Merging data from an existing credit union account with the data from a merged credit union

QwikOne
QwikOne Quicken Windows 2016 Member ✭✭
in Download, Add/Update Accounts (Windows)

This week, the credit union with which I had been a member for 30yrs was absorbed (merged with) a much larger credit union. I have years of data (savings/checking/VISA) from the original credit union. Is there a way once the new credit union establishes my savings/checking accounts I can merge the transactions from the old credit union accounts with the (obviously) new transactions from the current credit union?

Best Answer

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭
    edited March 7 Answer ✓

    You've basically got several choices. But they kinda depend upon whether the new CU keeps your old account number(s), or not.

    If they do, just disconnect the account(s) from download and re-connect them to the new CU.

    If they don't, also disconnect, but then change the account number before you re-connect.

    You've also got the options of creating new accounts, with any new account info, and either moving the transactions from old to new, OR keeping the old accounts as history and going forward with the new accounts.

    ALL OF WHICH is your choice, your preference.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

Answers

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭
    edited March 7 Answer ✓

    You've basically got several choices. But they kinda depend upon whether the new CU keeps your old account number(s), or not.

    If they do, just disconnect the account(s) from download and re-connect them to the new CU.

    If they don't, also disconnect, but then change the account number before you re-connect.

    You've also got the options of creating new accounts, with any new account info, and either moving the transactions from old to new, OR keeping the old accounts as history and going forward with the new accounts.

    ALL OF WHICH is your choice, your preference.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • QwikOne
    QwikOne Quicken Windows 2016 Member ✭✭

    After asking the question I got to thinking …. other than tracking spend per category, payee, etc. over time how long would I really have to go back to accomplish this in a meaningful way? 1, 2, 3 years. If I can just transfer transactions from old to new accounts, that all I need.

    Thanks!

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    There's no reason why a Q data file can't go back almost forever. I have investment data back to 1987 and banking data back to 2007.

    And, I believe that as a safe practice, you should keep your data for the current tax (probably calendar) year and the 7 prior tax years … since, in worst case scenario, that's how far back the IRS can audit you.

    You can certainly move transactions from old accounts to new (take LOTS of backups during such process) OR you can simply create new accounts and use the old/existing accounts as "history".

    But, first things first, you need to determine what the new CU is doing with the accounts.

    Write back when you know that.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

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