Wednesday, April 08, 2009

Church of the Brethren Credit Union offers online banking.

Members of the Church of the Brethren Credit Union can now view their accounts at any time of day, anywhere in the world. On April 1, the credit union launched online banking services, including account access and bill pay, through the website www.cobcu.org. Brethren Benefit Trust has acted as a third-party administrator for the Church of the Brethren Credit Union since April 2004.

"We’re excited to offer online access to Credit Union account holders. Now all Credit Union members can keep track of their accounts from any Internet connection," said Steve Bob, director of the Church of the Brethren Credit Union. "In these times, it’s important for our members to be able to manage their accounts at any time, not just within our office hours. We hope these services will encourage our members to continue to be good stewards of their financial resources," Bob said.

The new online services allow credit union members to monitor their account balances; transfer funds among savings, checking, and Club accounts; and submit credit union loan payments from any Internet connection, 24 hours a day. A bill pay system has also been added to the Church of the Brethren Credit Union’s online services for members with checking accounts. Bill pay allows users to set up payees to handle such payments as auto insurance, cable television, or utility bills, or even their monthly tithe. Members can transfer money to any outside party or individual who has a checking account and an e-mail address.

Online banking is available to all members of the credit union, whether they have a savings account or both savings and checking accounts. Access to credit union accounts online is a free service, and members can sign up at www.cobcu.org. To use bill pay, members must have a checking account through the credit union. Credit union members who are not signed up for checking accounts can do so by downloading the Account Agreement form from www.cobcu.org and submitting it with a $25 deposit. New checking account members will receive a free box of checks when they open their accounts.

For additional information see www.cobcu.org or contact the Church of the Brethren Credit Union at cobcu@brethren.org or 888-832-1383.

Source: 4/8/2009 Newsline

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