A common misconception in banking is that once you choose to open an account somewhere, you are stuck there forever. Whether you opened your first account in college at a randomly chosen establishment or inherited a bank relationship from your parents, if your life and financial needs are growing, you may need to make a change.
When you bank with a local and community-focused bank like First Reliance Bank, you receive a completely unique financial experience. Making the change to a local community bank can sound complicated or intimidating, but we make it simple.
Is It Time to Make the Switch to a Local Bank?
Banking should be an individualized experience fit to your financial situation and goals. If your current bank makes you feel just like another account number or provides you with one-size-fits-all solutions, it might be time for you to make the switch to a local bank.
A few additional signs you’ve outgrown your bank:
- Hidden fees keep adding up: If every time you check your account you find new fees or charges you don’t understand, you may want to move to a bank that is transparent in its fee structure.
- Customer service is confusing: If in times of need you cannot find a real person to speak to who truly understands your issue, it may be time to transition to a customer-service focused bank.
- Your goals have changed: If your accounts and banking solutions aren’t moving you closer to reaching your goals, you may want to consider a bank that helps you find new ways to reach your ideal financial future.
- Account management lacks convenience: If you cannot easily manage your account, a bank with 24/7 digital account management may be a better fit.
When you prioritize financial planning and strategy with a bank that personally works with you, your financial goals become within reach.
How to Switch to First Reliance Bank with Ease
We are delighted to assist you in joining the First Reliance Banking family, offering always accessible customer service and personalized account management along the way.
At First Reliance Bank, our financial experts are trained to carry out the ARC service standard across every interaction. The ARC standard represents accuracy, responsiveness, and courtesy, so every client is sure to feel heard, respected, and well-received.
We are here to assist you in finding the right banking solutions when you are ready to make the switch.
We suggest the following sequencing of events to make the transition easy:
- Meet with a First Reliance Bank representative: From the first moment you meet with one of our financial advisors, a fruitful and lasting relationship begins. We are proud to create banking experiences centered completely around you.
- Open your new accounts first: Before closing your first account, we recommend opening your new accounts with us so you have a secure place for your funds and deposits to live immediately.
- Redirect your direct deposit and update automatic billing: Ensure your direct deposits and recurring payments start landing and pulling respectively from your new accounts.
- Move your remaining balance: Once you have ensured that all your finances are redirected and confirmed, you can move your remaining funds from your old accounts into your new ones.
- Close your old accounts: The final step is to close your old accounts, and look forward to a new more tailored financial journey positioned to prioritize your individual goals.
Our financial resources are comprehensive, giving you an inside look at how our banking works and always giving you the answers you’ll need throughout your financial journey.
What Are the Long Term Benefits of Banking with First Reliance Bank?
While you may want to switch to a local bank for immediate solutions, when you choose First Reliance Bank you are investing in your long-term financial future.
From personal checking accounts to business saving accounts to mortgage loans, our financial services are designed to benefit you as you grow.
Some long-term benefits we offer include:
- Various, flexible personal banking accounts that develop and grow with you
- Partnership and guidance to help you build your business
- Diverse mortgage products for every type of property owner
- Free credit checking and improvement tools to shape your future
- Fraud and security protection tools to keep your finances safe
Take your financial future seriously and start banking with a local, community-oriented bank that always puts you first to help you achieve your goals.
How to Find Your Local First Reliance Bank Branch
First Reliance began in 1999 as a single branch in Florence, South Carolina. The bank was founded with a clear and single purpose: to improve the lives of our clients, communities, and associates. Today, we continue to serve our purpose across eight branches as a top 13 ranked bank based in South Carolina by asset size.
Alongside our physical branches, we have a digital branch for those who prefer the convenience of banking from anywhere. No matter where you are or what your financial needs are, our team is delighted to make banking easy and accessible.
Get started today by visiting one of our branches or reaching out to our exceptional customer service team.
