Nominations
When you join Link Credit Union, you can nominate a beneficiary. The person nominated will be entitled to receive the funds held in your account(s) when you die, subject to legal limits.
A nomination is a legally binding, written instruction that tells Link Credit Union what to do with your money after your death.
It is important for you to update this form to ensure that it reflects any change in your status. If your nominated beneficiary dies before you, then another beneficiary should be nominated. It is important that you update your nomination in the case of a change in marital status, as the original nomination becomes invalid once you are married.
Members can nominate a person/persons to receive their Credit Union shares on death.
The nominated person can receive the funds without the need for probate subject to a maximum of €27,000. Any balance over this sum goes into the deceased persons estate.
Please contact your local office to ensure you have completed a nomination form.
Download and complete the nomination form below and return to one of our offices or email it back to info@linkcu.ie