We know that changing financial institutions can be a hassle, but it doesn’t have to be with our credit union switch kit. Here’s a checklist and useful tips to help make the transition quick and easy.
Tip: A voided check is required from some companies and organizations to set up direct deposit.
Look through your previous bank statements for monthly and quarterly transactions automatically deducted from your current checking account. Don’t forget payments set up through an online bill pay service! Common transactions include:
- Telephone/cell phone
- Loans (auto, personal, student, etc.)
- Credit card
- Internet services
Contact the vendor directly and update the payment information to your new HCFCU checking account or cancel your bill payment service.
Keep a small amount of money in your old account in case any automatic payments are charged to the account. We recommend keeping it open for three to four months to ensure all payments have been correctly transferred to your new HCFCU account. When the account has been closed, destroy all remaining checks, ATM/debit cards and deposit slips.
Now it’s time to relax and enjoy all that Harris County Federal Credit Union has to offer!