Switch My Bank

We know that switching banks can be daunting, but it doesn't have to be. Our Switch My Bank service makes it easy to switch your direct deposit to a new Bank5 Connect checking, savings, or money market account. Get paid directly into your new Bank5 Connect account without printing forms or manually updating payroll information with your employer.

Open a Bank5 Connect Account and Set Up Direct Deposit

Use our easy online application to open an account and set up direct deposit in just a few minutes. 

• Start and application at https://apply.bank5connect.com/bankfive/oa5#/.
• Select the "Set Up Direct Deposit" option when choosing your account.
• Once your account is approved, click the "Set Up Direct Deposit" button on the approval page or follow the link in your Direct Deposit Setup email.
• Log in to your payroll provider or employer through our secure direct deposit setup service.
• Choose which account should receive your paycheck, specify the amount (full or partial paycheck), and submit.
• Your direct deposit instructions will be sent to your payroll provider, and changes generally take effect within 1-2 pay periods.

Already Have a Bank5 Connect Account?

 If you already have a Bank5 Connect account and would like to set up direct deposit for it, you can use our Direct Deposit Form.

• Download the form
• Fill it out
• Return it to your employer

Please note that some employers may require you to fill out their own form, but the requested information will likely be similar to Bank5 Connect's Direct Deposit Form.