For many people, the COVID-19 pandemic has changed the way they work, shop, and handle many other everyday tasks. This list also includes personal banking. Internet banking provides many conveniences. Whenever you have an internet connection, your bank is there waiting for you. If you haven’t started banking online yet — or aren’t taking full advantage of everything it has to offer — here’s a quick overview of the advantages and features of personal internet banking.
Advantages
Taking care of your personal banking online offers many benefits. It frees you from traveling to a bank branch to make transactions, and you have access to your account information at any hour.
The key advantages of internet banking are:
- Easier bill payments. You can send payments using your bank’s online banking platform. That means you don’t have to write out checks and to go to the post office to buy stamps and mail bills — and then worry whether they will arrive on time to avoid late fees.
- 24/7 account access. Whether you’re on vacation or it’s the middle of the night, you can manage your banking. That includes holidays when your bank is closed.
- Simpler fund transfers. It’s easy to move funds between your accounts, such as from checking to savings, using online banking.
- Better access to bank records. Whether you need banking records for tax purposes or personal records, you can download statements and transaction records to print them at home.
- Improved visibility of account balances and transactions. Knowing your account balances is always a few clicks away. You can also check to make sure a transaction has cleared and keep an eye out for unauthorized transactions so you can dispute them immediately.
- Ability to sync your accounts with your apps. Online banking allows you to transfer information from your accounts to Quicken, Microsoft Money, Microsoft Excel, and other applications.
- Use of mobile apps. Many banks allow you to use your mobile devices for online personal banking.
All of these capabilities make banking easier.
Features
Now that you have a better idea of the general advantages of online banking, let’s take a look at how online banking works at First United. Our online platform offers a convenient, secure and easy way to manage your personal accounts from the comfort of your own home — or wherever you have an internet connection.
Internet Banking from First United offers a wide range of features, enabling you to:
- Access your deposit and loan account history
- View eStatements and other electronic documents
- Transfer money between accounts
- Link your debit card to a new or existing PayPal account
- Reorder checks
- And many more
You can also access your First United accounts and many banking functions with your smartphone. The key features of Mobile Banking are:
- Deposit checks using your smartphone camera
- Check your deposit and loan account balances and transaction history
- View eStatements and other electronic documents
- Pay bills to payees you have established on Internet Banking
- Transfer funds between your First Union accounts
- Find a nearby ATM or Branch
- And many more
All of these features help you to enjoy a new way of banking.
Making Transactions Safe
You may have reservations about online banking due to security concerns. Access to our Internet and Mobile Banking is password protected and secured by other identity confirmations. Sophisticated encryption technology is used to prevent unauthorized access to any of your personal data.
The Best of Both Worlds
Online banking offers many advantages, enabling you to manage your accounts and complete a wide range of banking transactions anytime and from anywhere you have an internet connection. For information about your account and for transactions that you prefer not to conduct online, associates at our branches and our customer service representatives are ready to assist you during normal banking hours.