Advantages of online banking

Online services are in high demand among credit union members. And no wonder—online banking has brought the functionality of the teller window into people’s homes and mobile devices. You no longer need to visit a brick-and-mortar building to conduct the most common transactions, like transferring money from your savings to your checking account.


Even people who like the face-to-face interaction at the teller window recognize the utility of using online and mobile banking. From the comfort of your home, and at any time that is convenient for you, you can complete most ordinary transactions.


It's secure

Online and mobile banking is secure. Credit unions and banks have spent billions of dollars making it safe. Financial institutions have installed firewalls, anti-virus software, fraud monitoring systems and website encryption which scrambles data so only the intended recipient can read it. You can do your part by creating a strong password and being vigilant about your card safety.

Only a generation ago, paying bills was a household chore that took time, energy and money. With online banking, that task has shrunk to mere minutes. Bills that recur every month can be scheduled for automatic payments, and one-time payments can be scheduled in advance so they’re never late. The cost savings add up, too. In addition to spending nothing on envelopes and checks, your savings on postage can be substantial. As people find new and ever more useful ways to integrate online and mobile banking into their lives, the days of standing in a teller line or sitting on hold with a call center is fading into a quaint memory.

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