Easy bank-to-bank migration
Seamlessly move your finances over to us from your old bank.
Switching banks seem like a daunting task? Fear not. Our team makes it easy to migrate your finances over to Chesapeake Bank. We know the drill and have the answers to the questions you may have. Everything’s handled in writing, and we provide the forms you’ll need to transition. You’ll like it here. We promise.
Making the switch checklist
- Wait until all checks and deposits have cleared. Balance your account so you know the closing amount. Destroy unused checks, deposit slips, ATM cards, and debit cards.
- If you have a paycheck or other recurring income automatically deposited for you, make sure it follows you to Chesapeake Bank.
- If your mortgage, insurance premium, or other recurring bill is automatically debited, make sure future payments are made from your new account with us.
- If you used online bill pay with your previous institution, save your list of payees and their information. It’ll come in handy when you set up online bill pay with us.
Forms to get started
To begin your switch from old bank to new, you’ll need an Account Closing Letter, a Direct Deposit Letter, and an Automatic Payment Authorization Form. Just give us some basic information below, and we’ll email you the forms right away.
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Changing a federal benefits direct deposit
The federal government requires federal benefit payments (e.g., Social Security) to be made electronically. Please contact your federal agency to make these changes.