The internet is accessible nearly everywhere these days, and for many people, this ability to stay connected 24/7 has revolutionized their lives. Smartphones are now standard, and laptops make computing on-the-go simple. At First & Peoples Bank and Trust Company in Russell, KY, they understand that technology is changing the way people manage their finances. They share a few benefits of mobile and online banking that might just change the way you access your bank account.
Top 5 Benefits of Online Banking
1. Environmentally Friendly
Mobile and online banking allow you to access your bank statements, pay bills, and even make transfers without using physical slips. This means fewer printed statements, less paper in the landfill, and a more environmentally friendly banking experience for you.
If you work during regular business hours, making it to the bank before they close can be difficult. Mobile banking makes it possible to take care of most all of your banking needs whenever and wherever you are, even if the brick-and-mortar location is closed for the day.
3. Monitor Your Transaction History
With mobile banking, you’ll be able to monitor your transactions throughout the day or anytime you’re concerned about activity on your account. This can help alleviate concern about unauthorized use of your account while also making it easier for you to maintain tighter security over your account.
4. Enhanced Security
While using your smartphone to monitor your bank account may not seem like a safe thing to do, it’s actually very secure. Your privacy is very important and every precaution is taken to make sure your accounts stay as secure as possible.
5. Transfers Can Be Done With the Push of a Button
Whether you’re using your computer or an app on your smartphone, you’ll be able to transfer money from your checking account to a savings account and vice versa. You can also make payments on your loan with the transfer tool*. All with the push of a button. You won’t have to wait until you make it to the bank to authorize the transfer. As long as you request it, it will be approved.
You don’t have to join a large bank just to take advantage of mobile banking. Let the team at First & Peoples Bank and Trust Company give you all the service of a local bank with the convenience of online banking. Learn more about their services online and call (606) 836-0211 to speak with a member of their staff.
*Transfers to loans only applies to loans held within the same bank as the checking or savings account.