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Members 1st Federal Credit Union - Deposit Accounts

Trust Accounts

Do you have money that you'd like to leave for your children or another designated beneficiary? Would you like to leave something behind to ensure the financial stability for a loved one, but want to put specific conditions on the account and fund availability?

You may want to consider setting up a trust account.

A trust account is a deposit account designated by its owner to be held "in trust for" a named beneficiary. It is designed to protect funds for future use by the designated beneficiary. We offer revocable trusts and irrevocable trusts.

How do I open a Trust Account?

To open a Trust Account, you may visit any branch.

Who can I talk to if I have questions?

We advise talking to your personal attorney before setting up a trust account. Call TeleBranch (customer service) at (800) 237-7288 or stop by your local branch.