Ready to Switch? We Can Help!

You’re already a credit union member? Good for you. But if you aren’t, and concern about the work and time it would take you to switch is the only thing holding you back, you could be closer to making a move than you think.

It turns out that breaking up isn’t all that hard to do. You can follow this seven-step checklist adapted from Consumer Reports:

Step 1: Open your new account with a small deposit. You can open a savings account with us for only $6 ($1 one-time membership fee and $5 initial deposit). We also offer a free checking account– no monthly fee, no minimum balance requirement, no per check fee and a free debit card!

Step 2: List all of the automatic payments and deposits set up to go in and out of your old account each month and on what dates.

Step 3: If you have direct deposit, ask your employer to switch your paychecks to your new account. If you don’t already use direct deposit, this is a great time to set that up, too. Then, find out what date the first deposit will occur.

Step 4: When you know the date of your first deposit, reschedule each automatic payment or debit to come out of your new account.

Step 5: Leave a small amount of money in your old checking account for at least one more month.

Step 6: Once you’re sure all automatic payments and all direct deposits are coming and going from your new account, transfer the final funds from your old account into the new account.

Step 7: After the transfer clears in your new account, close the account at your old financial institution and get written confirmation that your account is closed.

When you’re ready to switch, we’re ready to help. It only takes a little time and some information. We would also be happy to talk with you about transferring any credit cards, home loans, vehicle loans or other credit accounts from other providers. Stop by one of our branches, call us at 800-448-4096 or email us at cuinfo@aacfcu.com, and let us know how we can help!