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A Guide to Breaking Up with Your Bank

Breaking up is hard to do. Or is it? Let’s face it, if your bank treats you like just another number or charges you fees for merely breathing, it might be time to move on. Finding a financial institution that aligns with your values and needs is easier than you think. 

First things first – figure out why you’re ready to dump your bank. Some reasons to break up might include:

  • Ridiculous fees: Monthly fees, ATM fees, “you looked at your balance” fees. You deserve better.
  • Poor customer service: If talking to your bank feels like waiting in line at the DMV, it’s time to go.
  • Outdated technology: If their app looks like it was designed in 2005 and crashes every time you try to pay a bill, you have options.
  • Limited services: Maybe your bank doesn’t offer the mortgage rates or loan options you need for your future plans.

Now that you’re ready to move on, don’t sleep on Secured Advantage. Lower loan rates and fees, better member service, and more of a personal touch because, unlike traditional banks, we’re not-for-profit. That means we’re more interested in benefiting you, the member, than squeezing every last penny out of you. How refreshing, right?

Make a Clean Break

Finding Secured Advantage is like selecting the perfect pair of shoes – practical, stylish, and reliable. Now, if you’re worried that switching banks is going to be a headache, let us reassure you: it’s not. Follow these simple steps, and you’ll be settled in no time!

  • Open Your Account in Minutes – Once done, you’ll have access to lower fees, better service, and fantastic mobile banking features.
  • Transfer Direct Deposits and Payments – Update your direct deposits and automatic payments (like your paycheck, utilities, and subscriptions). Secured Advantage can help you through this process to avoid any missed payments or disruptions.
  • Move Your Money – Once everything is set up, transfer your funds from your old account to your new one. Leave a little in your old account to cover any pending transactions.
  • Close the Old Account – Say goodbye to your old bank and confirm your account closure. No more high fees or lackluster service.

There you have it. A smooth, no-drama guide to breaking up with your bank and finding something better. So go ahead and make the leap. Who knew breaking up could feel so good?