Mobile Banking: Manage Your Money From Anywhere

Summary

• Mobile banking lets you access accounts and complete common banking tasks through an app or website.
• Depending on your financial institution, you may be able to deposit checks, transfer money between accounts, make loan payments and review statements.
• Security features can help protect your account, but your own habits—such as using a unique password and secure network—matter too.
• Check your financial institution’s available features and instructions before using a mobile banking service.

Mobile banking can make everyday money management more convenient by giving you access to many banking services without visiting a branch. Using a financial institution’s app or website, you can often check balances, move money, make payments and handle other routine tasks from your device.

What Is Mobile Banking?

Mobile banking is the use of an app or website to access your financial accounts and complete transactions. Many financial institutions offer both online and mobile options, often with access available around the clock.

Available features vary by financial institution, but mobile banking may let you view balances, transfer money between accounts, make loan payments, deposit checks and review account information. If you use First Financial, you can learn more about available tools through Digital Banking.

Deposit Checks From Your Device

Some mobile banking services allow you to deposit a paper check without visiting a branch. This is commonly called mobile deposit or remote deposit capture.

The process typically involves signing the check and using the app to take pictures of the front and back. The financial institution then reviews the deposit before adding the funds to your account. Follow the instructions in your app carefully, and keep the original check for a period of time in case there is a problem with the deposit.

Cash deposits generally still need to be made through an available in-person deposit option.

Transfer Money And Make Loan Payments

Many mobile banking apps let you move money between eligible accounts. For example, you may be able to transfer funds from savings to checking when you need them.

If your loan and deposit accounts are held at the same financial institution, mobile banking may also allow you to make a loan payment by transferring money directly from an eligible account. First Financial customers can review how to transfer money between accounts through Digital Banking.

View And Download Statements

Mobile banking may also give you access to account statements from your device. This can make it easier to review account activity, find account information or retrieve a statement when you need a copy for your records.

Depending on the service, you may also be able to view and download statements for printing or other uses.

Keep Your Account Secure

Financial institutions use security measures designed to help protect online and mobile banking. These may include two-factor authentication, fingerprint or facial recognition and encryption that protects data while it is transmitted or stored.

You also play an important role in account security. Use a strong, unique password, avoid accessing your account over unsecured networks and follow your financial institution’s security recommendations. You can also review First Financial’s cybersecurity guidance for additional ways to keep your account secure.

Make Mobile Banking Work For You

Mobile banking can give you more flexibility in how and when you manage your money. The specific services available depend on your financial institution, so review its website or app to understand your options and any instructions that apply.