Switch Kit
We make switching banks as easy as 1, 2, 3.
Switch Kit
First Federal has made moving your accounts fast and convenient with our Switch-Kit. This will help guide you through the
process and give you the tools to make the switch seamless!
- Make sure all checks have cleared the account being closed and make sure enough funds are left available to cover
automatic payments which might not have been withdrawn yet.
- Double check maturity dates if transferring Certificate of Deposit to avoid possible penalties.
- Notify direct deposit vendors (Payroll, social security, CD interest payments, etc.) of the new account relationship.
Click on our Payroll/Direct Deposit Form, complete and send to the appropriate vendor. Don’t forget to attach a new
deposit slip or voided check with this form.
- Notify your automatic payment vendors of your new account relationship by entering the new information and sending
them this letter. Automatic Payment Transfer Letter
- Send an Account Closing Letter to your previous bank notifying them to close the account and remit the remaining balance.
If you have any questions concerning this process,
Please call us at 244-0164 for more information.
