Online Banking

 

Conducting Your Transactions Online

Federal financial regulators are reporting that Internet threats have changed significantly over the past several years.  Sophisticated hacking techniques and growing organized cyber-criminal groups are increasingly targeting financial institutions, compromising security controls, and engaging in online account takeovers and fraudulent electronic funds transfers.

In order to help ensure the security of your online transactions, we want you to know that:

  • We will never email, call or otherwise ask you for your user name, password or other electronic banking credentials
  • You can help protect yourself by implementing alternative risk control processes like:
    • Making sure you choose an adequate user name and password that, at a minimum, mixes in small case letters, upper case letters and numbers
    • Periodically changing your password (e.g., at least every 90 days)
    • Safeguarding your user name and password information
    • Having current anti-malware and anti-virus software
    • Making sure you have a firewall in place when conducting your financial transactions
    • Logging off the system when you're done conducting business (don't just close the page or "X" out of the system)
    • Monitoring your account activity on a regular basis

 

Federal regulations provide consumers with some protections for electronic fund transfers.  These regulations generally apply to accounts with Internet access.

For example, these federal laws establish limits on a consumer's liability for unauthorized electronic fund transfers.  They also provide specific steps you need to take to help resolve an error with you account.  Note, however, that in order to take advantage of these protections, you must act in a timely manner.  make sure you notify us immediately if you believe your access information has been stolen or compromised.  Also, review your account activity and periodic statement and promptly report any errors or unauthorized transactions.

If you become aware of suspicious account activity, you should immediately contact the authorities and contact Keystone Credit Union at 903-882-4343.

Services that may be provided via Online Banking

  • Account balance inquiries
  • Transfer funds directly from the members' account to the merchant accounts
  • Tranfer funds into a holding account and send a check to the merchant
  • Transfer funds to a third party who then pays the merchant or utility
  • Open member accounts
  • Loan applications
  • Stock brokerage services
  • Remote information services that allow electronic access to local and regional newspapers, classified ads, and airline, restaurant, theater and sporting event reservations.
  • Income tax preparation service

Transfer and Bill Payment System

Online banking allows members to pay bills or transfer funds only from their accounts.  No payments are allowed to third parties without required authorization.