How to name beneficiaries and fund a trust at Star One
Covers 9 deposit, and 5 retirement accounts — beneficiaries must be updated in-branch
Star One Credit Union, P.O. Box 3643, Sunnyvale, CA 94088-3643
Star One Credit Union, P.O. Box 3643, Sunnyvale, CA 94088-3643
Beneficiary/Retiree Services
Star One Credit Union, Attn: Beneficiary/Retiree Services, P.O. Box 3643, Sunnyvale, CA 94088-3643
There are two ways to keep your Star One accounts out of probate: adding Payable on Death designations and retitling accounts into a trust. Because Star One is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Both methods ensure your accounts transfer directly to the people you choose, without court involvement.
Star One has 14 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.
- Name, address, SSN/TIN, date of birth, and relationship
- Up to four POD beneficiaries can be designated per account
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD available for deposit accounts (checking, savings, certificates)
- Up to four POD beneficiaries can be designated per account
- Trusts can be named as POD beneficiaries
- Mail-in forms require notarized signatures; in-branch and Virtual Branch video appointments do not
- IRA beneficiaries are governed by separate IRA beneficiary designation forms, not the Account Card
- POD designations do not apply to IRA accounts
Sources
Data sourced from Star One primary sources (22 pages reviewed). How we research.
Download these Star One instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Star One primary sources. Bring it to the branch or keep it beside the phone.
Star One Credit Union, P.O. Box 3643, Sunnyvale, CA 94088-3643
Star One Credit Union, P.O. Box 3643, Sunnyvale, CA 94088-3643
Beneficiary/Retiree Services
Star One Credit Union, Attn: Beneficiary/Retiree Services, P.O. Box 3643, Sunnyvale, CA 94088-3643
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