How to name beneficiaries and fund a trust at Workers CU
Covers 9 deposit, 2 retirement, and 7 lending accounts — beneficiaries must be updated in-branch
119 Russell Street, Littleton, MA 01460
119 Russell Street, Littleton, MA 01460
Member Services
Workers Credit Union, 119 Russell Street, Littleton, MA 01460
The goal with your Workers CU accounts is to make sure every account has a transfer mechanism in place—either a POD beneficiary designation or trust ownership. Because Workers 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 Workers CU's 18 accounts has different rules for how it transfers at death. The sections below explain the options for each.
- Visit any Workers Credit Union branch location.
- Bring valid government-issued photo ID.
- Request the POD beneficiary designation form for deposit accounts or the IRA beneficiary form for retirement accounts.
- Complete and sign the form at the branch with all account owners.
- Branch staff will process the beneficiary update.
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- POD (Payable on Death) designations available for deposit accounts.
- IRA accounts have separate beneficiary designations.
- Trusts can be named as POD beneficiaries on deposit accounts.
- All account owners must sign the beneficiary designation form.
Sources
Data sourced from Workers CU primary sources (25 pages reviewed). How we research.
Download these Workers CU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Workers CU primary sources. Bring it to the branch or keep it beside the phone.
119 Russell Street, Littleton, MA 01460
119 Russell Street, Littleton, MA 01460
Member Services
Workers Credit Union, 119 Russell Street, Littleton, MA 01460
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