How to name beneficiaries and fund a trust at WyHy FCU
Trust paperwork is taken in branch
The goal with your WyHy FCU accounts is to make sure every account has a transfer mechanism in place—either a POD beneficiary designation or trust ownership. Because WyHy FCU is a membership-based institution, trust retitling must maintain the membership eligibility requirement. Accounts without either one pass through the estate, by probate or the state's small-estate procedure.
Each of WyHy FCU's 18 accounts has different rules for how it transfers at death. The sections below explain the options for each.
- Branches: Cheyenne, Casper, Rock Springs, Green River, and Lyman.
- Initial deposit of as low as $10.
Beneficiary designation is not available for retirement accounts at WyHy FCU.
What WyHy FCU says about trust accounts
Each section is WyHy FCU's own statement, with the document it comes from numbered under Sources.
Which accounts a trust can hold2
What WyHy FCU says about trust accounts3
- Membership
Under WyHy Bylaws Art. III, Sec. 6, shares issued in a revocable trust require the settlor to be a member of the credit union in the settlor's own right, and the trust must state the name of the beneficiary.2
A trust may itself be a member if all settlors, beneficiaries, and trustees are within the field of membership.2
- Checks and cards on a trust account
Trust accounts carry unlimited withdrawals and transfers and can include checking, debit cards and direct deposit.1
- Online access
The account is accessible online, through the mobile app, or at any WyHy branch.1
Not in WyHy FCU's published guidance4
- A beneficiary designation form
- An online way to name a beneficiary
- Payable-on-death designation procedure
- Which trust documents it accepts
Sources
Data sourced from WyHy FCU primary sources (17 pages reviewed). How we research.
Download these WyHy FCU instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against WyHy FCU primary sources. Bring it to the branch or keep it beside the phone.
WyHy FCU estate support
Contact Center
Phone
Toll-free
Cheyenne Fax
Casper Fax
Green River Fax
Contact Center Fax (dealer POs and payoffs only)
Fax
Mailing address
Website
Estate requests go through general customer service.
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