Today, there are more demands on your time than ever before, so it's not always possible to make a trip to the bank. When you don't have time to stop by the bank to perform simple banking transactions, you can bank virtually anytime, anywhere on-line, by telephone, or using a convenient banking card.
You can access your account, pay your bills, and check your balances by telephone, on the Internet, or by using other easy, one-stop services at the bank.
Convenience is the name of the game, and these options can help save you time and money. People with multi-faceted lives and hectic schedules have found these modern banking technologies innovative, efficient and convenient:
Telephone Banking: Most banks have telephone banking that allows you to access a long list of services by phone, many of them available 24 hours a day, seven days a week.
With this automated convenience you can:
Check the balance on your checking or savings accounts.
Determine what checks have cleared or deposits have been posted to your account.
Verify that electronic deposits such as payroll and social security deposits have been made. With an Automated Clearing House system, you can also see what checks have been automatically deposited to your account.
Transfer funds between your business or personal, checking and savings accounts.
Determine the balance on your personal line of credit.
Check CD and money market rates.
Bank ATMs: Automated Teller Machines are everywhere now, both at your bank's branches and in retail and public locations such as supermarkets, gas stations, malls, and movie theaters.
You can use a retail ATM to get cash or view the balance on your checking or savings account.
The ATM at your bank offers these services and more, including letting you make deposits or transfers anytime and view up-to-the-minute account information. Some ATM networks charge service fees, so save yourself some money by asking where your bank's ATMs are located.
Direct Deposit gives you more time to do the things you really want to do. Use this banking service to electronically deposit any regular monthly income - such as salary, pension, Social Security, and Supplemental Security Income benefits - into your checking, money market, NOW, or savings accounts.
Bank Web sites have expanded, allowing you to bank anywhere you have access to the Internet. You can manage your finances with a minimum of hassle, plus save time and money. Get familiar with your bank's website so you can:
View balances on your checking or savings accounts, loans, lines of credit and credit cards.
View past statements
Transfer funds between accounts.
Pay bills securely.
Request stop payments.
Download information to your computer to use with budgeting software like Quicken.
Other Convenient Services:
Many banks also offer the following one-stop services:
- Notary Public
- Wire Transfers
- Safe Deposit Boxes
- Night Drop Services
- Coin Cashing
- Traveler's Checks
- Bank Money Orders
- Cashier's Checks
- Investment and Trust Services
- Insurance Services.
Regardless of your banking needs, a full-service bank should offer you convenience and service to fit your busy lifestyle. Please call and ask for help.
This article was submitted by Van Canada, Riverside bank president in Volusia County.