The writing is on the wall, you know it’s time to leave. The interest rates don’t compete, the customer service has taken a turn for the worse, or your company’s needs have simply changed. You know breaking ties with your current financial institution is the best decision, but the choice to move can be daunting. Making the switch is easier than you think. Here are some quick tips to get you started on a fresh start.
Open new business accounts.
At ICCU, we know a good business needs a flexible checking account, a strong savings account, and CD options to make your money work for you. ICCU offers many different types of accounts to fit your needs. We also offer a personal experience. Our business specialists guide you from start to finish and are always there to answer any questions you may have.
Notify customers of updated information.
If you have any customers who make automatic payments to your business, make sure they get your new routing and account numbers.
Switch your automatic payments.
Changing payroll and other payments at ICCU is simple. You won’t need to take multiple trips to your closest branch. Enjoy fast, convenient, electronic access, and originate ACH entries with Business eBranch and Business Bill Payment. Switching your automatic payments have never been easier.
Stop using your old business account.
Keep the old account open until all outstanding payments have cleared and you have moved everything over to your new ICCU accounts.
Close your old business account.
Once you verify that all your transactions have cleared, close your old account. If you need assistance, an ICCU business specialist can help you write a Letter of Closure to your previous financial institution.
Have financial expertise at your fingertips.
At ICCU, it’s a whole new experience. We work together with you as a team. Our specialists know your business and are available for you to contact directly. Our team is here to answer any questions and help execute and plan the financial needs of your business.
We have an entire team dedicated to the service and support of our business members at ICCU. Don’t wait to get in touch with one of our business specialists to see how we can serve you.