Join the thousands who found a better place to bank.
People’s United Bank recognizes that changing financial institutions can be a frustrating challenge. Setting
up direct deposit, switching your automatic payments and closing your old account can sometimes seem
tedious. We can help make the transition as smooth as possible with our easy to use Switch Kit.
People’s United Switch Kit
We are committed to making your switch to People’s United Bank quick and simple. Just follow the steps below, print the forms you need, and you’re ready to realize all the benefits of banking with People’s United. If you haven’t opened your account yet, stop by any branch or give us a call at 1-800-772-1090.
Getting Started
To get started, complete the Organizer Worksheet to help gather the information about your new and former checking account, your direct deposits, your automatic payments, and bills you pay online.
Direct Deposits (Transfer or Establish)
With today’s busy lifestyles, direct deposit can save you time and allow easy access to your money. Whether it is your paycheck or other income source such as retirement or social security, knowing that your funds have arrived safely and on time gives you peace of mind.
If you are transferring the direct deposit of your payroll from your former checking account or setting it up for the first time, complete the Payroll Direct Deposit Authorization Form and give it to your employer. To establish or transfer direct deposit of other income sources, alternative forms may be required.
Please Note: The initial direct deposit may not occur immediately. Please allow sufficient time for the funds to be deposited to your new personal checking account.
Automatic Payments (Transfer or Establish)
Automatic payments is a simple and convenient alternative to writing checks. No more stamps, no need to write checks, and no trips to the post office. You can have your recurring bills, such as your auto insurance, cellular phone, and gym membership, automatically deducted from your personal checking account. Simply complete the Automatic Payment Request and provide that information to the company you want to pay. Please allow sufficient time for your first automatic bill payment to be activated against your personal checking account.
Close Your Old Account
Once you have confirmed that your direct deposit has been credited to your new personal checking account and/or automatic bill payments have been deducted from your new personal checking account you should:
• Make sure all outstanding checks have cleared. Close your account. You can visit the branch and do this in person or can complete the Account Closing Request and mail it in.
• Destroy all remaining checks, deposit tickets, ATM and debit cards for your old account.
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Organizer Worksheet
People’s United Bank Information
People’s United Bank, 850 Main Street, Bridgeport, CT 06604
_______________________________________________________________________________________________________
Name and Address
221172186
_______________________________________________________________________________________________________
Routing/ABA #
Checking Account #: __________________________________ Savings Account #: __________________________________ Money Market Account #: __________________________________
Previous Bank Information
_______________________________________________________________________________________________________
Bank Name and Address Savings Account #
_______________________________________________________________________________________________________
Checking Account # Debit Card #
Direct Deposit Information
Do you have, or wish to have, any deposits from your employer or others (such as Social Security, VA Compensation, Interest Income), directly deposited into your new personal checking account?
_______________________________________________________________________________________________________
Employer Name
_______________________________________________________________________________________________________
Company 1 Company 2
Automatic Payment Information
Do you have any automatic payments that you need to set up or transfer to your new personal checking account?
Payee Name
Account #
Payment Amount
Use this worksheet to gather information you’ll need to make switching your checking account to People’s United Bank simple!
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Direct Deposit Authorization Form
Direct Deposit Authorization
I hereby authorize (company name)_____________________________________________, hereinafter called COMPANY, to make payment of any amount owed to me for payroll by initiating credit entries to my account indicated below at People’s United Bank, Bridgeport, CT, and I authorize and request People’s United Bank to accept credit entries initiated by COMPANY to such account and to credit the same to such account without responsibility for the correctness thereof. It is understood that in signing this agreement I allow COMPANY to initiate reversal of the described payment entry in the event of error in calculation or overpayment.
_______________________________________________________________________________________________________ Employee Name _______________________________________________________________________________________________________ Social Security # _______________________________________________________________________________________________________ Address _______________________________________________________________________________________________________
City State Zip Code
People’s United Checking Account #: __________________________________
221172186
_______________________________________________________________________________________________________
People’s United Bank ABA Transit Routing #
I further understand this authorization may be terminated by me at any time by written notification to my employer or to People’s United Bank. Any such notification to my employer shall be effective only with respect to entries initiated by my employer after receipt of such notification and a reasonable opportunity to act on it. Any such notification to People’s United Bank shall be effective only with respect to entries credited to my account by People’s United Bank after receipt of such notification and a reasonable time to act on it.
_______________________________________________________________________________________________________
Account Owner Signature Date
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Automatic Payment Request
To Whom It May Concern: Date: _________________________
I am requesting that my payment be automatically deducted from my People’s United Checking Account. _______________________________________________________________________________________________________
Company Name
_______________________________________________________________________________________________________
Account # with this company
Effective immediately, please use the following People’s United Checking Account information for my automatic payments. People’s United Checking Account #: __________________________________
221172186
_______________________________________________________________________________________________________
People’s United Bank ABA Transit Routing #
If there are questions regarding this request, please contact me at: ______-______-___________ _______________________________________________________________________________________________________
Account Owner Signature Co-Owner Signature (if applicable)
_______________________________________________________________________________________________________
Account Owner Signature Co-Owner Signature (if applicable)
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Account Closing Request
To Whom It May Concern: Date: _________________________
This letter informs you that I/we would like to close the account(s) listed below. Please send a check to me at the address listed below for any remaining funds in the account(s).
If you have any questions regarding this request, please contact me at the phone number or address listed below. Thank you. Please close the following accounts:
_______________________________________________________________________________________________________
Checking # Account Owner(s) Name
_______________________________________________________________________________________________________
Savings # Account Owner(s) Name
_______________________________________________________________________________________________________
Money Market # Account Owner(s) Name
Please contact me if you have any questions about this request.
_______________________________________________________________________________________________________
Address
_______________________________________________________________________________________________________
City State Zip Code
_______________________________________________________________________________________________________
Phone #
Thank you for processing this request immediately.
