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Convert Your Existing Membership to a Trust

Please complete the form below and click the "Submit" button. Your information will populate our Account Card. Please print and sign the card and mail it to us at Star One Credit Union, P.O. Box 3643, Sunnyvale, CA 94088-3643, Attention: Account Services.

Please include a copy of the Trustee's picture ID and the original or certified Trust document as evidence of the Trust's existence (the Trust document will be returned to you upon our review). All new accounts are subject to verification through ChexSystems.

This Account Card supercedes any previous Account Card on file at Star One.


IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens or updates an account.

What this means for you:
When you open or update an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
 
Member Number:

OPTIONAL SERVICES

Please check if you want a Star One Checking Account {VISA Check Card (s) will be issued}
Please check here if you want free access to our Touchtone Teller and Online Banking services

TIN:
Name of Trust:
Date of Trust:  
 
Revocable Trust
Irrevocable Trust (All Trustors or all named beneficiaries of an Irrevocable Trust must be members of the Credit Union.)
 

TRUSTOR

Last:
Suffix:
First:
Middle Initial:

TRUSTEE

Check here if name is the same as the Trustor(s)
Last:
Suffix:
First:
Middle Initial:
Social Security Number / TIN:
Birthdate:
Street Address (No P.O. Boxes):
City and State:
,
Country:
USA Other 
Zip Code:
Home Telephone Number
Area Code:
 Phone Number:
Business Telephone Number
Area Code:
 Phone Number (include ext. if applicable):
E-Mail Address:
Occupation:
Employer:
Employee Number:
Employer Address:
I.D. or Drivers License
Number (Include State):
,
I.D. Issue Date:
I.D. Expiration Date:
Secret Password (Used by Star One for additional means of authorized Account Holder identification) Note: maximum characters: 18
 

SUCCESSOR TRUSTEE (for informational purposes only)

Last:
First:
Middle Initial:
Street Address (No P.O. Boxes):

Check if address is same as
      Primary Member's Address
City and State:
,
Country:
USA Other 
Zip Code:

BENEFICIARY INFORMATION

Beneficiary Name (1)
Last:
First:
Middle Initial:
Social Security Number / TIN:
Birthdate:
Street Address (No P.O. Boxes):
Check if address is same as
      Primary Member's Address
City and State:
,
Country:
USA Other 
Zip Code:
Relationship:
Beneficiary Name (2)
Last:
First:
Middle Initial:
Social Security Number / TIN:
Birthdate:
Street Address (No P.O. Boxes):
Check if address is same as
      Primary Member's Address
City and State:
,
Country:
USA Other 
Zip Code:
Relationship:
 

Certification of Trust Authority

Each Trustor/Trustee certifies to the Credit Union the following terms of authority and account conditions:

  1. A valid living Trust has been established under applicable law and currently exists.

  2. At least one Trustor of a Revocable Trust must be a member of the Credit Union. All Trustors or all named beneficiaries of an Irrevocable Trust must be members of the Credit Union.

  3. The Credit Union may rely on the authority of any Trustee until it receives written notice of revocation of the Trust or termination of Trustee's authority. The Credit Union may release funds or rely on the direction of any one Trustee acting alone unless the Credit Union agrees in writing that consent of more than one Trustee is required.

  4. Trustee(s) agree the Credit Union shall not be responsible for verifying whether any transactions conducted by Trustees on the TrustŐs accounts at the Credit Union are permissible under the express powers of the trust agreement. Trustee(s) agree to indemnify and hold the Credit Union harmless against any claim, liability or damage that may arise out of any actions the Credit Union takes pursuant to my/our request or instruction with respect to the account, including but not limited to closing the account, withdrawing funds from the account, accepting items for deposit and paying items drawn on the account and any amounts which the Credit Union expends in defending any claim to the funds or in paying or settling with other rightful claimants to the funds in the account. Amounts expended by the Credit Union shall include the amount of funds paid to Trustees or any amounts paid as damages by the Credit Union to other rightful claimants to the account and attorneys' fees and costs incurred by the Credit Union in resolving any dispute concerning the Credit Union's payment of the funds.

  5. All accounts held in the name of the Trust will be governed by the terms of this Certification, the Membership Application and Account Card, and by the terms of the Credit Union's Membership and Account Agreement and Disclosures as amended from time to time. Trustee has received a copy of the Agreement and Disclosures pertaining to the account(s) requested.

  6. If this is a Revocable Trust and the Credit Union receives any garnishment, levy, or other form of execution against the Trustor(s), or if the Trustor(s) owes money to the Credit Union, the Credit Union may treat all accounts held by or on behalf of the Trust as if they were held by the Trustor(s) individually

  7. Each Trustee of the Trust and is duly authorized to act on behalf of the Trust in the manner described in this Certification. Each Trustee is familiar with the purpose of the Trust and the relationship with the Credit Union. The Trustee(s) agrees to promptly notify the Credit Union in writing at the prior to any (a) change in the Trust's name, (b) change in the Trust's assumed business name(s), (c) change in the Trustees of the Trust, (d) change in the authorized signer(s), or (e) change in any other aspect of the Trust that directly or indirectly relates to any agreements between the Trust and the Credit Union.

  8. No change in the Trust's name will take effect until after Credit Union has been notified. The Trustee(s) further agree that the Credit Union shall bear no responsibility whatsoever for monitoring or ensuring that trust assets are allocated or distributed in compliance with the Trust, or for any and all matters bearing on the Trustees' administration of the Trust.

  9. THIS AGREEMENT AFFECTS YOUR LEGAL RIGHTS. IF YOU DESIRE ASSISTANCE OR ADVICE CONCERNING THIS AGREEMENT, YOU SHOULD SEEK THE ADVICE OF AN ATTORNEY OR OTHER PROFESSIONAL PERSON. THE CREDIT UNION CANNOT GIVE LEGAL ADVICE REGARDING EITHER THIS AGREEMENT OR THE TRUST.

Acceptance of Membership and Account Agreement
ACCEPT: By checking the Accept box, I/we have viewed and agree to the terms of the Membership and Account Agreement provided online, which will govern my deposit account and EFT services with the Credit Union.
Election for Online or Paper Disclosures
I/we understand I/we can choose to receive the Membership and Account Agreement and Disclosures online or receive them in paper form by mail.
ONLINE: By clicking the Online box, I/we accept the Membership and Account Agreement and Disclosures provided to me online. I/we have a computer with a Netscape Navigator or Microsoft Internet Explorer web browser to access the disclosures and a printer or ability to download the disclosures for my records. I/we understand I/we have the right to receive future documentation regarding the Online Banking services from time to time, including periodic statements, billing error resolution notices and notices of change in terms. Unless I/we elect to receive these documents electronically, the Credit Union will mail these documents to me/us.
MAIL: By clicking the Mail box, I/we request that a paper copy of the Membership and Account Agreement and Disclosures be mailed to me/us, prior to my/our use of any deposit account or EFT services provided by the Credit Union.
By signing the Account Card, I/we agree to the terms and conditions of the Membership and Account Agreement, Privacy Policy, Truth-in-Savings Rate and Fee Schedules, Funds Availability Policy disclosure, if applicable, and to conform to the bylaws or amendments the Credit Union makes from time to time which are incorporated herein. I/We acknowledge receipt of a copy of the agreement and disclosures applicable to the accounts and services requested herein. If an electronic funds transfer (EFT) service is requested and provided, I/we agree to the terms of and acknowledge receipt of the Electronic Funds Transfer Agreement. I/We agree to be bound by the terms and conditions of the Visa Check Card Agreement and Disclosure Statement that will be mailed with my/our card(s).
The Internal Revenue Service does not require your consent to any provision of this Membership Application and Account Card other than the certifications required to avoid backup withholding.
Please click the "Submit" button below. The information you provided above will populate our Account Card. Please print and sign the form and mail it to us at Star One Credit Union, P.O. Box 3643, Sunnyvale, CA 94088-3643, Attention: New Accounts. Please include a copy of picture ID of the Trustee. Trustee must sign the Account Card.
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