The digital tool provided by the financial institution allows members to manage their accounts via a mobile device. Functionality typically includes balance checks, transaction history reviews, funds transfers, and bill payments. For example, a member can deposit a check remotely by taking a picture through the application, or transfer funds between their checking and savings accounts.
This technology provides convenience and accessibility, enabling users to conduct banking activities at any time and from any location with an internet connection. The evolution of mobile banking has significantly reduced the need for in-person branch visits, saving time and streamlining financial management. Security features are typically implemented to protect user data and prevent unauthorized access.