Business Switch Kit

Welcome to Penn Community Bank

We understand that the transition of your business accounts from one institution to another may seem like an extremely inconvenient task, so we have created this simple and easy to follow, Business Switch Kit.

  1. Learn how we can assist you in meeting your financial goals.

    Complete the Business Services Checklist which will let you know what Penn Community Bank has to offer and will allow us to fully understand your needs as a business relationship customer.

  2. Open your new Penn Community Bank Checking Account.

    After you have opened the account that is best for you, you can then stop using your old account.  NOTE: Be sure to order your checks, as they may take up to two weeks for delivery!

  3. Get Organized.

    Use the Penn Community Bank Small Business Organizer to capture all the necessary changes that you will need to complete to ensure that all payments are made and deposits are received.  On this form you will be able to note everything from your automatic payments, outstanding checks, and your utility bills.

  4. Transfer your Automatic Payments and Deposits to your new Penn Community Bank account.

    Using the information from the Small Business Organizer, you can complete the Account Transfer Notice  worksheet to let your service providers know that you have switched bank accounts.

  5. Register for Online Banking.

    Use your convenient Online Bill Payment Payees   sheet to make your set-up an easy process.  We offer two versions of online banking for businesses to choose from.  Our Basic Online Banking is best suitable for sole proprietors.  Here you can view your balances and make payments to your various service providers.  Our Business Online Banking is tailored to fit businesses with multi-users requiring the use of different features.  This service offers access to ACH payroll services and more!!!  Please speak with a representative to see which option is best for you.

  6. Close your old checking account.

    After all checks and automatic payments have stopped coming out of your prior bank account, fill out the Deposit Account Closure Form.  You will then send this form to your former bank; they will send you a check for the remaining balance.

Thank you for choosing Penn Community Bank. Please let us know how we can assist you in meeting your financial goals.