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Transferring from big banks

It's taken awhile, but I've transferred most of my bank dealings to a local credit union and have closed out one of two big bank accounts. Still working on moving everything over to the credit union.

One, probably unfounded, fear I have is completely closing that final big bank checking account. I don't fear bringing the balance to zero, but I struggle with closing the account permanently. This fear stems from the modern-day conveniences I have grown accustomed to in recent years. My new credit union has many great perks. But it doesn't have a smartphone app. It doesn't show debit-card transactions immediately. Yet it does have a tiny interest rate on both checking and savings. And I am trying to embrace their old-fashioned website, both on the computer and on my smartphone.

If anyone has any constructive, rational suggestions or thoughts to help me to feel comfortable with letting go 100 percent from my big bank, I greatly appreciate it.

Thank you! And here's to the people!

Posted via LiveJournal app for iPhone.


( 2 comments — Leave a comment )
Nov. 11th, 2011 09:36 pm (UTC)

It is kind of weird with our credit union, because there are 5 locations and none of them are any closer than 2 miles. I was with BofA for years and it's weird to look back, knowing those branches are EVERYWHERE.

Still, the national trend toward going local is really exciting, and I think that will bring about a lot of changes. Our bank does text banking and we really easily got local insurance through them, too. Hopefully the smartphone app, etc. is coming for yours. :)
Nov. 12th, 2011 07:32 am (UTC)
Hi C, Oh, I definitely know what you're talking about, HOWEVER, here in New Mexico they don't have Chase Bank, so I'm pretty much 100 percent online. No branches to go to. Northeastern Indiana kind of got me ready for this, because the closest Chase Bank was 30 miles away.

Hey, which CU did you and J join?!?!
I'm still a member of what is now known as DFCU.

Yes! I'm hoping there's a smartphone app in my future. Oh, yeah, and the insurance (and loan) discounts are always a perk. :D
( 2 comments — Leave a comment )

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