At First Choice, Payable On Death (POD) beneficiaries can be named by the account owners themselves. Joint account owners and power of attorneys cannot be named.
First Choice Federal Credit Union Products and Services
General questions and answers concerning First Choice Federal Credit Unions products and services for our members and the community.
Can I setup contingent beneficiaries for my First Choice Payable On Death (POD)?
Contingent beneficiaries is a solution to your evolving needs. We discuss how First Choice Federal Credit Union handles Payable On Death accounts and more.
Can I have more than one Payable On Death (POD) named on an account?
You may have as many Payable on Death (POD) beneficiaries on an account named as your financial institution like your bank or credit union allows.
Who can be named as a Payable On Death account as beneficiary?
Only real people can be named as beneficiaries on a payable on death (POD) account. No businesses, organizations or entities can be named.
Can I sign up for the First Choice newsletter for free?
The First Choice Federal Credit Union Newsletter is a solid source for information, tips and strategies. Learn about loans, money, budgeting and more.
Where are First Choice branches and locations?
First Choice Federal Credit Union is located across 3 branches in Lawrence County Pennsylvania (and New Castle, specifically).
How do you teach kids about saving money?
The task of teaching kids about saving money might seem difficult. However, with the First Choice Kids Club, this task is made a lot easier.
Can my children have their own savings account?
A savings account is a great way for your child to become smarter about their money. At First Choice, we have a simple method of creating a savings account for your child.
What is the First Choice Kids Club?
First Choice Credit Union is always looking to help our members. One area we see potential is in a child’s education with money – which is why we started the First Choice Kids Club.
What is GAP Protection and GAP Plus Protection?
GAP protection allows your money to be protected during the life of a loan. GAP protection and GAP Plus offers separate terms.