From safety to convenience, proper financial planning can ultimately help get your personal finances in order. Read on to find out the top five reasons why you should have a checking account:
- Safety and Protection
Stacking cash at home can involve several understandable risks. Consumer bank accounts at credit union or federally insured institutions, offer protection subjected to each account ownership category. Basically, it means your money is in safer hands and you can store it safely for any purpose.
- Convenience
Where else can you cash your pay check if you do not have an account of checking Wareham. For credit unions, you need to visit the specific bank for encashing the check. Now, if you regularly have to drop in a check in the same financial institution, it is better to open an account with the bank/credit union where you can set up direct deposit through your employer.
- Bill Pay
From rent to utility, monthly bills cannot be ignored. Paying those bills without a bank account will not just be an expensive procedure but also extremely tiresome. With a checking account, you can issue checks or set up automated bill payments that can make your life way easier!
- Debit Card Convenience
Carrying a debit card of your checking account is a brilliant replacement to that of carrying the cash. Even if your card is lost or stolen, you can make way for the new one without losing any money. And, do we really need to stretch on the convenience to pay with debit.
- Budgeting Tools
Withdrawals, purchases, and all other debits and credits are automatically enlisted on the bank accounts. The credit union will send you the monthly statement report of your spending accounts. This is an excellent way to find out where you can fine-tune your personal budgeting choices and save a few bucks more every month.
With PCT Federal Credit Union, you can enjoy the convenience of no minimum balance on the checking accounts along with no fees on activities such as -
- First Box of Basic Checks
- Visa® Debit Card
- Online Banking
- Unlimited Check Copies (via Online Banking) Bill Pay
- Mobile Banking
- eStatements
- Mobile Check Deposit
Established in 1962, PCT Federal Credit Union aims to offer exceptional financial services at the best economical rates. Their high quality, personalised, convenient functionalities make it a loved credit Union of Wareham. Visit http://www.pctfcu.org to find out more.
