Don't Be Afraid to Make the Switch to a New Financial Institution

What is stopping you from making the switch?

Lately, there seems to be no shortage of reasons to consider switching to a new bank or credit union. Common reasons to switch include poor customer service, high fees, distrust, outdated technology, inconvenient locations or a relocation. With all of these reasons to switch, is there something holding you back from making the move? If so, it is likely the hassle and unease of the switching process.

Switching to a new financial institution can seem daunting. If you’re nervous to switch financial institutions, you’re not alone. According to Consumers Union, Fifty-nine percent of consumers think switching financial institutions is “too much of a hassle” (Consumers Union, 2012). So, what makes switching so difficult and why does it feel like such a scary process? There are several hurdles to switching financial institutions including the time and effort to research, fill out and mail change forms for your direct deposits and automatic payments. Not to mention worrying how long it will take to transfer everything to the new account, the anxiety of potentially missing a payment, and the effort that it takes to close an old account.

If the switching process is holding you back from making a change, don't let it. Switching is simple using ClickSWITCH:

1. Contact a financial institution that provides ClickSWITCH.

2. Simply login, access your old account, select the accounts that you'd like to switch to a new or existing financial institution, submit the information.

3. Let ClickSWITCH take care of the heavy lifting while you sit back and relax. You can even check the status of your switches.

Think that you're ready to make the switch? Contact ClickSWITCH at support@clickswitch.com to find a bank or credit union near you. With over 5,000 branch locations in the United States and Canada providing ClickSWITCH, there is sure to be a convenient location near you!

Why use ClickSWITCH?

• Change financial institutions without the hassle

• Easily transfer direct deposits and automatic payments

• Fast, secure, free and convenient

• No need to track down payments or fill out paperwork

• Ability to track switch process and receive real time switch notification

• Setup takes as little as 10 minutes

• Once you're all done, you can even initiate the closure of old account(s)

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