ClickSWITCH - A New Way to Switch Direct Deposits & Automatic Payments
Too many people stick with a less-than-satisfactory banking experience because it’s too much trouble to switch recurring transactions like direct deposits to their new account at their new financial institution. At FirstCCU we believe in choice; so, we’re making it easy for you to choose the account that’s best for you – and switch your direct deposits quickly and simply.
If you’re thinking about a new account, we can make it ridiculously easy to open – and to get your paychecks and other direct deposits switched to that new account. But it doesn’t have to be a new account. If you have an account that you don’t use much because your deposits are going somewhere else, we can make that switch for you.
There’s no hassle for you or your employer – just a quick, digital process. A few clicks, and you’re switched. To learn more, speak to our ClickSWITCH specialist Katie Gordon 608-313-3100 or contact your local branch.
With ClickSWITCH, you get:
A quick, digital process - No more filling out employers’ forms
An easy way to consolidate your finances - Get your deposits where you want them
Closure of old accounts - Avoid inactive accounts and the fees they charge
What is ClickSWITCH?
ClickSWITCH is an automated account switching solution that revolutionizes the way you are able to set up direct deposit. It automates, streamlines, and simplifies the process of submitting new account information for direct deposits. ClickSWITCH quickly, safely, and efficiently switches direct deposits from old accounts to new ones. It’s a time-saving value-add for anyone wanting to switch their direct deposits to a new or different financial institution or account.
When can a switch be initiated?
Anytime. ClickSWITCH can be used anytime a member wants to change the financial institution or account that receives their direct deposits.
What items can ClickSWITCH migrate for members?
Account-holders can switch their direct deposits to FirstCCU using ClickSWITCH. When moving their direct deposit to a different financial institution, they can also initiate the closure of their previous bank or credit union.
What information is stored within ClickSWITCH?
ClickSWITCH only requests and stores the minimal amount of data required to complete a switch. This information consists of the same details you would see on a blank check. In addition to the user’s name, address, bank account, and routing number, the phone number, and email address are also collected.
How long does the account switching process take?
For the account holder, submitting a switch can take as little as about 90 seconds. Once submitted, ClickSWITCH provides a status page where you can review the most current information regarding the switch. The length of time it takes for a switch to be fully processed depends on a variety of factors between the depositor and your financial institution, but it ranges from an instantaneous switch to a few short days.
How secure is ClickSWITCH?
ClickSWITCH has completed an SSAE 16 SOC 2® Type II engagement, the internationally recognized third-party assurance for service organizations. This is the most widely accepted compliance initiative, providing an independent evaluation to compare internal controls and processes against IT and risk management frameworks, such as COBIT and COSO.