Welcome to The Bank of Bennington, We are pleased you have decided to open your accounts with The Bank of Bennington. We have designed this Switch-Kit to help make moving your accounts easy and convenient. We would be happy to help you complete any of the attached forms; for assistance, please call a Customer Service Representative or stop in to your local office of The Bank of Bennington. Main Office Mon Thurs 8am 5pm Fri 8am 6pm Drive Up Opens at 7:30am Mon Fri Closed Saturday Phyllis Lane Office Lobby & Drive Up Hours Mon, Thurs, Friday 9am 6pm Tues & Wed 9am 5pm Sat 9am 1pm Arlington Office Lobby & Drive Up Hours Mon Fri 8am 5pm Sat 9am-12pm Manchester Office Lobby & Drive Up Hours Mon Thurs 8am 5pm Fri 8am 6pm Sat 9am 12pm OnLine Banking www.thebankofbennington.com Telephone Banking 1-800-216-1103 Main Office: 155 North Street, Bennington, VT 05201 Phone 802-442-1640 Fax 802-442-1641 Branch: 32 Phyllis Lane, Bennington, VT 05201 Phone 802-445-3123 Fax 802-445-3142 3198 Route 7A, Arlington, VT 05250 Phone 802-375-2319 Fax 802-375-2617 78 Center Hill, Manchester Center, VT 05255 Phone 802-362-4760 Fax 802-362-0577
Checklist for Switching TO GET STARTED: Page 3 Complete the attached Commercial Account Application. Bring with you the application and proof the business is registered with the state in which it operates to a customer service representative. If you can t make it into the bank, call and we will come to you. TO CHANGE AN AUTOMATIC DEPOSIT or PAYMENT: Page 4/5 1. Contact the merchant. 2. Give them the new business account number provided by The Bank of Bennington. 3. Give them The Bank of Bennington Routing Number: 211672609. TO CLOSE AN ACCOUNT AND TRANSFER ANY REMAINING FUNDS: Page 6 1. Make sure all checks have cleared the old business account. 2. Make sure direct deposits and automatic payments are established with the new business account. 3. Contact the old bank and ask them to close the business account. 2 P a g e
Commercial Account Application Legal Business Name/Title: Street Address Apt # Mailing Address (if different from above): City: State: Zip Code: Tax Identification Number: Business Fax: 1. Type of Ownership? a. Sole Proprietor b. Limited Partnership c. Limited Liability Company (LLC) d. Corporation e. Other 2. Does the business provide any of the following services to its customers? (Circle all that apply) a. Check Cashing b. Issue, Sell, or Redeem Traveler s Checks, Money Orders, or Stored Value Cards c. Money Transmitter (Money Gram, Western Union, etc.) d. Currency exchange e. None of the above apply Business Phone: Business Email Address: 4. Will you require International Wire Transfer services? Yes No If Yes, how often?, and to what Country? 5. Does this business engage in ANY lawful or unlawful Internet Gambling? Yes No 3. Do you engage in any of the following activities as part of this business? (Circle all that apply) a. Professional Services Provider (lawyers, accountant, investment brokers, medical, real estate brokerage or closings, title insurance, sales or underwriting, auctioneers). b. Gambling gaming of any kind c. Exclusive Retail (leather, liquor, jewel, gem or precious metal dealers, adult-oriented entities) d. Pawn Broker e. Motor Vehicle purchasing, sale, or chartering of motor vehicles, including automobiles, vessels, aircraft, farm equipment, or mobile homes f. Apartment or Hotel g. Travel Agencies h. Movie Theaters i. Telemarketing j. Importer or Exporter of Goods k. ATM owner or servicer l. None of the above apply By signing below you authorize us to verify any information provided to us by you and to obtain your credit report from an applicable credit reporting agency now or at any time in the future and you further authorize any such agency to furnish us with your credit and financial history information as well as the information we deem necessary to comply with the USA PATRIOT Act. You acknowledge that you have received the account agreement and related disclosures for the account you are applying, and that you agree to accept the terms and conditions found therein. You further acknowledge receipt of the bank s Service Fee Schedule and agree to pay for any fees that you incur. You understand that items presented for payment against insufficient or unavailable funds in your account may not be paid and will incur a fee. If your account has repeated overdrafts, it will be subject to closure. Authorized Signer 1:, Title Date: Authorized Signer 2:, Title Date: FOR OFFICE USE ONLY: Date of Application: E Funds Auth #: Account # CSR Initials 2: MSB Y >1K - DNO Y < 1K - AML N-OK ¾: ACT Y AML N-OK 5: IG Y DNO N-OK 3 P a g e
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Automatic Deposit Request To Whom It May Concern: Please accept this letter for automatic deposit to the business account held at The Bank of Bennington. Establish Automatic Deposit Change existing Automatic Deposit Payee Name: Payee Address: City: State: Zip: Business Information: Name: Address: City: State: Zip: Phone Number: Bank Account Information: The Bank of Bennington Routing Number: 211672609 155 North Street Bennington, VT 05201 Account Number: (802) 442-8121 Account Type: Checking Savings ATTACH A VOIDED CHECK HERE I authorize (company name) to make deposits into the business account at The Bank of Bennington as indicated above, and to make (if necessary) adjustments for any credit made in error to the account. This authority will remain in effect until I have given written notice to terminate this service. Signature: Date: 5 P a g e
Automatic Payment Request To Whom It May Concern: Please accept this letter for automatic payment from the business account held at The Bank of Bennington. Establish Automatic Payment Change existing Automatic Payment Amount: $. Company Name: Account Number: Business Information: Name: Address: City: State: Zip: Phone Numbers: Bank Account Information: The Bank of Bennington Routing Number: 211672609 155 North Street Bennington, VT 05201 Account Number: (802) 442-8121 Account Type: Checking Savings ATTACH A VOIDED CHECK HERE I authorize (payee) to initiate payments from the business account at The Bank of Bennington, and to make necessary adjustments for any debit made in error to my account. This authority will remain in effect until I have given written notice to terminate this service. Signature: Date: 6 P a g e
Account Closing Request To Whom It May Concern: Please close the business account(s) described below effective (date) as indicated. Please process this request and forward any remaining funds in the account(s) by check to the address indicated below. The following account number(s) indicate the account(s) to be closed 1 : Checking Account: Savings Account: Certificate of Deposit: If you have any questions about this request, please contact me immediately. Otherwise, please send any remaining funds by check to the following address: Name: Address: City: State: Zip: Phone Numbers: Signature: Date: 1 If the account you are closing is a Certificate of Deposit account, penalties may apply for early withdrawal. Indicate the date that you would like the account to be closed to avoid premature closure penalties. 7 P a g e
Online Bill Payment Checklist We ve made it easy to move all of your online payments to our Online Bill Pay! Just use this helpful checklist to remember all the online payments you currently have or PRINT your current information. If you don t already use online payments, now is the time! Online Bill Payment is a powerful tool for managing payments, it saves you time and postage, and it s FREE at The Bank of Bennington! Mortgage / Rent Home / Renter s Insurance Auto Loan /Lease Auto Insurance Health / Life Insurance Electricity / Gas Company Water Oil Company Home / Cellular Phone Long Distance Auto Club (AAA, OnStar, Etc.) Memberships (Health Club, Magazine Subscriptions, Etc.) Credit Card Department Store Credit Cards Loans (Personal, Student, RV, HELOC, Etc.) Transportation / Parking Savings / Investments / Annuity Payments Other: Other: Cable TV 8 P a g e