We typically think of a checking account as a tool to help us manage the ho-hum aspects of our daily financial lives: we use it write checks for the babysitter, to get cash from the ATM at lunchtime, and to pay for groceries after work. We don't usually think of our checking accounts as something that can save us – or make us – money. But maybe we should rethink our checking.
If you or a family member will be attending college soon, you’ve probably noticed that the sticker price for a college education has risen considerably in recent years. According to Sallie Mae’s study How America Pays for College 2016, families spent on average $23,688 for college in the 2015-16 academic year, and two in five of them borrowed at least some money to help pay the tab.
My daughter made a purchase at a mall store recently. She stood at the register, counting out change from her piggy bank. The folks in line behind us smiled indulgently, charmed by her earnestness.
Try that at a busy grocery check-out, and you’ll more likely get an eye roll. Faster is better when your ice cream is melting on the conveyor belt.
Did you know you can access your Hanscom FCU accounts at any CO-OP Shared Branch? That’s 5,484 locations from coast to coast.
I love modern technology – especially in the world of financial services. It has given local banks and credit unions the ability to provide the same service as the big banks and yet still maintain that local flavor and outstanding member service.
Have you ever wanted to deposit a check the minute you received it? Do you wish there was a fast, easy way to make that deposit?
Last Friday, I had just got home when my wife texted to let me know she just finished shopping at Target and wouldn’t be home for dinner. Not being much of a cook, I logged on to my mobile app to see what she spent and whether or not I could take my kids out for a quick meal.
I check my Hanscom FCU accounts online frequently – call it an occupational hazard. My spouse gets an email every time I mistype my password, so he’s convinced that I can’t remember it. Recently he suggested we change to an easier password.
A revealing report from the Federal Reserve, titled Consumers and Mobile Financial Services 2015, highlights what consumers are doing when they access account information on a mobile app.
Topics: Mobile Banking