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ElecTel Cooperative Federal Credit Union
Switch to ElecTel

Switching to ElecTel is easy! Our switch kit includes everything you need to make a smooth transition. Simply follow the steps below.

Step 1
You can apply for membership either by downloading the printable form or by applying online. Click here to begin!

Step 2
Set up your new direct deposit or switch your current direct deposit to ElecTel by using the Direct Deposit Authorization form or Change Direct Deposit Authorization form. ElecTel will be glad to automatically distribute your incoming direct deposit between your checking account(s), savings account(s), and loan payment(s). Click here to download the Payroll Deduction Authorization form. 

Step 3
Change automatic payments and withdrawals by using our Change Automatic Payment form. If you have more than one automatic transaction, simply fill out one form for each. 

Step 4
Close out your old account once any outstanding checks and automatic withdrawals have cleared (this process may take several weeks). Once you are confident this has happened, you can use the Close Existing Account form to notify your previous financial institution to terminate your accounts and receive any balances.

 

To download all of the forms mentioned above, click here.

 

 



 
PRIVACY POLICY
Main Office: PO Box 27306, Raleigh, NC 27611
919-872-2395 | 800-849-5600 | fax: 919-876-8018