Friday, November 25, 2016

How to Break Up with Your Bank


Did you know that the end of the year is the most common time that couples break up? People find it important to start the new year fresh and are looking to make a change during this season. And it’s not just couples that break up. People change up their insurance plans, make new resolutions for themselves, and reflect on the things they want to change in their lives. This is why now is the perfect time to break up with your bank.

You deserve to be with a financial institution that understands you. That makes you happy. One that is local in your community. One that understands your goals. And one that treats you like you want to be treated–like you deserve to be treated.

Membership to Mid-Minnesota Federal Credit Union is open to anyone who lives near one of our branches and you can start redeeming the benefits immediately. If you’re tired of all the unnecessary fees and you’re ready to make the switch to a credit union, you’ll want to follow these five steps:
Step one: Find a credit union near you that you are eligible to join. You can apply to be a member of Mid-Minnesota Federal Credit Union here or visit any of our branches to join.

Step two: Close your accounts from your previous bank. Once you have transferred all of your money from your previous bank to your new credit union, it is time to close your old accounts. Be sure to hold onto your closing documents to make sure you aren’t charged any additional fees.

Step three: Learn more about your credit union of choice. Mid-Minnesota is one of over 5,400 Co-Op Shared Branches in the nation that you can deposit, withdraw, transfer and make payments from. We offer investment services, insurance options, WINcentive savings, business solutions and so much more.

Step four: It’s time to shred your old documents. Make sure to shred anything with your old account number or social security number such as your old checkbooks, debit cards, and monthly statements.

Step five is to go PAPERLESS! Online banking is convenient and environmentally friendly. You can check your statements online and save pounds of paper each year.

Now that you have all the steps to make the switch, you’re ready to break up with your bank. Find out more about Mid-Minnesota and the benefits of credit unions on our website, and start the year fresh with a new, healthy relationship with your financial institution.