Switch to Illawarra

Switching to the Credit Union is easy. Simply follow the steps below to easily transfer all your regular payments to your new Credit Union account.

Follow these four steps to switch your accounts and discover the Illawarra difference:

1. Open an account with Illawarra

We have a wide range of transaction and savings accounts. If you are not already a member, visit one of our branches or apply online.

Consider depositing your pay into your Illawarra Credit Union account. Complete a Payroll Deposit Form and send it to your employer or, we can do it for you.

2. Identify your regular payments

Ask your current financial institution to issue you with a list of all regular payments (credits and debits) to and from the old account. Alternatively, you can complete a Switch of Regular Payment Arrangements Form and we will request this list on your behalf.

3. Review the list of regular payments

Once we receive your regular payment list we will contact you to confirm which payments you wish to switch. We’ll then help you to complete the notices to advise the relevant organisations of your change in account details and send these off on your behalf.

4. Close your old account

Once you are happy that your payments have been successfully re-established on your new Illawarra Credit Union account, you’re then free to close your old account.

For more details see our handy Switch Guide. This also includes some frequently asked questions about switching your account to Illawarra Credit Union.