The process of closing a bank account is really easy. But often people when the time to close an account comes. They hesitate the process. The reason is they don’t know the process. Once you know the process the things get very easy. In this guide, I will tell you the process to close 1st State Bank account.
First of all, before you reach out to the bank and ask it to close your account. You will have to prepare the account to get closed. And in this course, you will have to take care of two different things related to your bank account. So let us first explore those two things.
The first thing is the bank won’t let you close the account if you have pending dues or a negative balance. So check your account balance. And in case if you have anything pending in the account. Then make sure you clear those by paying off before you start the process.
The second thing is you will have to take care of your automatic payments and direct deposits. You will have to cancel all of those and set up them with your alternative account. If you don’t do this then all your payments will start failing once 1st State Bank closes your account.
Steps to Close 1st State Bank Account
If you are planning to close an individual account then you can follow this guide. But in case if you want to close a joint account that you have with 1st State Bank. Then you should refer to this linked guide.
This is how an account with the bank can be closed offline. If you want to close the account online or by sending a written request. Then I recommend you to contact the bank and ask them for help. Also, keep in mind that if you are closing the account too early. Then the bank may ask you to pay the account closing charges.