Account Switch Kit 

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Seven easy steps to move your checking account

Tired of paying bank fees on everything from debit cards to minimum balances? We can help you move your checking account without stress and worries about a cash-crunch gap.

STEP 1: Open your new School Employees Credit Union checking account.

• Call us between 7:30 a.m. and 5:30 p.m. Monday – Friday at 1-888-628-4010. Any of our Financial Management Representatives can review checking account options, help you order new checks, and assist you in moving your checking account.  

STEP 2: Set up direct deposits to your School Employees Credit Union Account.

• Shortly after opening your account you'll receive a payroll authorization form. Return this form to your Human Resources department to have your paycheck deposited directly to your credit union account. 

STEP 3: Move automatic deposits and payments. 

• Make a list of all automatic deposits and payments for your old account and re-route them to your new account. Our Switch Kit contains all the forms you need to change direct deposit, change automated payments, and even send a notification to your bank when you’re ready to close your old account and send the funds to your credit union account.

STEP 4: Make the switch WORRY-FREE.

• To ensure you DON’T get caught in a cash crunch as checks continue to clear through your old account, opt for our WORRY-FREE loan. For as little as 2.99% APR*, you can borrow up to $5,000 for up to 12 months (see the example below). Split the funds between your old account and your new one. That gives you a comfortable cash cushion needed for checks to clear the old account and automated deposits and payments to fully transition to your new account.

• From the Online Banking login box on our home page, enter your account number (as the User ID), and type the last four digits of the primary accountholders' social security number as your temporary password. You can personalize both your User ID and password during the initial login process.

STEP 6: Verify and Transfer.

• Once you’re sure all checks have cleared your old account and your automated deposits and payments have transitioned to your new account, transfer any remaining funds to your credit union account.

STEP 7: Closure and Freedom!

• Close the old account, and get written confirmation it’s closed. Just withdrawing the cash doesn’t officially close the account, and you could get dinged for a monthly maintenance fee or below-minimum-balance fee.

*APR = Annual Percentage Rate. Example: Rate shown assumes our .50% discount for repayment by direct deposit or payroll deduction. Rates are available from 2.99% to 8.49% APR. Your personal credit history will determine the rate for which you may qualify. Example: If you borrow $5,000 at 2.99% APR for 12 months, your monthly payment would be $423.47 for a principal and interest total of $5,081.62.