For those using Fidelity and instructing members where to
send their automatic monthly payments:
What address do you use?
We were told to send to UMB bank, but not originally given
an address.
When I looked up an address online I found:
1010 Grand Blvd, Kansas City, MO 64106
But mail sent to that address was returned as undeliverable.
As an alternative we were told:
928 Grand Boulevard
Kansas City, MO 64106
But were also told:
Fidelity Investments
PO Box 770001
Cincinnati, OH 45277-0003
What address is working for those who have been successful?
barbara 5siegels.com on
I suggest you put everyone on automatic payments to the account. No more lost or late checks. Automatic is much easier for the treasurer.
From: club_cafe@bivio.com <club_cafe@bivio.com> on behalf of Linda Dianne Glein via bivio.com <user*21345500001@bivio.com> Sent: Friday, January 10, 2025 10:13:05 AM To: club_cafe@bivio.com <club_cafe@bivio.com> Subject: [club_cafe] Fidelity - Mailed Checks
For those using Fidelity and instructing members where to
send their automatic monthly payments:
What address do you use?
We were told to send to UMB bank, but not originally given
an address.
When I looked up an address online I found:
1010 Grand Blvd, Kansas City, MO 64106
But mail sent to that address was returned as undeliverable.
As an alternative we were told:
928 Grand Boulevard
Kansas City, MO 64106
But were also told:
Fidelity Investments
PO Box 770001
Cincinnati, OH 45277-0003
What address is working for those who have been successful?
Linda Glein on
I agree. That's what I'm trying to get everyone to do. But I gave them the wrong address.
ACH would be even better than mailed checks, but my bank didn't give me that option.
For those using Fidelity and instructing members where to
send their automatic monthly payments:
What address do you use?
We were told to send to UMB bank, but not originally given
an address.
When I looked up an address online I found:
1010 Grand Blvd, Kansas City, MO 64106
But mail sent to that address was returned as undeliverable.
As an alternative we were told:
928 Grand Boulevard
Kansas City, MO 64106
But were also told:
Fidelity Investments
PO Box 770001
Cincinnati, OH 45277-0003
What address is working for those who have been successful?
Barbara Wolf on
We've had the same problem and haven't found a solution yet.
For those using Fidelity and instructing members where to
send their automatic monthly payments:
What address do you use?
We were told to send to UMB bank, but not originally given
an address.
When I looked up an address online I found:
1010 Grand Blvd, Kansas City, MO 64106
But mail sent to that address was returned as undeliverable.
As an alternative we were told:
928 Grand Boulevard
Kansas City, MO 64106
But were also told:
Fidelity Investments
PO Box 770001
Cincinnati, OH 45277-0003
What address is working for those who have been successful?
Dan Cohn on
We started mailing the member's checks (mostly by BillPay) to me and I can deposit them over the internet to Fidelity. no problems so far. We asked all our members to have a personal account with them so that we could transfer stock to them when they leave.
Atlanta Fidelity did not set up our investment club; finally we only have to have our officers listed.
For those using Fidelity and instructing members where to
send their automatic monthly payments:
What address do you use?
We were told to send to UMB bank, but not originally given
an address.
When I looked up an address online I found:
1010 Grand Blvd, Kansas City, MO 64106
But mail sent to that address was returned as undeliverable.
As an alternative we were told:
928 Grand Boulevard
Kansas City, MO 64106
But were also told:
Fidelity Investments
PO Box 770001
Cincinnati, OH 45277-0003
What address is working for those who have been successful?
--
Dan Cohn 404 862 5640
Bob Mann on
Our club uses our individual checking accounts to send money to our Fidelity checking account. Either Billpay or Zelle. We use the routing and account number of our Fidelity account.
I have it setup as a recurring payment with no end date. Make sure each person in the club has AND USES a personally identifying cent amount in their investments so the Treasurer can easily and accurately assign the deposits/investments.
Bob
Lunch Money Investment Club
On 01/10/2025 1:26 PM EST Barbara Wolf via bivio.com <user*38195100001@bivio.com> wrote:
We've had the same problem and haven't found a solution yet.
For those using Fidelity and instructing members where to
send their automatic monthly payments:
What address do you use?
We were told to send to UMB bank, but not originally given
an address.
When I looked up an address online I found:
1010 Grand Blvd, Kansas City, MO 64106
But mail sent to that address was returned as undeliverable.
As an alternative we were told:
928 Grand Boulevard
Kansas City, MO 64106
But were also told:
Fidelity Investments
PO Box 770001
Cincinnati, OH 45277-0003
What address is working for those who have been successful?
Linda Glein on
Thank you.
Our club has almost eighteen years of experience with this.
We encourage using automatic recurring payments sent directly to the brokerage account.
We do not maintain a separate checking account.
We use the penny system, although some brokerages have identified the sender, so that may not be necessary in the future.
A few members don't like using automatic payments. I deposit their checks using the remote mobile deposit option.
I mainly want to find out (confirm) that other clubs using Fidelity had success with the UMB 928 Grand Boulevard
Kansas City, MO 64106 address.
(I also thought the discussion might be useful to others making the switch to Fidelity.)
Our club uses our individual checking accounts to send money to our Fidelity checking account. Either Billpay or Zelle. We use the routing and account number of our Fidelity account.
I have it setup as a recurring payment with no end date. Make sure each person in the club has AND USES a personally identifying cent amount in their investments so the Treasurer can easily and accurately assign the deposits/investments.
For those using Fidelity and instructing members where to
send their automatic monthly payments:
What address do you use?
We were told to send to UMB bank, but not originally given
an address.
When I looked up an address online I found:
1010 Grand Blvd, Kansas City, MO 64106
But mail sent to that address was returned as undeliverable.
As an alternative we were told:
928 Grand Boulevard
Kansas City, MO 64106
But were also told:
Fidelity Investments
PO Box 770001
Cincinnati, OH 45277-0003
What address is working for those who have been successful?
Lynda Feit on
Our club investment account is Fidelity. We send our checks to the following address:
For those using Fidelity and instructing members where to
send their automatic monthly payments:
What address do you use?
We were told to send to UMB bank, but not originally given
an address.
When I looked up an address online I found:
1010 Grand Blvd, Kansas City, MO 64106
But mail sent to that address was returned as undeliverable.
As an alternative we were told:
928 Grand Boulevard
Kansas City, MO 64106
But were also told:
Fidelity Investments
PO Box 770001
Cincinnati, OH 45277-0003
What address is working for those who have been successful?
Michael Boyd on
+1 on the Cincinnati address being the one for investment deposits. the UMB bank address is for their HSA account transactions.
For added context - we use the Fidelity app and the treasurer deposits physical checks from members. We found that the lag time on mailed checks to get deposited was continually growing and found the electronic bill pay timing varied by the member's bank capabilities (some still mail a physical check for a bill pay).
Michael Boyd
Salt Pond Investment Club
From: club_cafe@bivio.com <club_cafe@bivio.com> On Behalf Of Lynda Feit via bivio.com Sent: Friday, January 10, 2025 4:11 PM To: club_cafe@bivio.com Subject: Re: [club_cafe] Fidelity - Mailed Checks
Our club investment account is Fidelity. We send our checks to the following address:
For those using Fidelity and instructing members where to send their automatic monthly payments: What address do you use? We were told to send to UMB bank, but not originally given an address. When I looked up an address online I found: 1010 Grand Blvd, Kansas City, MO 64106
But mail sent to that address was returned as undeliverable.
As an alternative we were told: 928 Grand Boulevard Kansas City, MO 64106
But were also told: Fidelity Investments PO Box 770001 Cincinnati, OH 45277-0003
What address is working for those who have been successful?
+1 on the Cincinnati address being the one for investment deposits. the UMB bank address is for their HSA account transactions.
For added context - we use the Fidelity app and the treasurer deposits physical checks from members. We found that the lag time on mailed checks to get deposited was continually growing and found the electronic bill pay timing varied by the member's bank capabilities (some still mail a physical check for a bill pay).
For those using Fidelity and instructing members where to send their automatic monthly payments: What address do you use? We were told to send to UMB bank, but not originally given an address. When I looked up an address online I found: 1010 Grand Blvd, Kansas City, MO 64106
But mail sent to that address was returned as undeliverable.
As an alternative we were told: 928 Grand Boulevard Kansas City, MO 64106
But were also told: Fidelity Investments PO Box 770001 Cincinnati, OH 45277-0003
What address is working for those who have been successful?
Daniel Williams on
Linda et al,
I recently had occasion to look the Fidelity deposit information up. The address I pasted below from their website is slightly different from what you listed. Of course, one should always verify for yourself.
For those using Fidelity and instructing members where to
send their automatic monthly payments:
What address do you use?
We were told to send to UMB bank, but not originally given
an address.
When I looked up an address online I found:
1010 Grand Blvd, Kansas City, MO 64106
But mail sent to that address was returned as undeliverable.
As an alternative we were told:
928 Grand Boulevard
Kansas City, MO 64106
But were also told:
Fidelity Investments
PO Box 770001
Cincinnati, OH 45277-0003
What address is working for those who have been successful?
Lynda Feit on
Thanks Daniel. I copied it from my BillPay, so obviously same #, but when I typed it, I clearly put the dash in the wrong place! Lynda
I recently had occasion to look the Fidelity deposit information up. The address I pasted below from their website is slightly different from what you listed. Of course, one should always verify for yourself.
For those using Fidelity and instructing members where to
send their automatic monthly payments:
What address do you use?
We were told to send to UMB bank, but not originally given
an address.
When I looked up an address online I found:
1010 Grand Blvd, Kansas City, MO 64106
But mail sent to that address was returned as undeliverable.
As an alternative we were told:
928 Grand Boulevard
Kansas City, MO 64106
But were also told:
Fidelity Investments
PO Box 770001
Cincinnati, OH 45277-0003
What address is working for those who have been successful?