The St. Mary's Blog

Online banking certainly isn’t new, but in this digital era we live in, it’s something most people can’t imagine living without. Replacing the need to visit the bank for a variety of reasons, online banking is offered by most financial institutions at no additional cost, whether you have a checking account or mortgage. Here, St. Mary’s Credit Union, serving most of Massachusetts, explains the biggest benefits of online banking that you could be taking advantage of.

Convenient and Secure Services

Online banking was designed to offer the utmost convenience to members. Using a secure connection from home or on-the-go (we do not recommend public Wi-Fi for your banking), you can conveniently access a variety of services and accomplish things such as:

• Make loan payments
• Set payment reminders
• Request support from the bank’s professionals
• Schedule one-time or recurring payments in advance
• View account balances, history, and previously written checks
• Transfer funds between accounts on both a one-time and recurring basis

For most people, online banking eliminates the need for frequent visits to their local branch. Plus, it allows members to reduce their clutter from paper bills and statements and download virtual copies instead. Besides convenience, online banking services are more secure than completing paper transactions or payments.

Beyond the Computer

There’s a common misconception that online banking can only be completed with a desktop or laptop computer, but this couldn’t be further from the truth! A form of online banking, mobile banking, provides members with all of the great services, convenience, and the security of website-based platforms. Perfect for those always on-the-go, you don’t need a Wi-Fi connection to access mobile banking as long as you have reliable reception.

One of the most popular features of mobile banking is the ability to deposit checks with your smartphone. With just a few taps, you can have quick access to your funds and save yourself a trip to a bank. Simply log into your mobile banking app and follow the instructions for a deposit. You’ll have to sign the check, take photos of the front and back, and determine which account it will be placed in.

Other mobile banking features may vary, but at St. Mary’s Credit Union, we offer the following additional services:

• Mobile bill pay: Designed to work with your existing billers, you can easily pay your bills from within our mobile app.
• Mobile wallet: Compatible with Apple Pay, Google Pay, and Samsung Pay, our mobile app allows members to make secure, convenient payments at grocery stores, hotels, restaurants, retailers, and more from their bank account or debit/credit cards.

Handy eStatements

Long gone are the days of needing paper bank statements mailed to your home. With online banking, you can help save trees by opting to receive eStatements, which arrive faster than traditional mail. You’ll receive an email notification from St. Mary’s Credit Union when your new eStatement is ready, and you’ll also have 24/7 access to the past 24 months to all of your statements.

Bank from Anywhere with St. Mary’s Credit Union

To fully reap the benefits of online and mobile banking, it’s vital to work with a financial institution that prioritizes your best interests. At St. Mary’s Credit Union, all of our locations offer online and mobile banking services, as well as access to our 24-hour telephone banking system, so we can best serve the needs of our members across Massachusetts. To learn more, contact us today.