Have you established a Revocable Trust? Bring your trust papers into one of our locations to allow a member representative to review and open a Trust account. Fund your Trust account with a minimum savings of $5.00. Revocable trusts will receive dividends in the same manner as savings accounts held by members.
 

Each Settlor Trustee must establish membership in their own right by opening a primary account at Catholic Federal Credit Union.
 

Revocable Trusts must meet the following criterion to establish an account:

• Revocable trust agreements must be drawn up by a licensed attorney.
• The member must be both the settlor/trustor/donor/guarantor and the trustee (settlor trustee). This means that the member has created the trust and has the authority to manage it during his/her lifetime.
• The trust documents must clearly identify the successor-trustees, and how the trust is to be acted upon should the Settlor Trustee(s) be declared incompetent or deceased.

 The following services may be offered to revocable trusts:

• Regular Savings
• CDs/Share Certificates
• Checking Accounts
• Money Market Accounts
• Super Saver Accounts
• ET Express Telephone
• CU Online Home Banking
• Bill Payer
• E-Statements
• Debit Card privileges
• ATM privileges