CommonWealth One Federal Credit Union With Intuit Financial Services To Offer Mobile Web And Text Banking And Help Members Manage Money On The Go

Mobile Web and Text Banking solutions provides members access to their accounts anytime, anywhere.

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CommonWealth One Federal Credit Union With Intuit Financial Services To Offer Mobile Web And Text Banking And Help Members Manage Money On The Go

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FOR IMMEDIATE RELEASE
Alexandria, Virginia, United States of America (Free-Press-Release.com) April 20, 2011 --April 19, 2011 – Alexandria, VA – CommonWealth One Federal Credit Union of Alexandria, Virginia has teamed with our internet banking provider, Intuit Financial Services to offer members Mobile Web and Text Banking. Mobile Web and Text Banking offer consumers access to their accounts on the go securely via a web browser. Members access account balances, history, transfers and online bill payment from any phone with a browser. In addition, Text Message Banking provides members with the ability to securely check balances, make transactions and transfer funds anywhere via a simple SMS text.

CommonWealth One is moving with the times by offering its members both Mobile Web and Text Banking for free. These new products strengthen its relationships with its members and transform the way members interact with the credit union. CommonWealth One’s member base contains a large population of Gen Y members, as it is the only branch on the James Madison University campus. According to CNN.com on March 29, 2011, there are over 18.6 million mobile web users and 8.1 million SMS text messaging users. In the last quarter of 2010, almost 30 million Americans accessed financial data from their cell phone or tablet, up 54% from the previous year. This data confirms a trend that could not be ignored and CommonWealth One capitalized on the growth opportunity for enhancing members services.

“We are pleased to offer members both Mobile Web and Text Banking which add a new level of 24/7 access and convenience in managing their account relationships. These new services compliment our current online banking platform, over 40,000 surcharge free ATMs, shared branching network and our proprietary branches located in Northern VA, Washington, DC and Harrisonburg, VA.” said John Blair, CEO of CommonWealth One.

About CommonWealth One Federal Credit Union
Since 1944, CommonWealth One Federal Credit Union has grown to become one of Northern Virginia’s top credit unions with more than $288 million in assets serving more than 36,000 members CommonWealth One is a full-service, member-owned, not-for-profit financial cooperative committed to being the lifetime financial institution of its members. For information on our history, upcoming events, and more, visit www.cofcu.org.

About Intuit Financial Services
Intuit Financial Services (formerly Digital Insight) helps banks and credit unions grow by making it easier for consumers and businesses to manage their money. As a division of Intuit Inc, Intuit Financial Services’ portfolio of on-demand solutions and services are built on insights gained over three decades working with customers and creating innovative offerings that anticipate their needs.

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Intuit, the Intuit logo, Intuit Financial Services, Digital Insight, FinanceWorks and Quicken, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.

More information can be found online at http://www.cofcu.org

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