How to name beneficiaries and fund a trust at UNFCU
Covers 4 deposit, and 1 retirement accounts — beneficiaries can be managed online
Member Services
United Nations Federal Credit Union, Court Square Place, 24-01 44th Road, Long Island City, NY 11101 USA, ATTN: Contact Center
Member Services
United Nations Federal Credit Union, Court Square Place, 24-01 44th Road, Long Island City, NY 11101 USA, ATTN: Contact Center
Legal Processing Team
United Nations Federal Credit Union, Court Square Place, 24-01 44th Road, Long Island City, NY 11101 USA
There are two ways to keep your UNFCU accounts out of probate: adding Payable on Death designations and retitling accounts into a trust. Because UNFCU 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.
UNFCU has 5 accounts with different estate transfer rules. Here is how beneficiary designations, trust ownership, and probate apply to each one.
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- Beneficiary (Payable on Death) designations are available on deposit accounts: checking, high-yield savings, and share certificate accounts
- Up to five beneficiaries can be designated per account through Digital Banking; naming more than five, or naming a child/minor, requires contacting UNFCU directly
- A trust can be named as beneficiary by providing the trust name, date founded, trustee, and contact information
- Accounts already titled in a revocable living trust cannot carry a separate beneficiary designation
- UNFCU does not accept beneficiary updates by phone or web chat
- Beneficiaries have no access to the account during the owner's lifetime; funds pass to them at death outside probate
Sources
Data sourced from UNFCU primary sources (11 pages reviewed). How we research.
Download these UNFCU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against UNFCU primary sources. Bring it to the branch or keep it beside the phone.
Member Services
United Nations Federal Credit Union, Court Square Place, 24-01 44th Road, Long Island City, NY 11101 USA, ATTN: Contact Center
Member Services
United Nations Federal Credit Union, Court Square Place, 24-01 44th Road, Long Island City, NY 11101 USA, ATTN: Contact Center
Legal Processing Team
United Nations Federal Credit Union, Court Square Place, 24-01 44th Road, Long Island City, NY 11101 USA
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