Murphy

Switch Kit

Now that you have opened an account with Mutual Federal Savings Bank, use the Switch Kit to create and mail out the appropriate letters to notify others of your account change.

What you need to get started:
Please make sure you have all of your information up front.

Step 1 - Your new Mutual Federal Savings Bank account information

Start by adding your Mutual Federal Savings Bank information. If you don't have an account with Mutual Federal you will need to open one before switching.

Step 2 - Your previous account information

Your previous financial institution information is needed to close your old accounts.

Step 3 - List any automated debits (ACH) and or Direct Deposits

Gather all information on companies that make electronic withdrawals from your account or Direct Deposits to your account. This includes automatic debits (ACH) or automatic charges to your debit and/or credit cards. Common uses of automatic debits include rent/mortgage, utilities, phone and cable bills. Direct Deposits include payroll, taxes, retirement and pension plan accounts, or expense reimbursements. Social Security customers need to call the Social Security Administration at 800-772-1213 or go to www.ssa.gov. If you have Direct Deposits through the military, visit myPay.

Electronic Payments (Online Bill Pay)
If you use an online bill pay service at your previous financial institution, be sure to cancel each payee and add them to your Mutual Federal Savings Bank online bill pay service, BillPayer.