000
Toll-Free1-866-585-7628
Mailing Address
SMCU Processing Center, P.O. Box 4144, Woburn, MA 01888
Corporate Office
Wealth Management (Delano Financial)
WebsiteLearn more→
Member Solutions Center
Phone508-490-8000
Toll-Free1-866-585-7628
Mailing Address
SMCU Processing Center, P.O. Box 4144, Woburn, MA 01888
Verified Jul 2026
Estate planning articles
Learn how to protect your St. Mary's CU accounts and other assets with trusts, beneficiary designations, and estate planning documents.
