This kit is a developed
system to help our new
customers make a smooth and
easy transition to our services.
We have included everything you need for a quick change. Please
feel free to stop by one of our
branches or give us a call if you
need assistance. Our friendly
staff will walk you through the
simple steps of switching your
accounts to First Federal
Savings Bank.
Let’s get started!
Step 1: Open Your New Accounts
Your first step is to open your new First Federal Savings Bank Checking account. Simply drop off the New Account form with your initial deposit, at any of our 15 banking center locations. You will then be asked to sign a signature card.
Step 2: Switch Your Automatic Transactions
The Change Automatic Withdrawal and Change Direct Deposit forms will help you contact the companies and financial institutions which handle your automatic deposits and withdrawals. We’ll be happy to help you with any of these forms.
Step 3: Close Your Old Accounts
Be sure to leave your old accounts open long enough to allow outstanding checks and automatic withdrawals to clear. Leave enough money in place to cover these transactions. This process may take several weeks. Once you’re sure that the old accounts are inactive, you can ask your previous financial institution to send you the balance from that account and use this Close Account form. Then you can destroy your old checks, ATM/Debit cards and deposit slips.
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