How many drawers did you have to look through to find a bank statement the last time you needed one? Chances are you did not lay your hands on it as readily as you would have liked. If that is a familiar scenario in your home, help has arrived in the form of online banking. Even if you are among the most organized, online banking offers convenience you can't beat.
Consider online banking with your credit union for instant organization and access to all of your account information. With online banking, information about deposits, payments, statements, and all transactions is immediately available with only a few key strokes 24 hours every day.
Use online banking to pay your bills, transfer money between accounts and monitor your spending. When you pay your bills online you will need to take 15-30 minutes to set up your vendors (lists of payees, addresses, account numbers, etc.) after that, it takes mere seconds to set up a bill payment. You can opt for automatic payments on a date of your choosing or you can point and click each month. Bills paid via online banking arrive at their destination in as few as two days. You don't need stamps, envelopes or even a pen. Best of all, online banking compiles and allows you to access your payment history for every vendor on your payee list.
Not only will you save yourself the worry of searching for perpetually lost cancelled checks and bank statements you will also save a little money. Most credit unions offer online banking services and e-statements, etc. to their members at no cost with direct deposit or a qualifying account (usually as a benefit of a home equity loan or money market account).
Online banking is infinitely more convenient than waiting for your paper statement each month or even telephone banking. Your transactions are recorded in real time and you can see them as they occur. When you avail yourself of online banking services you are better able to track and monitor your spending. You may even find that it is easier to follow a budget and to avoid overdraft charges with online banking because you have a visual of your spending.
Worried about security? Don't be, a great deal of technological thought and energy is being brought to the task of maintaining Internet safety. Your banking information is encrypted and there is no chance that third parties can peek in. There is ample evidence that consumers have become more comfortable with online financial transactions. For instance, check printing has seen a decline and online shopping has seen a substantial increase. Financial institutions support our increasing embrace of online banking because it streamlines transactions and costs a great deal less than paper based transactions. Credit Unions pass these savings on to their members.
Visit your local credit union online to take a free online banking tour and demo. You will be surprised to learn how pleasant paying your bills and managing your finances becomes with the convenience and accessibility of online banking. The money you will save is an added bonus.
Nicole Soltau is the President and Founder of http://CreditUnionRate.com - The Leading Credit Union Directory Search, Find, Join.
If you have a 401(k) account, it can be very... Read More
Recent findings from the Educational Policy Institute indicated that the... Read More
I've been sharing the following idea with people for a... Read More
It doesn't take much for you to get behind on... Read More
Gas prices have soared to unimaginable heights of late. Since... Read More
If you're like most people, your personal financial records are... Read More
1) HOW TO LOOK FOR A JOBA) The Chronological Curriculum:1.... Read More
You've analyzed your past expenses, put them into spreadsheets, loaded... Read More
Developing and living by a household budget is by far... Read More
Debt levels are at an all time high in the... Read More
There is a new bill that is being passes, it... Read More
Have you ever thought about what you are going to... Read More
Six Scholarship judges were sitting around an oval table. Forms... Read More
It is estimated that we, as consumers, waste an average... Read More
The Check 21 Law is the new federal law for... Read More
Saving may seem easier if you were saving for a... Read More
You've decided you want a bigger, better and more desirable... Read More
Confused about whether you can contribute to a Roth IRA?... Read More
I have been a loyal user of Quicken(R) for more... Read More
The first step to financial success lies in knowing your... Read More
With a traditional Investment Retirement Account (IRA) you pay taxes... Read More
The recommendations for military base closings have been released and... Read More
The judge had to ask the question, and we had... Read More
Most of us, especially those of us who have debtor's... Read More
I'm still amazed every time someone comes to me complaining... Read More
Address labels are many things to many different people. If... Read More
If you've developed a household budget to get your spending... Read More
With almost two thirds of university entrants from England and... Read More
For months, we were trigger-swipe happy, putting our groceries, clothes,... Read More
Vacations Made Easy: Buying a Florida Investment PropertyA relaxing beach... Read More
Identity theft is a serious crime that continues to grow.... Read More
Debt levels are at an all time high in the... Read More
We all know that money doesn't grow on trees, but... Read More
Get Access to Realistic profitable strategies & discover the mindset... Read More
The Check 21 Law is the new federal law for... Read More
An avid cyclist and bike racing fan, I sit transfixed... Read More
Are you a check fanatic? Don't worry, you aren't alone.... Read More
It is crucial as an individual who is striving for... Read More
Frugal living is more than a lifestyle. It's a passion.... Read More
With a traditional Investment Retirement Account (IRA) you pay taxes... Read More
It is widely written that you need 75% of your... Read More
We have heard a lot about consumers' personal information getting... Read More
So, you've made the decision to apply for a credit... Read More
As a parent you are bound to face a few... Read More
What is it about being frugal, why do it at... Read More
With the A-level results coming out, the long wait for... Read More
Are you interested in saving money off your grocery bills?... Read More
Many people graduate from college owing thousands of dollars in... Read More
Budgeting. It's a word we're all familiar with. Everyone knows... Read More
You've decided you want a bigger, better and more desirable... Read More
Personal Finance Personal Finance |