Here at VCNB we are taking time this fall to be thankful for all the great ways technology has made banking easier for our customers. Here’s a peek at just one of several. Want to know about other popular technology products that we offer our customers? Click here!
While you can get cash from an ATM or even while paying at the grocery store, depositing a check keeps some customers coming into the bank even when they don’t have the time to spare. Thanks to Mobile Deposit, customers no longer have to do that. Instead, they can opt to deposit their check whenever and wherever is convenient for them.
Working through lunch? Can’t make it in during business hours? No time for errands? No problem.
Simply use the camera on your mobile device to submit images of your check through our mobile app! It really is that easy.
Here’s what you do:
Log in to your account in VCNB Mobile.
Choose Deposits and then press Deposit a Check.
Choose the account where you want the deposit to be made.
Enter the amount of the check.
Endorse your check with your signature and the phrase “Mobile Deposit.”
Photograph both the front and back of the endorsed check.
Review and confirm deposit details and hit Yes to complete the transaction.
It’s a quick process that can save you loads of time driving to the bank. Whether it’s from home in your jammies or on a break from work, you can make that deposit whenever and wherever you have a free moment!
Don’t already use our mobile app? Find it in the app store on your mobile device by searching VCNB Mobile.
Here at VCNB we strive to offer customers best in class leading technology. In fact, we have everything the big banks offer but with community bank service and local values.
While we take for granted that our customers know about all this great technology, we find that some customers still haven’t heard that they can deposit a check using their phone or that they can send money to a friend with Zelle® in our mobile banking app. We find they don’t know they can pay bills on the go or that our app makes banking as easy as 1-2-3.
That’s why we will be spending the next few weeks talking about some of the leading technology we offer. This technology makes it easier for you to keep track of your money, open accounts and bank whenever and from wherever is most convenient for you.
Here’s an overview of some of these services and we promise to talk more in depth about a few of them soon!
VCNB Mobile and VCNBfamily.com – Use our website and mobile app to check balances, pay bills, transfer funds, view account statements and even open accounts. It’s like carrying a bank branch with you everywhere you go! Both are free and easy to use and give you access to a ton of great options including those below.
Mobile Deposit – Customers who use our mobile app love that they can deposit a check using the camera on their mobile device. It’s easy and quick! Click here for instructions and to get started today.
Online Bill Pay– There’s no need to stand in the post office line when you can pay bills without even leaving your chair! Log in to your online banking to sign up for Online Bill Pay to schedule bills to pay automatically or on demand.
Zelle – Zelle is a fast, safe and easy way to send money directly between almost any bank accounts in the U.S., typically within minutes. With just an email address or U.S. mobile phone number, you can send money to people you trust, regardless of where they bank. Find Zelle in Online Bill Pay on VCNB Mobile or in your Online Banking.
Account Alerts – Keep tabs on what’s happening with your accounts when you want to be notified about certain activities. Sign up for any of our almost two dozen account alerts to be sent via text or email. Want to be notified if your card has been used? Perhaps you want to know if a check has cleared, that a loan payment is due or if your balance dips below a certain amount. It’s easy and free to sign up in your Online Banking!
Mobile Wallet – Leave your VCNB credit or debit card in your wallet and pay for purchases with Apple Pay®, Google Pay and Samsung Pay! These mobile payment options are contactless and have built in security measures. Visit the app store on your mobile device to get started!
MoneyPass® – Need cash quick but aren’t near a VCNB ATM? Find a surcharge free ATM near you by searching MoneyPass.com or on their mobile app. VCNB belongs to this extensive network which includes over 32,000 surcharge-free ATMs nationwide. No need to sign up! Just look for the MoneyPass logo and insert your card!
Rewards Checking Account – Earn uChoose Rewards for your everyday banking behaviors like direct deposit, bill pay and swiping your debit card with our Rewards Checking Account. Earn rewards like cash back, gift cards, travel and event tickets! Have a Visa® Platinum Favor Credit Card? Earn points for using that as well.
Ready to get started but still have questions? Chat online or call our Customer Service Team at 1.800.542.5004. You can also speak to a banker in your local branch today.
The kids may be getting a break from school, but you still have to work and the bills need to be paid. Luckily, VCNB has some tools you can use to ease the burden of managing your money and even give you a break from worry.
Online Bill Pay
Simplify your financial life by paying your bills online – either by scheduling them on demand or by scheduling recurring payments. This way you’re sure not to miss a payment and can save your bill paying time for a little R&R!
VCNB Mobile enables you to check on your accounts and to bank from almost anywhere. From the beach, from the top of a Ferris wheel or from your couch on a much needed staycation, VCNB Mobile allows customers to transfer funds, pay bills, open accounts and more. The security of this app is top notch to allow for banking without worry.
Cash On The Go
VCNB belongs to the MoneyPass® network of ATMs. With 32,000 ATMS nationwide, VCNB customers can usually find an ATM not far from wherever they are in the country. Traveling for leisure or for work? Just tooling around town? Check out www.moneypass.com to find an ATM near you!
Summer can be an expensive time as you may be traveling, buying back to school clothes or entertaining more than normal. Earn points for your purchases every time you use your VCNB Rewards Checking account or your Visa® Platinum card. These UChoose® Rewards can be used to pay for travel, event tickets, gift cards, merchandise and more! Customers with VCNB Rewards Checking can even earn cash back for their regular spending when they register their debit card with UChoose!
Zelle® Makes it Fast, Safe and Easy to Send Money Digitally to Those you Know and Trust With a Bank Account in the U.S.
Vinton County National Bank today announced that Zelle® is now live in its mobile app, VCNB Mobile and through online banking.
VCNB Executive Vice President of Marketing Audra Johnson said the bank is pleased to offer this modern, free and safe way for customers to send money to someone else. “We’re excited to provide Zelle to our customers. It is a fast and easy way to send money to someone, receive money or even split a bill. Best of all, it’s secure. Person to person payments have become the norm in our society and Zelle outperforms all other platforms. We are confident our customers will love it!”
The Zelle Network® includes financial institutions of all sizes. For more than 140 million consumers, Zelle® is already available from the convenience of their mobile banking app, making digital payments a fast, safe and easy alternative to cash and checks. Money sent with Zelle® goes directly from one bank account in the U.S. to another, using only a recipient’s email address or U.S. mobile number. Funds are typically available within minutes when both parties are already enrolled with Zelle®.
Consumers who are not enrolled and receive a payment notification or a request for payment can enroll through their financial institution or by downloading the Zelle® app if their financial institution does not participate. Consumers should only use Zelle® to send and receive money with friends, family and people they know and trust.
Brought to you by Early Warning Services, LLC, an innovator in payment and risk management solutions, Zelle® makes it fast, safe and easy for money to move. The Zelle Network® connects financial institutions of all sizes, enabling consumers and businesses to send fast digital payments to people they know and trust with a bank account in the U.S. Funds are available directly in consumer bank accounts generally within minutes when the recipient is already enrolled with Zelle®. To learn more about Zelle® and its participating financial institutions, visit https://www.zellepay.com.
If you have a teenager in the house that means you have a child who is a few short years from being out on their own. What skills do you want them to have when they go off to school or to start a new career?
Chances are that good money management skills are on that list.
Whether they have a part time job or just an allowance, odds are your teens have some money to manage. Before they are expected to manage large sums, it’s best they learn to manage small amounts too!
That’s why VCNB offers a Student Checking account. This account is designed to help teens learn how to manage money, keep a debit card safe and learn some financial independence.
Here are some things to know.
This account is for teens ages 14 to 17 and requires that a parent or guardian be a joint owner of the account. There is no minimum balance requirement or fees for electronic statements. The account comes with a free standard debit card.
Like all VCNB accounts, Student Checking gives the account holder access to account alerts, online and mobile banking so that your teen can learn to successfully keep track of and spend their money. They can also access over 32,000 surcharge-free ATMS nationwide through the MoneyPass® network.
Have you ever wondered what a Health Savings Account is all about or if it’s for you? If you have a high deductible health insurance plan, it may be a good choice for you. Simply put, this is a savings account where the money you deposit is tax free. Those funds can only be used to pay for qualifying medical expenses.
To contribute to an HSA, you must first be covered under a high deductible health insurance plan. For 2021, the health plan must have a deductible of at least $1,400 for self-only coverage and $2,800 for family coverage.
The IRS annually adjusts contribution limits, health plan minimum deductibles and limits on out-of-pocket medical expenses. Contributions of up to $3,600 for self-only coverage and $7,200 for family coverage can be made in 2021. If you’re 55 or older at the end of the year, you can put in an extra $1,000 in catch up contributions. You pay no taxes on the money you save in this account.
With a VCNB HSA, you will receive a debit card as well as a complimentary first box of checks. Accept electronic statements and we will waive the $3 monthly fee. Please note, the account owner is responsible for determining eligibility. It’s a good idea to consult your tax advisor before opening an account.
How do you define easy? Here at VCNB we work hard to make it easy for you to get your new mortgage loan. We know that not everyone can come to the bank and that you still need to get your mortgage loan application started and the process underway.
That’s why our mortgage lenders are happy to do business however you like to do business. Want to come inside and sit down with a lender? Do you prefer to do things online? Does a phone call simply fit better with your schedule?
Whatever your choice – call, click or come in and our mortgage lenders will be happy to help!
Call 1.800.542.5004, click on VCNBfamily.com or visit your neighborhood Vinton County National Bank to get started. Member FDIC. Equal Housing Lender.
VCNB Online Bill Pay was designed to save you time and make your life better. If you haven’t tried it, we have three good reasons why you should!
Stay organized by scheduling all your bills to pay from one place! Set up email reminders when a bill is due so you never miss a payment. If you receive eBills through our Online Bill Pay, you can even receive notification when the bill arrives. Need to know if a bill has paid or how much you paid last month? Search your bill history by company name, status or date to get your answers.
Feel good knowing it’s the cheapest and the safest way to pay. There’s no need to buy checks or stamps when you can send money electronically. This means there’s no worry that your money will get lost in the mail or land in the wrong hands.
Automate your bills or take control of your scheduling – whatever way works best for you! Automatic payments are great for bills that stay the same each month like a car payment or insurance. You can also log in and schedule each payment individually.
Please remember that accounts registered for Bill Pay that do not make at least one payment during the calendar month will be assessed a $3 fee. Want to learn more? Click here for details or log into your account through Online Banking or VCNB Mobile to get started.
Whether you have your first credit card or have gotten yourself into trouble with several, it’s never too soon or too late to learn good credit card management habits. Here are some rules to live by.
Know Your Why
If you haven’t already done so, now is the time to set some ground rules for yourself. First, you need to decide why you have a credit card.
Some cards offer incentives for using them. For example, the Visa® Platinum Card at VCNB offers UChoose® Rewards Points for every purchase. These points can be redeemed for incentives like gift cards, cash back and travel. Many of our customers use this card for much of their spending and then pay off the balance when it’s due.
Some credit card holders keep their cards for emergencies. If the fridge dies or you have a medical issue, a card to help you past this bump in the road offers peace of mind. Others use their card only for building credit or for specific kinds of purchases like hotels when they travel or just at the gas pump.
This is a personal decision for you to make and there’s no wrong answer.
Keep Your Debt In Check
We caution customers against allowing debt to accumulate. In fact, we encourage customers to never charge more than they can afford to pay off in a month and to actually pay off that balance monthly. Even a small balance left unattended can accumulate large interest charges and snowball into a massive sum over time. In fact, making the minimum payment on even a few hundred dollars could be costly: added interest could amount to hundreds of dollars over a period of years before the debt is paid off.
Make A Plan For To Pay Off Debt
If you have credit card debt, we recommend making a plan to pay it off as quickly as possible.
Finally, avoid accumulating more debt while trying to pay off the old. It may be a challenge but you’ll never see a zero balance if you keep charging what you can’t afford. For more on this topic, visit our partners at Nerd Wallet who have a repayment calculator and tips to help you.
Building or buying a home can be stressful. There are countless decisions to be made and processes to follow that customers typically don’t experience often. That’s why it’s important to have an experienced banker who can show you the way. We asked some of our experienced lenders what they want customers to know prior to financing a home.
Mortgage Loan Officer Brooke Adams works at our Ross County Banking Center in Chillicothe where she provides borrowers with a checklist of items she will need to start their loan application.
She pointed out that there are many moving parts and pieces of any mortgage or construction loan process at the bank as well as through other individuals including appraisers, surveyors and the title company. Working within their individual timelines can create some challenges. “Each person involved in the many steps of the process have the same goal – to help the person close on their loan. However, in this big mortgage boom, we all have to be patient with turn-around times.”
Chad Meadows, a Mortgage Loan Officer at our Friendly Banking Center in Lancaster spoke specifically about the effort involved in building a home. “It’s always a pleasure to help customers realize their dream of building a home which will probably be their largest investment within their lifetime,” he said.
He suggests that customers speak with a lender prior to meeting with a builder to insure they are setting realistic financial expectations. “Realizing this dream and making it a reality requires coanstant communications between the homeowner, builder and lender. The continuity of this team is paramount for a successful project. It is most helpful to speak with a lender prior to meeting with the builder to accomplish realistic financial goals from the start.”
He elaborated on why this is important. “Items such as property taxes, insurance and monthly mortgage payments are a necessity to set realistic expectations for their dream home. This also helps the builder to save time and resources to effectively initiate the project on the right path. Accomplishing these few objectives in the beginning along with the team communicating consistently will make for a smooth and effortless construction project.”
Salt Creek Banking Center Senior Retail Lender Doug DeLong said that there is never a perfect time to take the leap but that there are practical reasons that make this the right time. “I would tell customers that now’s the time to do it! Rates have literally never been lower. With the costs of construction materials pretty high right now, the customer can more than make up for it with the extremely low interest rates.”
Still not sure if you’re ready to take the first step toward buying or building your next home? Our lenders will be happy to answer your questions. “It is pure joy at the end of the day to watch a borrower achieve the dream of owning a home or buy that next home to grow their family.” Adams said.
Contact our Customer Service team at 1.800.542.5004 or contact a lender close to you!