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Thread: Switching Banks

  1. Transfusion Service Tech
    Peekaboo's Avatar
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    #1

    Switching Banks

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    Have you ever moved money from one bank to another? I'm talking a huge chunk of change, and specifically a Fifth Third securities (brokerage) account over to USAA savings account. I don't know the process. Should I contact my old bank (Fifth Third) or new bank (USAA) first? I've withdrawn money from that account in the past and had to deal with fees for pulling out and dealing with filling stuff out when tax time comes around the following year so I expect that, at least.
  2. Transfusion Service Tech
    Peekaboo's Avatar
    Peekaboo is offline
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    #2
    Or would it be better to transfer it to another brokerage account through USAA? I honestly don't know how a brokerage account works to begin with. My grandparents started one for each of my sisters when we were born and haven't really done much with it besides pulling some money out for a car.

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