5 Steps to Switch Banks

Switching banks? Just follow these 5 easy steps.

1.  

Open your North Shore Bank account.

Visit any North Shore Bank office or open your new account online now. Questions or need help? Just call us at 1-800-236-4672.

2.  

Stop using your old account.

We'll be happy to safely destroy your old ATM and debit cards. We'll even pay you for your old unused bank checks-- 5¢ each up to $10.

3.  

Move your direct deposits.

To move direct deposits from an employer, download and complete this direct deposit form, include a voided deposit slip or check from your new account and deliver it to your company's Human Resources or Payroll Department.

To move direct deposits from the government, simply mail the form to the appropriate government agency. Or, for Social Security deposits, just call 1-800-772-1213 to complete the change over the phone.

4.  

Move your automatic payments.

To switch automatic payments to your new accounts, download and send the completed automatic withdrawal form to each vendor. View contact information for many of the companies that support Automatic withdrawal.

5.  

your old account.

Finally, it's time to close your old account. To do this, you don't even need to go to your old bank. Just download and send this completed closing form to your old bank and say goodbye. If there is an outstanding balance, they will mail you a check.

What information will I need?

  • Your new North Shore Bank account number. It's easy to find on your check.
  • The North Shore Bank "routing number" . It's 275071356.
  • Account numbers and mailing addresses for each company involving an automatic withdrawal. These are usually found on statements from your insurance company, utilities, health clubs, etc. View contact information for many of the companies that support Automatic withdrawal.
  • Old bank name, address, and account number.

What else you should know.

  • Remember, you need to deposit enough money in your new account to cover all automatic transactions coming due. However, be sure to keep your old account open for a while to allow all outstanding transactions to clear your account It could take up to two months for some companies to change the automatic transactions
  • Watch your new account to see when each of the automatic transactions appears. Most customers prefer to use Online Banking, so they can easily check their account to verify activity.
  • You can start new automatic transactions, too. Whether you're moving accounts or simply adding automatic transactions to existing accounts, you can use these same forms.

SwitchMate forms to download:

 

Equal Housing Lender Member FDIC | © 2009   North Shore Bank | Phone: 877.672.2265