Automated teller machines allow members access to cash day or night, electronic bill pay allows members to avoid having to make special trips during regular business hours to pay bills or using the postal service, electronic statements and check images allow members to manage their financial affairs from the comfort of their own home, or just about anywhere their hearts desire, and debit or check cards allow members to quickly and conveniently make in- store purchases without the need for paper checks.
In a very real sense, many local credit unions have learned to come to members when and where they need them, rather than the member having to visit the credit union to conduct their financial affairs. Given the current demands on everyday Americans' time and the lack of free time we have available, having the credit union virtually "come to the member" whenever needed is a significant member benefit. Credit unions that provide these services allow their members the freedom to conduct their financial affairs whenever and wherever the member prefers, freeing up valuable time for members to spend on the things that matter most to them in their lives.
But, what about when members receive paper checks? Don't members still need to visit their credit union or an ATM that accepts deposits to deposit a paper check to their savings or checking account? Believe it or not - the answer is no! Modern, forward-thinking, member-centric credit unions even come to members when the member needs to deposit a paper check; no longer do members need to visit a credit union branch or ATM to deposit most checks.
The best part is that mobile deposit (it's also known as remote deposit capture or remote deposit anywhere) is extremely easy to use. Using the camera on your smartphone and the mobile application from your credit union, you take a picture of the front and back of the check, enter the amount of the check and tap the deposit button on the app. Done!