Moving your accounts to MTC Federal Credit Union is easy! Use this switch kit to help you get started so you can start enjoying all the benefits of MTC Federal Credit Union membership.
Step 1: Become a member.
If you aren’t already an MTC Federal member, join today! Once your share savings account is opened, you’ll have access to all of our other products and services like checking accounts and loans.
Step 2: Set up direct deposit and automatic payments.
Once your MTC Federal accounts are open, it’s easy to set up direct deposit and automatic payments on your new account.
Step 3: Make the switch.
Contact all companies that receive an automatic payment from your checking account – your electric company, car insurance, club dues, etc. Provide these companies with your new MTC Federal checking account information. Remember to also inform all companies that directly deposit funds into your account.
Step 4: Close accounts at other financial institutions.
Make sure you allow plenty of time for any outstanding checks or automatic payments to clear. Once you’re sure your old accounts are inactive, you can ask your old institution to send you the remaining balance by providing them a completed Close Account form.