Coogan Trust Account

Minors who work and/or perform in California, and are required to open a locked trust account can do so at ActorsFCU. Options include Savings Accounts and Certificates of Deposit. As funds are accumulated, a vast array of investment options are available through our Financial Services Program, an in-house investment service with Royal Alliance Associates, Inc., member FINRA / SIPC.

The following items are required to open a Coogan Trust Account:

  • Copy of the child’s birth certificate
  • Child’s Social Security Number
  • Trustee’s Social Security Number
  • Trustee’s government-issued photo ID

Download Coogan Trust Account Forms

Please note:  Funds deposited into a Coogan Trust Account are locked and are not available for withdrawal without a court order until the minor reaches the age of 18.