SWITCH KIT - CHECKLIST We ll make it quick -and easy- to switch your accounts to. Simply use this checklist to help you make the switch! 1. Have your new account number(s) ready when completing the authorization forms in the switch kit: Account Number: 2. Switch DIRECT DEPOSITS/AUTOMATIC DEPOSITS using the Authorization to Change Direct Deposit : Employer Deposit Brokerage deposits Government Deposit Child Support or Court Ordered deposits Social Security Administration Other 3. Switch automatic payments/withdrawals using the Authorization to Change Automatic Withdrawal: Mortgage/Rent Auto Internet Service Club/Membership Dues Investments Cable TV/Satellite Utilities: Electric, Gas, Water Phone/Cell Phone Online Billing Other 4. Close all other savings, checking & bill payment accounts using the Authorization To Close Account: Financial Institutions: 5. Transfer high-rate credit card balances to your Visa using the Balance Transfer Authorization: Credit Cards to Transfer: 6. Additional options to explore: Refinance your auto loan at Refinance your Mortgage Loan at Utilize the equity in your home with one of s home equity services For additional detail or help switching your accounts to - just ask us! Helping you will be our pleasure. Please visit any branch office or call 413-536-0475.
STEP 2 Authorization to Change Direct Deposit Instructions: Complete this authorization to change direct deposits to and provide to your payroll office or any other payor who makes automatic deposits to your account. Employer/Depositor s Name You are currently making direct deposits on my behalf to this account: Old Bank: Routing Number: Account Number: Please discontinue direct deposits here and immediately start direct deposits to my account at: Signature Name Employee ID Number
STEP 3 Authorization to Change Automatic Withdrawal Instructions: Complete this authorization to have automatic withdrawals made from your account. Print one authorization for each company that makes automatic withdrawals from your account. Remember to change any automatic payments made by debit card too. Name of Company That Makes Automatic Withdrawal You are currently withdrawing $ (amount) on a (when) basis for my (what payment is for) from: Old Bank: Routing Number: Account Number: Or Card Number: Please discontinue withdrawals from this account and (check one): Begin withdrawals from my account at: Begin withdrawals from my card: Card Number: Expiration: CVV: I will use s Bill Pay service to make future payments. Signature Name
STEP 4 Authorization to Close Account Instructions: Complete this authorization to close accounts at other financial institutions and have funds transferred to your account. Please print one authorization form for each financial institution where you have accounts. Remember to destroy and recycle old checks and destroy your old ATM and debit cards. Bank/Other Financial Institution Name Please close my account(s) with your financial institution: Account Numbers: Account Holders: ID Verification (SSN or secret account code): And send a check for the remaining balance(s) to my new account at: I have also made arrangements to discontinue the direct deposit and automatic withdrawal of funds from my account(s) with your financial institution. Account Holder 1 Signature Account Holder 2 Signature
BALANCE TRANSFER AUTHORIZATION Lower your credit card costs when you transfer your other high-rate credit card balances to your Alden Credit Union Visa Card Complete information is required to accomplish the transfer. Member Name: Member #: Please transfer the balance of the following accounts to my Alden VISA Account. I understand that Alden may not be able to process a balance transfer request if it exceeds my available credit limit. Card Issuer: Payment : Card Issuer: Payment : City: State: Zip: City: State: Zip: Account #: Card Issuer Phone #: Amount to Transfer $ Account #: Card Issuer Phone #: Amount to Transfer $ _ Card Issuer: Payment : Card Issuer: Payment : City: State: Zip: City: State: Zip: Account #: Card Issuer Phone #: Amount to Transfer $ Account #: Card Issuer Phone #: Amount to Transfer $ Terms and Conditions: 1) Funds will be sent only to recognized creditors of financial institutions and will not be sent to your home or billing address. 2) Please continue to make your minimum required payment to these creditors until the requested transfer payment appears on the account s billing statement. Alden CU is not responsible for any remaining balance on that account, or for any finance or other charges you incur due to delays in transferring a balance. 3) If you transfer an amount for a transaction you dispute, you may lose some or all of your rights against the other creditor. 4) While Alden CU can pay your accounts directly, Alden CU cannot close these accounts for you. If you wish to close any of these accounts, write directly to the creditor. Account balance transfers are contingent upon account setup and assigned credit limit. In some cases, Alden CU may not be able to process a balance transfer request if it exceeds your available credit limit. By signing below I authorize to pay on my behalf each balance or portion of balance I have designated. I have read the terms and conditions. Signature: : Signature: : Mail, Fax or Drop off in Person to:, Attn: Consumer Loan Department, Chicopee, MA 01020 Fax: 413-536-0986