Make the Switch to a Healthy Financial Future We've made moving your accounts from other banks and credit unions easy with our Switch Kit. It contains everything necessary to help you make an easy transition. Follow the steps below and you can be on your way to enjoying all the benefits of being an LOC Federal Credit Union member. Getting started: Here is LOC's Switch Kit Checklist. Print out along with the forms attached to the steps below and complete. Open your account. All it takes is a $5 minimum deposit to start. Switch over your direct deposits and automatic payments by using the Switch Deposits/Payments form. Transfer your IRA to LOC using the IRA Direct Transfer Instructions Form. Close all other savings, checking and bill pay accounts using the Switch Account form. Remember to make sure that all direct deposits and automatic payments have been moved to your LOC account and that all outstanding checks or automatic payments have cleared your old account. Feel free to contact us with any questions or if you need assistance throughout the process. We look forward to helping you get on track to become Financially Fit TogetherSM.