- Ask Us
- Fraud/Security for Deposits
Mobile banking allows you to perform many of the same activities as online banking using a smartphone or tablet instead of a desktop computer. However, simply accessing the bank’s website on a mobile device is not the only method of mobile banking. Mobile banking’s versatility includes:
- Logging into a bank’s mobile website
- Using a mobile banking app
- Text message (SMS) banking
While more banks are making their sites easier to use on mobile devices, mobile banking is more commonly associated with accessing your accounts through an app. Last year, mobile banking apps were used on 52% of smartphones in the US, according to a consumer and mobile financial services report by the Federal Reserve.
Apps can offer a wide range of services that are not limited to account access and include the following:
- Making mobile check deposits
- Transferring money
- Paying Bills
- Locating ATMs
Mobile and online banking provides convenience to customers who want to manage their finances while on-the-go; both options allow a person to conduct financial business from outside a banking facility. Customers interested in using either method of doing business should learn about both their bank’s mobile banking app and online banking website to better manage their finances.