It’s a Piece of Cake to Open a Checking Account
Welcome to checking with Diversified Credit Union! As a not-for-profit financial institution, we share our profits with our member/owners in the form of fewer fees and lower loan rates. Switch your checking over to us using the three simple steps below. It’s fast and convenient, and you can start enjoying the benefits immediately. Our commitment to you is that you’ll always receive prompt, personal service provided by people who know you best.
Step One: Become a Member
As long as you are eligible to be a member/owner of Diversified Credit Union, you can apply to open an account by completing a Membership Application & Agreement. In addition, you’ll be able to sign up for free Online Banking and free Online Bill Pay–saving you even more time & money!
At this time we do not accept Membership Applications online. Please bring your completed application to any of our DCU branches.*
*Please review the DCU Membership and Account Agreement
Step Two: Close Your Old Checking Account
Once you’ve set up your new checking account at Diversified Credit Union, it’s time to start the transition away from your former financial institution.
- Be sure to leave sufficient funds in your old account to cover any outstanding checks or automatic payments for at least 10 business days.
- Destroy any unused checks, deposit slips, and ATM or debit cards from your old account.
- Confirm that all outstanding checks have cleared on your old account. Verify that your direct deposits have been redirected to your new account.
- Check with any payees who have not redirected your automatic payments.
- Your old bank will be notified that you are closing your account as part of Step 3 when you enter the information for your former financial institution.
Step Three: Move automated transactions
To make the changeover process easy and efficient, we suggest that you have your most recent bank statements and billing invoices of vendors you have authorized to charge your account available to review the automated transactions you need to move. If you use another Bill Pay service, you’ll need to re-create these on our online banking site.
For a smooth switch, please keep in mind:
- Automated debits (ACH) or charges to your debit and/or credit cards for rent/mortgage, insurance, utilities, phone, cable and other transactions you have authorized need to be transferred to your new account.
- Direct deposits from your employer payroll, taxes, retirement and pension plan accounts, expense reimbursements or other sources of income such as Social Security need to be transferred to your new account.
We are excited to have you as a member of our credit union. Remember, once a member, always a member! Your credit union is a not-for-profit cooperative. We return “profits” to our members in the form of higher dividends paid on savings, lower interest rates charged for loans, and expanded services.