Switching from one bank to another can seem like a daunting task. That’s why our goal is to make it as easy as possible for you to migrate your finances over to Chesapeake Bank. Our team is ready to answer any and all of your questions and welcome you to the community. Stop by, or call one of our convenient local branches to open your new accounts. If you prefer to have us call you, fill out our contact form to arrange an appointment.
Still need time to think? Here are four important steps to consider when it comes time to make the switch:
- Stop Using Old Accounts
Wait until all of your checks and deposits have cleared. Balance your account, so you know the closing amount. And be sure to destroy unused checks, deposit slips, ATM cards, and debit cards.
- Switch Your Direct Deposits
If you have a paycheck or other recurring income automatically deposited for you, make sure it follows you to Chesapeake Bank.
- Switch Your Automatic Payments
If your mortgage, insurance premium or other recurring bill is automatically debited, make sure future payments come from your new Chesapeake Bank account.
- Switch Your Online Bill Pay
If you banked online with your previous financial institution, print out a list of payees and their information before you close your old account. Then set up Chesapeake Bank’s Online Banking with Free Bill Pay.
Resources for making the switch
Changes like these must be made in writing. For your convenience, we’ve provided forms that you can download, complete on your computer, and print. Bring in your completed forms to start the process of switching to Chesapeake Bank.
Fill out the form below and we will e-mail you an Account Closing Letter, a Direct Deposit Letter, and an Automatic Payment Authorization Form. You’ll need all of these forms in order to begin switching your account to Chesapeake Bank, and to notify your work of the change.