9 Benefits of Mobile Banking

There are numerous benefits of mobile banking. That’s why so many banks are creating mobile apps that have enhanced user experiences and premium features. So, why should you make the switch to mobile banking?

There are nine main reasons why you’ll want to upgrade your banking experience. Discover the best mobile banking app features that you’re going to want to use.

Let’s get into the nine mobile banking app benefits now!

Benefit 1: Bank Online for Free

Many financial institutions make it easy for members to use their mobile banking apps. One of the ways they do this is by offering free mobile applications that you can download.

First New York Federal Credit Union offers FNY On-The-Go, First New York’s free mobile banking app, for your iPhone, Android, and Kindle device. From interactive experiences to exclusive offers, there are so many new developments being implemented to improve users’ experiences.

Benefit 2: Bank on Your Time

Banking shouldn’t be complicated and require you to block out time on your calendar. Mobile banking solves this issue. It allows you to bank on your time 24/7/365. So, you don’t need to rush to your local branch before it closes or it gets too busy.

Benefit 3: Bank Conveniently

How often has bad weather, limited branch hours, or a busy schedule prevented you from getting to the bank? With mobile banking, it’s not a problem. You can bank wherever you go directly from your phone. All you need is the internet and the mobile app.

Benefit 4: Automatic Banking Features

Want to set up automatic banking features? Depending on your financial institution, you may not even need to call your bank for assistance. Instead, you can set up automatic payments or transfers right from your phone.

Benefit 5: Easily Transfer Funds

Going into or calling a bank to transfer your funds is a thing of the past. Instantly transfer funds from one account to another with a click of a button. You can easily use this app when you’re out shopping and want to move funds from your checking account into savings. Or, you can use it when you want to move funds around to pay off your credit card.

Benefit 6: E-Statements

You can easily receive and track your spending with monthly electronic accounts statements (e-statements). Through your First OnLine and FNY On-The-Go app, you can register to receive your paper statements electronically, making it easier for you to monitor your account history. You can even download and view statements right from the app! Discover the six e-statement benefits you’ll want to know.

Benefit 7: Check Your Account Balances

We all need to monitor our bank accounts. Whether you’re monitoring your savings account or want to see if you received your latest paycheck, you can quickly view your accounts from your phone. So, you’ll never need to wonder about the activity on your account. Instead, you can quickly access your account to review your purchases and transfers.

Benefit 8: Set Up Text Alerts

If you’re someone that wants extra security on your account, you may have the ability to set up text alerts straight from your phone. With First New York On-The-Go, you have the capability to set up spending limits and alerts on your purchases. This gives you another layer of security and awareness.

Benefit 9: Use Zelle

If you’re out with friends and need to split the bill, you can now use Zelle. Zelle makes it easy for you to receive, send, or split payments right from your FNY On-The-Go app. Learn how to set it up in our “How to Set Up Your First New York FCU Zelle Account: Desktop and Mobile Guide”.

Bonus First New York Benefit: First OnLine

If you’re a First New York member, you can also use First OnLine for your desktop or laptop. All you need to be is a registered First OnLine user. If you’re a First New York member and haven’t registered, you can contact us to get started with online banking.

Get Started with FNY On-The-Go!

There you have it! These are the nine benefits of mobile banking. If you’re a First New York member, the next step is to explore First OnLine & FNY On-The-Go.

FNY On-The-Go is your way to bank mobile! Get all the benefits of mobile banking by registering as a First OnLine user and downloading FNY On-The-Go. If you need help setting up, text or call (518) 393-1326 to speak with a Member Service Specialist.*

DISCLAIMER

*Contact Center is available Monday-Friday from 7 a.m. until 6 p.m. and on Saturday from 9 a.m. until 1 p.m.