How do I close my Sierra Pacific account?

How do I close my Sierra Pacific account?

If you’re ready to close your Sierra Pacific FCU account, we’re sad to see you go. Please complete the Account Closure Request Form online here.  Use the Account Closure Checklist to make account closure as smooth as possible.

How do I prevent my account from going dormant?

How do I prevent my account from going dormant?

Use the account. Deposits, withdrawals, payments, transfers, purchases, etc. are all enough to keep your account active. We recommend setting up direct deposit or automatic transfers to keep up some account activity. Keep your address, phone number, and email up-to-date. When an account does go dormant, this is how we’ll reach out to let you […]

How to reactivate a dormant account

How to reactivate a dormant account

It’s easy to reactivate a dormant account. Just use it! Make a deposit, withdrawal, payment, purchase, etc. Any member-initiated activity to the account will return it to active status.

What happens to a dormant account?

What happens to a dormant account?

If an account has no significant activity for one year or more — including deposits, withdrawals, payments, and other member-initiated activity — then the account becomes dormant. Sierra attempts to contact account holders through email, phone, and sometimes through the address on file. If the account resumes activity with a deposit, withdrawal, or other activity, […]

How does Sierra notify members of dormancy?

How does Sierra notify members of dormancy?

Before closing a dormant account, Sierra will reach out to the account owner using the phone number and email on file. If the account has $50 or more, Sierra will also send a Dormancy letter to the address on file.

What is a Dormant Account?

What is a Dormant Account?

An account that has no significant activity—deposits, withdrawals, payments, or transfers—for one year or more. Regular Shares (Savings), Share Draft (Checking), Club and Auxiliary Accounts, Money Markets, IRAs, and CD’s can all become dormant.

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Sierra Pacific Federal Credit Union