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How to Switch your Bank Account to Cornerstone Credit Union

How to Switch your Bank Account to Cornerstone Credit Union

How to Switch your Bank Account to Cornerstone Credit Union

December 10, 2019

Perhaps you’ve heard how great credit union services are, how much lower their fees are, and how they offer much better interest rates than banks. But the idea of moving your accounts from your current bank sounds daunting. Well, it’s really not that hard. Follow these simple steps to switch to a Cornerstone Credit Union and start reaping the benefits of membership: Read more.
  How to Switch your Bank Account to Cornerstone Credit Union
Perhaps you’ve heard how great credit union services are, how much lower their fees are, and how they offer much better interest rates than banks. But the idea of moving your accounts from your current bank sounds daunting. Well, it’s really not that hard. Follow these simple steps to switch to a Cornerstone Credit Union and start reaping the benefits of membership:
  1. Open a new account at Cornerstone Credit Union. You’ll need a driver’s license, passport, or state ID, as well as provide your Social Security number, proof of address and a check or cash to deposit into the new account.
  2. Get the products or services Cornerstone Credit Union offers. Sign up for a debit and/or credit card, set up their mobile banking app, etc.
  3. Link your bank account to your new Cornerstone Credit Union account. This will make transferring money easier. If you need help, simply call or stop in to one of our four locations and have someone help you set this up.
  4. Switch your direct deposit and automatic bill payments to your Cornerstone Credit Union account.
  5. Make sure to leave enough money in your current bank account to cover any outstanding checks or automatic payments.
  6. Once your direct deposits and automatic payments are coming and going through Cornerstone Credit Union and the last of your bank checks have cleared, close your bank account.
Then, explore the ways your credit union can help your money go further!
 
Cornerstone Credit Union
1-800-711-3277  •  Routing: 271184425  •  NMLS #743907
 

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Your deposits are federally insured up to $250,000 by the National Credit Union Administration (NCUA), with an added safety net of private insurance (Excess Share Insurance/ESI) for an additional $250,000. This is the highest combination of federal and private insurance available to consumers.