From the Worldwide Faith News archives www.wfn.org
Newsline: Online banking now offered by Church of the Brethren Credit Union
From
cobnews <cobnews@brethren.org>
Date
Thu, 9 Apr 2009 10:41:33 -0500
Newsline: Church of the Brethren News Service, News Director Cheryl Brumbau gh-Cayford, 800-323-8039 ext. 260, cobnews@brethren.org
CHURCH OF THE BRETHREN CREDIT UNION OFFERS ONLINE BANKING
(April 9, 2009) Elgin, IL -- Members of the Church of the Brethren Credit U nion 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 a ccount access and bill pay, through the website www.cobcu.org. Brethren Ben efit Trust has acted as a third-party administrator for the Church of the B rethren 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 manag e their accounts at any time, not just within our office hours. We hope the se services will encourage our members to continue to be good stewards of t heir 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 s ubmit credit union loan payments from any Internet connection, 24 hours a d ay. A bill pay system has also been added to the Church of the Brethren Cre dit Union's online services for members with checking accounts. Bill pay al lows users to set up payees to handle such payments as auto insurance, cabl e television, or utility bills, or even their monthly tithe. Members can tr ansfer 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 the y have a savings account or both savings and checking accounts. Access to c redit union accounts online is a free service, and members can sign up at w ww.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 wil l receive a free box of checks when they open their accounts.
For additional information see www.cobcu.org or contact the Church of the B rethren Credit Union at cobcu@brethren.org or 888-832-1383.
The Church of the Brethren is a Christian denomination committed to continu ing the work of Jesus peacefully and simply, and to living out its faith in community. The denomination is based in the Anabaptist and Pietist faith t raditions and is one of the three Historic Peace Churches. It celebrated it s 300th anniversary in 2008. It counts more than 125,000 members across the United States and Puerto Rico, and has missions and sister churches in Nig eria, Brazil, the Dominican Republic, Haiti, and India.
># # #
>For more information contact:
>Cheryl Brumbaugh-Cayford
>Director of News Services
>Church of the Brethren
>1451 Dundee Ave., Elgin, IL 60120
>800-323-8039 ext. 260
>cobnews@brethren.org
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