Many banks are working aggressively to improve their online services to include interactive budgeting and financial management tools to help their customers. Many are doing this in response to other non-bank tools available online. While these non-bank tools are pretty amazing, they lack an important feature: regulatory oversight.
Sites like mint.com and wesabe.com offer a wide range of tools and services that are definitely useful, but they lack the important data and information security requirements your bank strives to adhere to in order to provide you FDIC deposit insurance. These are pretty cool sites, but they could be better with some regulatory oversight and requirements.
Recognizing the opportunity to better serve its customers, Western Community Bank was among the first 20 banks in the country to launch FinanceWorksTM powered by Quicken® in September 2008. FinanceWorks is a FREE online money management tool, protected inside of the bank’s Home Banking system security, which allows users to manage not just their Western Community Bank accounts, but accounts at over 5,000 financial institutions and credit card companies. It’s the best of both worlds-the awesome tools to manage your finances, with the security of a trusted and regulated online banking system. Checkout this cool FinanceWorks tour to see how you can use this simple but powerful tool to help you manage all of your money from one trusted site.
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