Freedom first credit union close account6/18/2023 Some bank accounts are automatically converted into regular accounts when a child turns 18. Canceling a joint account online could require both parties to request an account closure. Many banks, however, only require one account holder’s authorization. Your bank may require an account closure request with both account holders’ signatures if you’re closing a joint account. Here’s a look at a few examples that might require extra attention. Other scenarios may pop up that require extra steps to close a bank account. Not all account closures are handled the same. How to Close Certain Types of Bank Accounts This protects you if the bank doesn’t follow through or some issue arises. The Consumer Financial Protection Bureau recommends getting written confirmation when you close a bank account. Please contact me if you have any questions.ĭon’t assume that the account is closed. Please follow up with written confirmation to verify the previously mentioned accounts have been closed. Please send a check for any remaining funds in those accounts to the address below.
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