This information is provided by our friends at Pentagon Federal Credit Union (PenFed).
We all have busy schedules, so why are we still doing contortions
to be able to make it to a bank branch during their limited hours in
order to manage our money? To get the most flexibility from your
financial institution, maybe what you need is more than just another bank. While credit unions have fewer local branches — which helps keep costs low — you have plenty of options to bank online or
through your mobile device, which lets you get your banking done 24/7,
whether a local branch is open or not. Take a look at what you can do
with your PenFed account, no matter where you are or what time of day it
- Stay on top of your finances by checking your
balance and transactions online, from anywhere. Whether you’re using the
mobile app or the website, you have complete access to all of your
financial data. Having this at your fingertips helps you track your
money and notice fraud more quickly.
- Set up alerts. For the times when you don’t have
time to check your bank balance daily, you can set up alerts to send you
an email when a deposit or withdrawal clears, when your balance goes
below a certain level, and more. You’ll can also get text alerts about transactions flagged as potential fraud. This makes it easy to stay on top of your finances on even the busiest days.
- Save time. No one enjoys waiting in line to talk to
a teller — skip the lines and the drive to the branch office by logging
on to your financial institution’s website to manage your money without
leaving the house.
- Save trees. Also a timesaver, skipping paper
statements means you miss out on a lot of mail to open and file. Instead
of waiting for a paper statement you can get all of the same
information online, instantly.
- Pay bills. Stop writing checks and sending them in
the mail to pay your bills — instead, you can pay them online, directly
from your PenFed account, without having to sign another check.
- Deposit checks. All you need to deposit checks is a smartphone and our mobile app. Completing a deposit is as easy as snapping a picture!i
- Check your FICO® score.
Many financial organizations charge you a fee to see your FICO® score,
but many PenFed members have access to their current score through
PenFed’s online banking service.
- Stay secure. Though you may be wary of using a website or an app to manage your money, the technology behind them is secure and proven.
Have we given you enough reasons to consider looking into a financial
institution that’s flexible enough to keep up with your busy schedule?
If so, let us help you make the switch to a credit union with PenFed’s Access America Checking.
This account doesn’t just provide you with flexibility, but also great
dividends, identity theft protection, and simple terms with no minimum
balance requirements and only a $25 initial deposit requirement.
So stop doing contortions to make your financial institution work for
you and find a financial institution that fits in your schedule — like