Switch Kit
We understand that changing banks can be a little daunting, so we put together a Switch Kit to help make it as easy as possible. Use our convenient forms and follow these six steps to update your direct deposits, automatic payments, and more.
1. Open your new account.
Ready to open your Union Bank account? Choose the right account for you and apply online here, or visit with a friendly Personal Banker at any UBT location. We’re here to help you with anything you need.
Use these forms to update your direct deposits, automatic payments, and more. The Switch Kit includes forms for:
- Direct deposit change
- Automatic and recurring payments
- Automated transfers and investments
2. Update your direct deposit information.
It’s important to complete this information for your employer and/or the Social Security Administration as soon as you can, as this can take 2-4 weeks to take effect. A Direct Deposit Change Form is available in this kit for your convenience.
3. Update your automatic transactions and subscriptions.
We’ve included a handy form to guide you through identifying automatic transactions connected to your checking account or debit card, including utilities, subscriptions, insurance, and more. This form will help you make sure you think of everything and help you document contacting them should any issues or questions arise.
Direct deposit:
- Your employer’s Human Resources department
- The company handling your retirement or pension payments
- Social Security Administration
Automatic withdrawals:
- Mortgage or rent payments
- Utilities and phone
- Memberships (gym, streaming services, etc.)
- Insurance premium payments
4. Update your automated transfers and investments.
Similar to #3 above, it’s also important to identify, document, and update these transactions to your new checking account and routing number. For example, you may have IRAs or a 529 college savings plan that you automatically move money to each month from your checking account. Or you may do the same with your children’s savings accounts. Whatever those transactions are, we’ve included a handy form to guide you through this, as well.
5. Close your old account.
It’s important to make sure your old account is open long enough to allow outstanding checks and automatic withdrawals to clear or complete. Approximately 4-5 weeks after switching accounts, you’ll be ready to close your old checking account. Make sure you’ve received your entire balance, including any accrued interest.
6. Destroy old documents and forms of payment.
- Debit cards
- Paper checks
- Deposit slips
Monitor your bills and your new account closely for the next few months to ensure you haven’t missed anything that might cause a problem or incur a fee.
7. Now is the perfect time to switch to UBT
Now is the perfect time to come to UBT! We’ll show you a little extra love by rewarding you with up to $250** when you open new checking and savings accounts with us. If you’re not sure which checking account suits you best, let’s find the right account for you. You can apply online or visit the UBT branch nearest you. And of course, if you need help, we’re here for you.
That’s it! Thank you for choosing UBT.
We’re going to be great together. If you need anything, contact our Customer Support Team, start a chat, or stop by. We’ll be happy to help.
Learning Center articles, guides, blogs, podcasts, and videos are for informational purposes only and are not an advertisement for a product or service. The accuracy and completeness is not guaranteed and does not constitute legal or tax advice. Please consult with your own tax, legal, and financial advisors.
**Checking offer not valid for primary accountholder on existing UBT personal checking account(s). Savings offer not valid for primary accountholder on existing Simply Savings or Simply Savings Student account(s). Offer not valid if existing checking or savings accounts closed within the last 120 days. Receive $100 when you open a Simply Free checking account and complete the following within 90 calendar days of account opening: (1) have $500 in electronic direct deposits posted; and (2) enroll in paperless statements via online or mobile banking. Receive $150 when you open an interest-earning checking account (Simply Free Plus, Simply Free Platinum, or Premium Interest Advantage) and complete the following within 90 days of account opening: (1) have $2,500 in electronic direct deposits posted; and (2) enroll in paperless statements via online or mobile banking. Receive $100 when you open a Simply Savings account and complete the following within 90 days of account opening: (1) maintain a $2,500 balance; and (2) enroll in paperless statements via online or mobile banking. Bonus is credited to your active account within 100 days of account opening if you meet requirements. $1,000 opening deposit required on Simply Free Plus checking accounts. Simply Savings requires a $2,500 opening deposit in new money. Various Annual Percentage Yields (APYs) offered for interest-earning checking accounts based on the account and balance maintained. For example, Simply Free Platinum requires a $100 minimum daily balance to earn .20% APY. Simply Savings earns .40% APY. APYs accurate as of 09/24/2024. Fees may reduce earnings; rates subject to change. Promotion offers limited to one new checking account and one new savings account per person and cannot be combined with other offers. Simply Free Platinum accounts are designed for people ages 50 and over. Premium Interest Advantage is limited to residents of Douglas, Sarpy, and Washington counties in Nebraska. Promotions available 07/1/2024 to 11/22/2024. Member FDIC.
