Is Online Banking Safe?

online banking safeIs Online Banking Safe?

How do you really know?  Here’s how:

Make sure the Bank or Credit Union really exists.  Is there a physical address?  Check Google to verify.  Feel free to call the number listed.

Is the institution insured federally?  Banks should be insured by FDIC, and Credit Unions by NCUA.  Your money is safe.

Poke the bearIf they are insured, your online banking from that banks web portal is safe.  They have to comply with the rules and regulations of online banking.

Lastly, never trust giving information online unless it’s initiated BY YOU!  If someone online asks for information, that’s typically a bad sign.

For more info on safe banking, go to FDIC for banks or NCUA for credit unions.

Feel free to call Source1 to make sure we are real.  Go ahead.  Poke the Bear! (312) 922-0495

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