Easy Switch Kit

With our Easy Switch Kit, moving your accounts to the State Bank of Alcester has never been easier.
These online tools provide you with everything you need to make a smooth transition to our bank.

Switch Your Account(s) in Three Easy Steps

  1. Open a New State Bank of Alcester Checking Account. Visit our Personal Checking page or Business Checking page and pick the type of account that is right for you.  Stop into the State Bank of Alcester at 190 Iowa St, Alcester, SD, and talk to a personal banker.  After opening your new checking account, stop using your old bank account, but do not close it until you complete step two.
  2. Setup or Transfer Any Direct Deposits or Automated Transfers.To make your switch to State Bank of Alcester hassle-free, written notices must be sent to change any direct deposits or automatic transfers you may have.  To do this, you have two options:

    Option 1:
    We would be happy to take care of everything for you after you provide us with some basic information.  Just fill out the Customer Profile and drop it off at the bank.  You can also mail or fax the forms to:

    State Bank of Alcester
    190 Iowa St PO Box 168
    Alcester, SD 57001-0168
    Fax: (605) 934-2515

    We’ll fill out and send you the forms you need to transfer your direct deposits and automatic payments.  You just need to sign them and send them to appropriate places, or just send them back to us, and well send them.

    Option 2:
    You can simply print and complete the applicable forms and send them yourself.  Just complete and send the Switch Direct Deposit Payroll Letter, the Switch Direct Deposit Letter and the Switch Automatic Payment Letter to all necessary vendors.

    Switch Direct Deposit Payroll Letter
    Switch Direct Deposit Letter
    Switch Automatic Payments Letter

    You will need Adobe Acrobat Reader to view these forms.  If you do not have Acrobat Reader, download a free copy now from the Adobe web site.

    To change your Social Security direct deposit, call the Social Security Center at 1 (800) 772-1213.

  3. Close Your Old Bank Account(s).Once all of your checks have cleared on your account and your direct deposit and automatic payments have been transferred, send written notice to the financial institution that you wish to close your account.  A sample letter is provided below for your use.  You may want to wait a month after requesting your changes to ensure a smooth transition before closing your account.

    Account Closure Request Letter

    If you have any questions, stop by the State Bank of Alcester, give us a call at (605) 934-2500 or contact us via email or the secure online form.