Get the up-to-date DIRECT DEPOSIT SWITCH FORM - New York Community Bank 2025 now

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The document is a Direct Deposit Switch Form that allows employees to authorize their employer to deposit payroll or other credits directly into their New York Community Bank checking or savings account. It outlines the steps to complete the form, including attaching a voided check, and provides spaces for personal and banking information. The authorization remains effective until revoked.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How long is the process of changing banks?

The process may take several weeks so plan ahead. If you automatically transferred money from checking to savings at your old bank, start making those transfers at your new bank as well. This also might be a good time to increase your savings commitment.

What is direct deposit switch?

Because Direct Deposit Switch permits your customers to specify how much of a check to deposit in their accounts, they can create accounts for specific purposes, such as a vacation or education fund, and make regular deposits into those accounts.

How long does it take to change direct deposit from one bank to another?

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How long should a bank switch take?

A full switch will transfer all of your details and payments from the old account to the new one within seven working days. Once that is done, your old account will then be closed.

Is changing direct deposit easy?

Yes, In most cases, employees can change their direct deposit information by contacting the human resources or payroll department of their employer. A new bank account number or routing number, along with other identifying information, usually must be provided by the employee when verifying his or her identity.

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Where can I find a direct deposit form?

Get a direct deposit form from your employer. Ask for a written or online direct deposit form. If that isnt available, ask your bank or credit union for one.

How long does it take to switch direct deposit to another account?

Open your new account This can usually be done in one day. Transfer direct deposits This may take a couple of weeks, depending on your employer. Always check with your HR department for timelines. Transfer bill payments This depends on each companys process and could take a full billing cycle.