Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Text banking launched at UW CU
MADISON, Wis. (10/14/10)--—UW CU has launched Text Banking, a new online banking feature for its members, the credit union announced Wednesday. Text banking is a free service that allows members to interact with and manage their UW CU accounts using text messages on their mobile phones. Members can perform common banking functions--such as checking balances on their accounts, transferring money between accounts and initiating Money Link--without having to log in to Web Branch, said the Madison, Wis.-based credit union. To use the service, members must have a text messaging (SMS) service and sign up through Web Branch. “We created this system so members can manage their accounts effectively, wherever they go--even if they don’t have Web access,” said Eric Bangerter, director of Internet Services at UW CU. “For instance, in the past, if members received an automatic low balance alert via text message, they had to log in to the Web Branch, either at a computer or with their Web-enabled mobile device with Mobile Banking.” Now, they can text a command to the credit union and transfer funds between accounts, with funds available immediately, Bangerter said. “For many people, it isn’t easy to keep on top of their finances,” said Paul Kundert, president/CEO of UW CU. “We’re providing this tool so people can check balances and transfer funds wherever they go.”


RSS





print
News Now LiveWire
Record # of applicants for Crash the GAC means every state & D.C. will B represented by young #CU professional at #CUNAGAC #crashthegac15
15 hours ago
.@WOCCU and @CUNA are co-hosting 2015 America’s CU Conference July 12-15 in Denver. Registration is open here: http://t.co/FanFeaO0bC
15 hours ago
Recording of @CUNA Jan. 26 #rbc2 webinar is now available online here: http://t.co/jgxkd65Fj0 Just sign in and listen.
16 hours ago
.@SEC_News 2/19 proxy voting roundtable: contested director elections, increasing retail shareholder participation http://t.co/8k0p6ZvNL8
16 hours ago
.@TheNCUA posted resources 2 help consumers protect themselves,take action if they believe they were ID theft victims:http://t.co/HVaikbuT9H
17 hours ago