We’re Here to Support You
Losing a loved one is never easy, and managing financial matters during this time can feel overwhelming. If your family member held an account with Industrial Federal Credit Union, please know that we are here to help. Our team is committed to guiding you through each step and taking care of the necessary banking details, so you can focus on what matters most.
To help make this process as smooth as possible, we’ve created a general checklist to assist you during this difficult time. Please note that the checklist may not cover every requirement, as needs can vary depending on the type of account and the estate. For specific questions or personalized guidance, we recommend consulting with your legal counsel.
You are not alone — we’re here to support you every step of the way.
Start the process by notifying Industrial Federal Credit Union of the passing of a member. Include the member’s name, address, and date of death.
First Steps
When someone passes away, there are decisions to be made that can feel overwhelming. Let us guide you through those first steps.
Step 1: Notify the Credit Union
- Notify Industrial Federal Credit Union of the member's passing as soon as possible
Step 2: Gather Required Documents
Not all documents apply to every situation.
- Certified copy of the death certificate
- Government?issued photo ID of executor/administrator
- Legal documents to settle the account (such as Letters Testamentary, Letters of Administration, and/or Small Estate Affidavit)
- Trust documents (if applicable)
Step 3: Meet with an IFCU Representative
- Contact a Member Center to schedule an appointment with a representative
- Meet with a representative to review accounts and next steps