Switch Kit A simple solution to transfer your accounts and services. SWITCHING IS EASY Page 1
Switch Kit Make the Move Moving your account to SESLOC Federal Credit Union is easy when you follow the steps below. We re here to help you every step of the way. 1 Not currently a member? It s easy! Stop by any of our convenient branches to open an account.* Already a member? We have a checking account that s right for you. Open a new checking account in ebranch or any SESLOC branch. 2 Start the switch by sending the forms below to the companies and financial institutions that handle your automatic deposits and withdrawals. We are happy to help with any of these forms. Use the checklist to keep track of people you need to contact. 3 Once you verify that outstanding checks have cleared and automatic withdrawals and direct deposits are redirected, you re ready to close your old account. This process may take several weeks. Log on to SESLOC ebranch to confirm each transaction has been redirected. Once confirmed, close your old account using the form on page 5. Destroy old checks, ATM/debit cards and deposit slips. Open Up Your New Accounts Switch Over Your Automatic Transactions Close Down Your Old Accounts Contacted Confirmed Your Personal Check List For Your Old Accounts Direct Deposit Employer (human resources) Retirement or pension payments Social Security Administration (800) 333-1795 (allow up to two pay cycles for direct deposit changes) Automatic Withdrawals Mortgage company Homeowner s insurance Auto insurance Life insurance Gym membership Utility companies Water Power Gas Telephone company Cable or Satellite company Automatic Charges to Debit or Credit Cards: Video Service Internet Provider *Membership is established with a $5 share savings deposit and a one-time $5 membership fee. You may join if you live, work, worship or attend school in San Luis Obispo County or someone in your immediately family is a SESLOC member. Page 2
Direct Deposit Please submit this direct deposit authorization form to your employer or organization that handles your direct deposit ( i.e., paycheck, Social Security or pension). Employer / Depositor s Name Please redirect my direct deposit to the following account: Savings # SESLOC Federal Credit Union 322282713 Checking # Financial Institution Routing Number as it appears on your check: example below Entire Paycheck Partial Paycheck $ (Attach a voided SESLOC check or deposit slip if available) Routing Number Account Number If you have any questions about this request, please contact me at Primary phone: ( ) Alternate phone: ( ) XXX-XX- Name - please print Social Security Number Employee Number I hereby agree that my employer and my employer s financial institution can initiate credit entries or debit entries to my designated SESLOC Federal Credit Union account as necessary to directly deposit my net pay or to correct any erroneous credit entries. Erroneous credits may be reversed by debit entry without advance notice to me, although I will be notified by my employer after the fact if an erroneous credit is reversed. I must restore any negative balance in any SESLOC Federal Credit Union account that results from reversal of an erroneous credit. This authorization will supersede any previous requests for my direct deposit and remain in full force and effect until I submit to my employer a written notice of change or cancellation. Any change or cancellation must be provided in a time and manner that affords my employer and SESLOC Federal Credit Union a reasonable opportunity to act on it. I acknowledge that the organization of ACH transactions to my account must comply with the provisions of U.S. law. Signature Date Page 3
Change Automatic Payment Return this form to the companies who make automatic withdrawals, such as car payment, utilities, health club, etc. Company Name Regarding my account: (Account or Other Identifying Number) You are currently withdrawing $ for (what payment is for), every (how often/when) from the following account: Old Financial Institution Financial Institution Routing Number Account Number Please stop making withdrawals from that account and instead make them from: SESLOC Federal Credit Union 322282713 Financial Institution Financial Institution Routing Number Account Number If you have any questions about this request, please contact me during the day evening at: ( ) Signature Print Name Date (Please photocopy if additional forms are needed). Page 4
Close Account Use this form to close accounts at other financial institutions. Financial Institution s Name Regarding my account (Account or Other Identifying Number) Please close this account on: (Date) and send a check for the remaining balance and a copy of this form to: SESLOC Federal Credit Union Attn: Online Switch Kit Post Office 5360 San Luis Obispo, CA 93403 Credit: Savings Acct. No. Checking Acct. No. If you have any questions about this request, please contact me during the day evening at: ( ) Signature Print Name Date Joint Owner Signature Print Name Date (Please photocopy if additional forms are needed). Page 5