Online banking

Quick answer: Online banking allows you to manage your accounts, pay bills, track spending, and transfer funds — all online. With most online banking tools, you can access your accounts anytime and anywhere you have internet access.

Online banking can help you manage your account and:

  • Monitor your account activity
  • Keep track of where your money is going each month
  • View deposits, withdrawals, and payments
  • See checks after they clear

  • Transaction history

  • Print and review account statements
  • Save an electronic record of your banking documents

Other common features of online banking may allow you to:

  • Transfer funds from one account to another

  • Transfers

  • Schedule payments and pay your bills securely from your account
  • Send and receive money through your online account
  • Track your spending and build your savings with money management tools

  • Spending Graph

  • Set up alerts to inform you of a low balance, when payments are due, and when checks post

  • Setup alerts

Important considerations for online banking

Never tell anyone your online banking password and change it periodically. Don’t use your name, your children’s names, Social Security number, birth dates, anniversary dates, phone numbers, pets’ names, or any other easily guessed information as your online banking username or password.

It is important to remember that the information in online banking does not replace your own transaction register. The available balance may not include all your outstanding authorized payments. Keep an accurate record of all your payments and withdrawals so you know at any given moment which payments are outstanding — whether or not they have been withdrawn from your account.