What was earlier viewed as a remote possibility, something that you might have seen on StarTrek years ago, has today become a quintessential part of all our lives. It is the advent of internet banking facilities, which makes it now possible to actually bank around the clock. Of course, that is assuming that you’re one of the few lucky people out there who are rolling in money and want to move it around and play with it all day long.

For credit unions such as the Illinois Community Credit Union (ICCU) new technology is all about cutting costs for members and returning profits to them whenever possible. Internet banking helps ICCU offer lower rates on Dekalb mortgages and Sycamore car loans while increasing the level of service it can offer its members.

This scenario is possible twenty-four hours a day, even when your bank branch is closed because of almost revolutionary advances in communications technology. With this new technology you can save a lot of time and energy, and have a much better idea of the state of your finances regardless of your location or the time of day.

Here are some of the most important conveniences of internet banking:

- You can get into your accounts from anywhere at any time.

- You can use your computer, your regular telephone, or a smartphone.

- A record of your transactions can be downloaded anytime.

- You can easily transfer funds between your accounts at absolutely no extra cost.

- You can pay bills online to virtually anyone you owe money to.

- You can go back months and even years to access historical information.

- If you still use checks, you can see copies of them.

- You can enjoy the convenience of applying for an auto loan, or mortgage online.

- You can stay at home if you wish and avoid bad weather and line-ups at the bank.

- There is very little delay in processing your transactions. Most things happen and are recorded immediately.

- You can transfer money to friends, family, business associates by using email transfers.

- You can get access to your credit cards, mortgage information, and loan balances online.

With internet banking your money is completely safe. You are protected by pass codes that you select yourself, and banking websites that employ the latest safety controls and backups.