In the US, will closing a bank account negatively affect your credit score? I've had it with my bank and I'm thinking of moving my money to a smaller Credit Union. Would this affect my credit score? The current account is the one I've had open the longest. I would close both a checking/savings account and re-open them with a local CU.

2 Answers 2


FICO Score

FICO score tracks credit, not checking or savings. Unless there was a credit line attached, no impact at all.

  • There are agencies that track checking accounts, but generally they only track accounts that were closed for fraud or account abuse. Oct 28, 2011 at 6:15

Not at all, no effect whatsoever.

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