If you trust Sears to transfer your savings account into millennium trust, just remember who got you into this mess.
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Maybe Sears is trying to raise money by doing 'reverse direct deposits'....where instead of automatically depositing money in your accounts, they now are authorized to withdraw money from your accounts and then reinvest it for their own company use only.
Maybe that's what the OP means.....
(sarcasm intended.)
What does my bank savings account have to do with Sears? Why would I allow Sears to come in and transfer my savings account into someplace else?
If you're even remotely trusting of Transform, you've got VERY serious issues!! The handwriting has been on the wall for a good decade, time to let this place go, and move on! When you lose your job (eventually you all will), it's because you didn't heed the warnings now.
Why would Sears be involved in your bank accounts?
If you are actually referring to the Sears Holdings 401K that is being discontinued, you had a choice of a lump sum payout (with tax implications if under retirement age), roll it over into an IRA or other retirement account, or let the company roll it over into their chosen account.