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Information presented in the MutualBank Resource Center is provided for educational purposes only. MutualBank makes no representations as to the accuracy, completeness, or specific suitability of any information presented. Information provided should not be relied on or interpreted as accounting, financial planning, investment, legal, or tax advice. MutualBank recommends you consult a professional for any specific guidance you are seeking.

Simplify Your Daily Finances

Six Reasons to Consider Online Banking

The Internet is definitely changing the way we live.  It has quickly become the choice method of communication for many.  It has also become a major factor in the financial lives of millions.  Using the Internet to interact with your financial institution can help simplify your financial affairs.  Here are six reasons to consider using online banking:

  1. You can pay your bills online.  
    Most online institutions offer convenient bill paying services.  With these services, paying your bills just takes a mouse click.

  2. You can review your account activity and know your up-to-date balances.  
    It is easy to see which checks have cleared and monitor your balances.

  3. You can transfer funds between your accounts easily.  
    Knowing how much money you have in each account can enable you to move money to other accounts to earn higher rates on certain funds.

  4. It can be cheaper.  
    Online bill paying eliminates the costs of stamps and ordering checks.  

  5. You can save time.  
    You can bank whenever and wherever you want.  All you need is a PC with Internet access..

  6. It is safe.  
    Most online banking activities use highly sophisticated encryption devices to ensure safety and privacy.  Your access code (or PIN number) should be guarded carefully.

You owe it to yourself to consider the benefits of having an online relationship with your financial institution.


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