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Is Mobile Banking for You?

Learn the facts about mobile banking, its benefits and tips for making sure you're secure.

by Navy Federal on February 9, 2015 | Tag(s): Personal Finance

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The use of mobile banking has skyrocketed over the last few years since it was first introduced in 2007. Of the 87% of U.S. adults owning a mobile phone, are you a part of the 33% who conducts mobile banking, or are you a part of the two-thirds of non-mobile banking users still on the fence?

Many non-users' main concern is security. Reputable financial institutions take the safety of your financial information very seriously and invest heavily in technology, processes and resources to prevent mobile banking fraud or theft. And often, the convenience of banking through your mobile device can allow you to focus on more important tasks.

Take advantage of the convenience of mobile banking* with the ability to:

  • View account activity
  • Receive text alerts when certain activities occur in your account
  • Get the banking information you need through simple text commands

All of this and more can be done while you're on the go!

Take a look at this infographic to get the facts about mobile banking, what types of banking activities are available through your mobile device and the simple steps you can take to further keep your banking transactions secure.

Mobile Banking Infographic

Mobile Banking Infographic

This article is intended to provide general information and shouldn't be considered legal, tax or financial advice. It's always a good idea to consult a tax or financial advisor for specific information on how certain laws apply to your situation and about your individual financial situation.