Washington Savings Bank - Switch Kit

200 South Banker Street • Effingham, IL 62401 • 217.347.7173

NEW ACCOUNT CONVERSION CHECKLIST

You may check the boxes next to the items you've completed (if any), and then print out and keep this checklist handy. As you continue completing items, simply check off the boxes on your printed copy.

Notice: Customers are advised to contact Washington Savings Bank by telephone or personally, at 200 South Banker Street, prior to starting any account closure at another institution and performing account openings at Washington Savings Bank.

	Make sure all checks have cleared on your checking account
	Make certain enough funds are available in your account to cover any automatic payments that may still need to be withdrawn
	Double check maturity dates if transferring a Certificate of Deposit in order to avoid possible penalties
	Send written notice to your direct deposit vendors (payroll, social security, CD interest payments, etc.) of the change in your financial institution*
	Send written notice to your vendors who automatically take your payments from your checking account (utilities, insurance companies, internet service providers, banks, etc.) that you are closing the account*
	Send notification of new account information to vendors who you want to continue to generate automatic withdrawals instead of paying by BillPay*; or use this notification to start a new automatic payment with a vendor
	Send written notice to the financial institution that you are closing the account*

*	A form is available in this Switch Kit for this purpose.