Over the last year, many members have shifted to online and mobile banking out of necessity. But there’s no denying that the convenience we’ve grown to enjoy won’t go away post-pandemic. With a smart device or computer and an internet connection, you can deposit a check, transfer money, check your balance and just about eliminate a trip to the credit union.
Banking from the comfort of your sofa, at any time of the day or night, makes everything you do with your finances a bit easier. Here are six advantages of online banking.
You get 24/7 access to your accounts. Online and mobile banking offer unprecedented convenience to members regardless of where you are (as long as you have an internet connection). Need to see if a transaction has cleared? Want to deposit a birthday check? No problem with online access.
Secure Bill Payment
You can use your online or mobile access to pay your bills online. You don’t have to worry about writing checks, having stamps on hand, or payments getting lost in the mail. You can even set up recurring payments for things like your car or mortgage payment that stay the same every month, so you can set it and forget it.
Viewing your transactions is probably the most basic tool of online or mobile account access but it’s also an excellent safety feature too. When you access your account history and transactions regularly, you can quickly recognize a fraudulent transaction, so that you can dispute them immediately. This gives you added peace of mind about your account.
Let’s say it’s payday and you need to pay a few bills, send money to your kid in college, and make a deposit into your vacation savings account. These are all quick and easy transactions that can be handled 24/7 via your mobile or online banking access. No more calling or visiting the credit union during office hours – saving you time!
Improved Money Management
Many budgeting apps like Mint can sync with your online banking information, which makes it much easier to stick to your overall budget.
If you’re like most people, your mobile phone goes everywhere you go. So, it’s worth mentioning that the MTFCU Mobile App is an excellent tool to use when you are on the go. You can quickly check up on your accounts when you’re on vacation or out shopping so you don’t end up overdrawing your account. The Mobile Check Deposit feature is also a huge time-saver.
Pandemic or not, in this digital-forward world, online and mobile banking make it easy to connect with your accounts wherever you are! If you have questions, we’re here to help. We’d be happy to help you sign up and walk you through both online and mobile banking so you can enjoy the benefits of 24/7 access!