Online and Mobile Banking

Online Banking vs. Traditional Banking – Which is Better for You?

We all lead busy lives with a seemingly never-ending laundry list of things to do.  Household chores, errands, soccer practice, picking up dinner, caring for family members, doctor’s appointments, dentist appointments, maybe even a full-time career on top of all that.  And somehow, some way, we still have bills to pay and checks to deposit, and other everyday banking tasks that need to get done.

You might be looking for ways to get everything done as efficiently and as smoothly as possible, and so it might be time to consider how online banking can fit into your current banking process.  Ask yourself: online vs. traditional banking – which is right for me?

 

What is online banking?

Online banking allows you the freedom and flexibility to access your bank account anytime you need to. Simply log on securely with your own customized username and password and using your desktop computer or mobile phone.  Once you’re logged on, you can view account activity, transfer money, pay bills and conduct many more everyday banking transactions from the comfort of your own home.

And online banking also gives you access to mobile banking.  Simply download the Mobile Banking app for your iPhone® or AndroidTM  device and use your Union Bank® Online Banking credentials to sign on to your account from your mobile phone. In addition to many of the same features you see in Online Banking, you can also use the camera on your phone to securely deposit checks through the Mobile Banking app.

How do I know which is right for me?

The key to deciding whether to head into a branch or conduct your banking online lies in what you have on your to-do list.  This refers both to your chores for the day, as well as the banking you need to get done.  Sometimes you just don’t have time to get to a branch, or you don’t have time during branch hours.  In this case, banking online may be best for you since it is available 24/7 - as long as you have access to a computer, your mobile phone and a secure wi-fi.  But there are certain things you may need to do in person, such as withdraw cash or speak to someone in person if you have questions, for example.  In those cases, you might consider adjusting your plan to include a branch visit during business hours.  Many common, everyday banking transactions (such as paying bills and transferring money) can be done on your own schedule in the comfort of your home with online and mobile banking.  Take a look at what’s on your plate and plan the best way to tackle it all accordingly.

Comparing Online Banking, Mobile Banking and Traditional Banking

So what exactly can you do in online versus traditional banking?  There are many banking transactions you can conduct in any environment you choose, but it’s good to know the availability of certain features so that you can plan your daily banking.

Online Banking
Mobile Banking
In-branch Banking
View balances/ transactions
View statements

Transfer money across Union Bank accounts
Deposit checks

Wire money (U.S.)

Wire money internationally
Update Contact information
Open new accounts

Checking, Savings & CD
Send money (person to person)
Pay bills

And the beauty of it all is this doesn’t have to be an either/or decision.  You can decide to visit a branch or log on to Online Banking based on your needs for a specific day.  You can be both an online and traditional banking client.  Whatever works best for your banking needs, Union Bank has a solution to support you.  Call us, stop by and visit your local branch, or log onto your Union Bank Online Banking account or Mobile Banking app.

There really is no right or wrong – only what’s right for you.

Mobile Banking

Access your accounts on the go with the Union Bank Mobile Banking app. Make payments, check balances, get alerts, and much more. Download the app from the Apple App Store or Google Play Store today.