switch kit

• Open a Telco Triad Community Credit Union Account.
• Review your last few statements from your other financial institutions(s) and identify all automatic payments and automatic deposits. Use the Automatic Payment and Deposit Checklist in this kit to keep you organized.

Remember: Not all automatic payments that you have previously established occur on a monthly basis. For example, insurance payments, some utilities and federal and state tax returns/payments can occur on irregular intervals such as bi-monthly, quarterly or even an annual basis.

• Prepare to move your direct deposit by completing the Direct Deposit Transfer Letter* included in this kit.
• To transfer social security deposits you can either call Social Security Administration or go to www.ssa.gov.
• Set up new automatic payments by using the Automatic Payment Transfer Letter* or by using our bill pay services in online banking. If you are setting up more than one
  payment, print or make additional copies of the Automatic Payment Transfer Letter* for each automatic payment.

*You may be asked to fill out an additional form by the company making the automatic payment/deposits.

• Confirm all pending withdrawals have cleared your old account(s) and confirm all automatic payments have been transferred to your new account(s). *Reminder: Leave sufficient funds in your former account(s) to cover any outstanding checks or pending automatic payments.*
• Complete the Account Closure Request Letter and send it to your former financial institution. (Some financial institutions may require you to fill out additional forms). If your account is an interest-bearing account, request to have your accrued interest be paid prior to closing or wait for the quarter to end.
• Destroy any unused checks, ATM/debit and credit cards, and deposit slips associated with your former account(s).
• Start using your new Telco Triad Community Credit Union account for all your deposits and payments.

• Remember to keep a copy of all documents, letter and forms for your personal records.

• Consider making your financial life less complicated by transferring other accounts to Telco Triad CCU. We offer a complete line of financial products including mortgage services. With all of your funds in one place, managing your money will be easier.
• Call us a 712-252-4368 or visit one of our branches and we will be happy to assist you.