In a high-tech, digital focused world, it is not surprising that so many people are heading online or into an app to do their banking. But did you know that utilizing this resource can actually help you save money? Well, here’s how to save money with mobile banking:
Through online and mobile banking, you can set up alerts that will notify you when things are happening with your accounts. There is a wide variety of alerts available through our system, but a few examples include:
- Low Balance Alerts: This can help you avoid overdraft fees by letting you know when your account drops below an amount that you set.
- Transaction Alerts: These let you know when something has posted to your account, to help you track your balance. Whether it’s a deposit coming in or a transaction coming out, knowing where you are at can help you save money and avoid fees.
- Daily Balance Alerts: Some accounts have an average balance limit on them, so if you set up this alert, it will let you know if you drop below that amount, so you can avoid a service charge for your account dropping too low.
By utilizing Bill Pay, you can actually save money because you don’t have to buy checks or stamps to mail your bills. You set up the company or individual you want to pay through the online system and then the check is mailed for you. You don’t pay for checks, envelopes or stamps AND it’s easy! It’s a win-win!
*Must be 18 years or older to use Bill-Pay
See Your Spending
With online and mobile banking, you don’t have to wait until the end of your statement cycle for your statement to get mailed to you, you can see your spending in real time. This lets you have a better idea of where your money is going so you can cut back on unnecessary expenses quicker, in turn, saving you money!
Through our Mobile App, you can actually deposit checks right from your phone at your convenience! This saves you money because you don’t have to make a trip to the bank if you get a check and need to deposit it, meaning you don’t have to pay for the gas. Download our app on Google Play or Apple’s App Store.
Our Simply Checking account has the option to waive a portion of the monthly service charge by signing up for online banking and opting out of paper statements. Do yourself a favor and save that $1 per statement cycle!
Need help getting started or using something listed above?
Call any of our bank branches to talk to a Personal Banker today!