Trusts aren’t just for the wealthy. They’re for anyone who wants to make sure their family’s financial goals are met.
Your Life. Your Dreams. Your Legacy.
Preserve your wealth for generations to come. Trust and Estate accounts can provide a safe way for your assets to be passed on. We understand the responsibilities of a trust and can help you manage yours with confidence. Corning Credit Union offers three types of accounts. Find the one that is right for you and your family.
The Trust account includes1:
- Competitive dividend rates.
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- The flexibility to place all or a portion of your accounts “in trust.”
- Choice of
savings,
checking, or both.
- Withdrawal restrictions for “trustees.”
The Totten Trust/Tentative Trust/Payable on Death (POD) account includes2:
- Competitive dividend rates.
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- You have the ability to name a beneficiary(s) to receive the funds in the account upon your death.
- This account is a revocable trust which allows you to cancel or amend it at any time.
The Estate accounts are designed to ease the burden of estate distribution by centralizing funds. Estate accounts provide3:
- Competitive dividend rates.
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-
Savings,
checking, and
certificate accounts are available.
To find out how you can open a Trust account, please contact a CCU associate for more information.
1Corning Credit Union cannot provide legal advice. Some limitations may apply. 2Totten Trust/Tentative Trust/Payable on Death (POD) accounts are only available in New York, Pennsylvania, North Carolina, and South Carolina. 3The decedent or all of the beneficiaries of the estate must be members in order to establish an Estate Account with CCU. The field of membership requirement does not apply to the Executor or Administrator of the estate.