Why Is It Important To Check Your Credit Union Accounts Daily? Security is important for every account you have at your bank or credit union. From business checking and savings accounts to personal savings and checking accounts, securing your accounts should be a high priority. Many financial institutions have their own ways to keep their security tight, but it is still important to check your accounts regularly to make sure your accounts are safe. It is often recommended to check your accounts daily or monthly, depending on your situation, to make sure all of your accounts are accurate. There are many things you can catch with security checks and more. CHECKING FOR FRAUD Fraud and identity theft are still common crimes that cost many people billions of dollars a year. If you check your accounts regularly, you can catch any discrepancies early to save you a lot of money and hacked accounts. When looking for fraud, check each expense and compare it to any saved receipts you have. MONITOR YOUR BUDGET Frequently checking your account helps you monitor your spending and saving in any account you have. Along with keeping your accounts safe, it is also practical to keep track of how you manage your money. Any extra charges or higher charges than expected should be double checked. CATCH MISTAKES As people, we all make mistakes. Whether you made a mistake with transferring money, the check was read incorrectly, or if the financial institution made a mistake with your account, it’s easier to correct the sooner it is caught. When you check your account often, you’ll be able to fix mistakes as soon as possible. WATCH FOR HIDDEN FEES Be sure you hold your financial institution accountable by watching for any hidden fees that pop up on your accounts. With Financial One, we are your financial partner, so there aren’t any unknown hidden fees that will pop up on your account. Again, finding fees quickly is important to keeping your account correct more accurate. AVOID MISSING AUTOMATIC PAYMENTS Automatic payments are very convenient, but they can also cause problems if you don’t have enough in your account when they go through. By regularly checking your account, you can be sure that there is enough to keep your accounts in the green. Keeping your accounts safe is very important. A great way to check your accounts often is to set up a mobile or online account. At Financial One, we have both an online and mobile access to your accounts, so you can check your accounts often. Contact us if you would like to learn more. MAKE YOUR ACCOUNT MARCH 16, 2021 0 LIKES Previous Five Steps for Cleaning Up Your Minnesota Finances BUDGETING Next 2021 WINcentive Winner How to Avoid Common Scams and Fraud Nov 15, 2021 Minneapolis Fall Home Maintenance Checklist Oct 29, 2021 How to Plan Your Finances for the Last Quarter of the Year Oct 3, 2021 How to Avoid Phishing Scams in Your Email Inbox Aug 24, 2021 Four Tips to Keep Your Budget While on Vacation Jul 22, 2021 make a paymentmobile bankingratesfaqprivacy & disclosuresdocumentscareersshared branchingfind an atmcontact Routing number: 291073503 NMLS: #623955 Blaine 10210 Baltimore St NE Blaine, MN 55449-6049 Coon Rapids 11465 Robinson Dr NW Coon Rapids, MN 55433 Columbia Heights 843 40th Ave NE Columbia Heights, MN 55421 Phone: 763-404-7600 Lobby hours (appointments preferred): Mon - Fri 9:00am - 5:00pm Blaine & Columbia Heights: Sat 9:00am - 12:00pm Coon Rapids: Closed Saturdays Drive-through hours: Mon - Fri 9:00am - 5:00pm Blaine & Columbia Heights: Sat 9:00am - 12:00pm Coon Rapids: Closed Saturdays We are closed on major U.S. holidays. Financial One Credit Union Proudly serving Anoka, Hennepin, Ramsey, and Washington Counties in Minnesota. Website Design by One Wheel Marketing By using this website, you agree to our use of cookies. We use cookies to provide you with a great experience and to help our website run effectively.