Technology

Online banking has changed the way we manage our daily finances

Did you know that it even gets national recognition? That’s how it is! National Online Banking Day is celebrated on the second Monday in October, which is also a traditional national holiday (Día de la Raza).

Convenience is usually advertised as the main benefit, but it’s definitely not the only benefit. It can save you money and can definitely be greener. Here are a few more reasons to take advantage of online banking at your credit union.

Manage your own banking experience: Most credit unions that have adopted this online service give their members the opportunity to fully manage their own daily finances by paying bills online, transferring funds between accounts , the deposit and ordering of checks, and the application and payment of loans.

Mobility – It can be done from anywhere with an Internet connection. With this added flexibility, you won’t have to worry about late payments or other urgent financial transactions.

Online Bill Pay – You can automate your monthly bills to pay automatically. By paying your bills automatically, you’ll never miss a payment. Most importantly, not having to rely on the postal service to send your payments allows you to keep your money in your account a little longer, earning a little more interest.

View your transaction online: Online banking allows you to access your transactions from anywhere, 24 hours a day, 7 days a week. You can check your account balance daily, keep track of pending transactions, and catch any errors quickly for easy adjustment.

Transfer Between Accounts: Using it to transfer funds can save you a trip to the credit union. You can make transfers without leaving home, check availability of funds before spending the money. This service will facilitate the transfer of money to make loan payments on time.

Security: Using online banking allows you to set transaction alerts, travel notifications, and report fraudulent activity. You can also change your password to keep your online accounts secure.

Electronic Statements – Most statements are completed online, reducing the amount of paper used and sent to members, making online banking a perfect environmental option.

Electronic Alerts and Text Alerts: You can manage and receive electronic alerts regarding specific account activity.

Ease of use – Online accounts are easy to set up and require no more information than a regular bank account. Simply enter your details online and if you have any issues, simply contact your credit union directly for assistance.

Whether you’re working late at work, meeting friends over dinner, or relaxing on the couch at home, your banking needs are always covered with online banking – the perfect combination of service and convenience.