Transition from TDA to Schwab
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Cynthia, the link that you provided was extremely useful. Thank you. It says that new Schwab account and routing numbers will be provided, that we will be prompted to create a new Schwab login ID and password about a month before the move, and that we will receive new checks/debit cards about a week before the move. Of course, there are certain requirements for checks/debit cards to be issued. All club Treasurers should read this information. Thanks for the heads up on personal accounts with TDA. Also, regarding check writing from your cash holdings, TDA provides an account check book. unfortunately only one signature is needed. Another downside with TDA there is only a single login that must be shared with the principles of the club. I understand this changes for Schwab. I checked with TDA customer service, they advised that our transition is months away, sometimes during the summer. There has been no notice of the pending change other than this bulletin board. Thanks, submitters. |
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