If you wish to add a nominee enter the details then click on the Add Nominee button.
Nominations are a unique facility for Credit Unions.
You may nominate a person(s) who is to receive the property (e.g. shares or deposits) of your accounts with the credit union upon your death up to a maximun of 23,000. Any amount in excess of this balance will form part of your estate.
You may change the details of your nomination as often as you like. A completed nomination must be signed and witnessed by a staff member. The most recent nomination is the valid nomination.
A nomination is not revocable or variable by the terms of your will or by a codicil to your will.
The nominated property does not form part of the deceased person's estate.
A nomination is automatically revoked when your nominee dies before you. In this case, you should consider completing a new nomination. If you do not, your property in the credit union may form part of your estate.
Where your personal circumstances change (e.g. marriage, divorce or separation) you should review your nomination at that time.
A nomination is automatically revoked by your subsequent marriage.