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Step 1: Open a new
account at F&M. |
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Stop by any F&M branch to
open a new checking or savings account. Have the following items with
you when you open your account: |
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- Your old bank account
information
- Details of your existing
automatic payments
- Details of your existing direct
deposits
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- A valid driver's license or
other form of identification
- An opening deposit of $100.00
(deposit amount varies with type of account)
- Current utility bill
|
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Step 2: Stop using your
old account immediately. |
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Remember to leave adequate
funds to cover any outstanding checks or automatic payments that may be
charged to your account. You may also want to destroy any unused checks,
deposit slips, and ATM or debit cards from your old account. |
|
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Step 3: Change
all of your direct deposits. |
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Complete the
Direct Deposit Change Form
or
Government Direct Deposit Sign-up Form
and forward it to the appropriate place to let them know you've changed
banks. You may print or copy as many forms as you need. Include a
deposit slip or voided check from your new F&M account. |
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Step 4: Change
all of your automatic payments. |
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Change all of your
automatic withdrawals or automatic payment services using the
Automatic Payment Change Form.
Include a deposit slip or voided check from your new account. Don't
forget those payments that may use your old debit card number, such as
online services. You may print or copy as many forms as you need. |
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*** MAKE SURE THE
CHANGES YOU REQUESTED IN STEPS 3 AND 4 HAVE OCCURRED BEFORE COMPLETING
STEP 5. |
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Step 5: Close
your old bank account. |
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Simply complete and submit
the Account Closure Form
to close
your account - there's no need to personally visit your former bank. If
you have a remaining balance after your outstanding checks have cleared,
they will send you a check. |
|
That's it! Just 5
easy steps and you're ready to begin your F&M relationship.
Return to the Switch Kit home page |
