Capra Bank

Transferring Accounts

Your how-
to-guide
for transferring accounts
to Capra Bank

Thinking about moving your money? It’s easier than you would expect. Resources on this page will show you how to transfer your accounts from your old institution to Capra Bank. Simply follow these steps to move your funds in the most convenient, secure, and efficient way possible. 

To start the process, please identify which of the following scenarios best describes
your existing accounts, then click the button to see what steps to take:

Checking accounts:

I have checking accounts without automatic deposits and without automatic payments:

Do a little math: Add up the anticipated amount of money going out of your old account in the next month, then multiply that number by 1.75. Keep that amount in your existing account. Anything above that amount can be transferred out of your old account and into your new Capra Bank account. 
Transfer the money: There are three easy ways to transfer funds into your Capra Bank account: 1) Initiate a wire transfer; 2) Write a check to yourself and deposit it with Capra Bank. Enter a description of the transfer in the memo field (i.e., “for deposit only”), and make sure to use one check per account transfer; or 3) Once your new account is opened and your Mobile/Online Banking access is established, you can use TransferNow to transfer funds electronically between accounts at Capra Bank and different financial institutions. 
Keep old account open: Do not close the account at your old bank for at least one month. 

I have checking accounts with automatic deposits and without automatic payments:

Do a little math: Add up the anticipated amount of money going out of your old account in the next month, then multiply that number by 1.75. Keep that amount in your existing account. Anything above that amount can be transferred out of your old account and into your new Capra Bank account. 
Transfer the money: There are three easy ways to transfer funds into your Capra Bank account: 1) Initiate a wire transfer; 2) Write a check to yourself and deposit it with Capra Bank. Enter a description of the transfer in the memo field (i.e., “for deposit only”), and make sure to use one check per account transfer; or 3) Once your new account is opened and your Mobile/Online Banking access is established, you can use TransferNow to transfer funds electronically between accounts at Capra Bank and different financial institutions. 
Contact the institution or employer that deposits money into your account and supply the routing number, account type, and account number for your new Capra Bank account.
Keep old account open: Do not close the account at your old bank for at least three months.  

I have checking accounts with automatic deposits and with automatic payments:

Do a little math: Add up the anticipated amount of money going out of your old account in the next month, then multiply that number by 1.75. Keep that amount in your existing account. Anything above that amount can be transferred out of your old account and into your new Capra Bank account. 
Transfer the money: There are three easy ways to transfer funds into your Capra Bank account: 1) Initiate a wire transfer; 2) Write a check to yourself and deposit it with Capra Bank. Enter a description of the transfer in the memo field (i.e., “for deposit only”), and make sure to use one check per account transfer; or 3) Once your new account is opened and your Mobile/Online Banking access is established, you can use TransferNow to transfer funds electronically between accounts at Capra Bank and different financial institutions. 
Contact the institution or employer that deposits money into your account and supply the routing number and account number for your new Capra Bank account. 
Contact the institution or entity that takes funds out of your account and supply your new Capra Bank routing number, account type, and account number. If you have online access to your account with this institution or entity, you may be able to make these changes online. Make sure you have enough money in your Capra Bank account to cover these payments before switching automatic payments over to the new account.
Keep old account open: Do not close the account at your old bank for at least three months.  

I have checking accounts without automatic deposits and with automatic payments:

Do a little math: Add up the anticipated amount of money going out of your old account in the next month, then multiply that number by 1.75. Keep that amount in your existing account. Anything above that amount can be transferred out of your old account and into your new Capra Bank account. 
Transfer the money: There are three easy ways to transfer funds into your Capra Bank account: 1) Initiate a wire transfer; 2) Write a check to yourself and deposit it with Capra Bank. Enter a description of the transfer in the memo field (i.e., “for deposit only”), and make sure to use one check per account transfer; or 3) Once your new account is opened and your Mobile/Online Banking access is established, you can use TransferNow to transfer funds electronically between accounts at Capra Bank and different financial institutions. 
Contact the institution or entity that takes funds out of your account and supply your new Capra Bank routing number, account type, and account number. Make sure you have enough money in your Capra Bank account to cover these payments before switching automatic payments over to the new account.
Keep old account open: Do not close the account at your old bank for at least three months.  

Savings accounts

I have savings accounts without automatic deposits and without automatic payments:

You can transfer your money right away: There are three easy ways to transfer funds into your Capra Bank account: 1) Initiate a wire transfer; 2) Write a check to yourself and deposit it with Capra Bank. Enter a description of the transfer in the memo field (i.e., “for deposit only”), and make sure to use one check per account transfer; or 3) Once your new account is opened and your Mobile/Online Banking access is established, you can use TransferNow to transfer funds electronically between accounts at Capra Bank and different financial institutions. 
Use a cashier’s check or your Mobile/Online Banking app if you don’t have checks for this account. 
Keep old account open: Do not close the account at your old bank for at least one month. 

I have savings accounts with automatic deposits and without automatic payments:

You can transfer your money right away. There are three easy ways to transfer funds into your Capra Bank account: 1) Initiate a wire transfer; 2) Write a check to yourself and deposit it with Capra Bank. Enter a description of the transfer in the memo field (i.e., “for deposit only”), and make sure to use one check per account transfer; or 3) Once your new account is opened and your Mobile/Online Banking access is established, you can use TransferNow to transfer funds electronically between accounts at Capra Bank and different financial institutions.   
Use a cashier’s check or your Mobile/Online Banking app if you don’t have checks for this account. 
Contact the institution or employer that deposits money into your account and supply the routing number, account type, and account number for your new Capra Bank account. 
Keep the old account open for one to three months, depending on how frequently automatic deposits are made to your account.