Switch Kit

Make the Switch Today To the Bank That Has a "Personal Way"

Let Magnolia Bank assist you in getting your new account relationship started with us today! Follow the quick and easy steps below and you will soon be enjoying the benefits of banking at Magnolia Bank! We look forward to serving you!

  • Stop into one of our convenient branch locations and open your new Magnolia Bank account today! For faster account opening, print and complete the new account information and return to your nearest branch to finalize the account opening process.

  • Verify all checks have cleared from your current checking account.

  • Verify enough funds are available in your account to cover any automatic payments that have yet to be withdrawn.

  • Send the account closure form to your previous financial institution to close the account once all items have cleared. The bank will send you a check for any remaining balance per the instructions on the account closure form.

  • Complete and provide any necessary companies with your direct deposit/payment authorization notice, including employers, social security, investment co., etc.

  • Complete and provide all vendors (utilities, insurance, internet, cable) with your automatic withdrawal form so that all monthly automatic payments can be taken out of your new Magnolia Bank account.

  • When you receive your final statement for your closed account, destroy all remaining blank checks, debit cards, etc. for that account. This is a security measure for your protection.

  • Any questions, please give us a call at one of our branches.