A checking account offers convenient access to the funds that you will
use on a day to day basis. By working with
your credit union to get a checking account in O’Fallon, you will be able to easily
manage your finances. Today’s banks also offer updated services,
such as online checking accounts that can be accessed at any time of the
day or night. Whether you are considering opening your first checking
account or are an experienced banker, here are some common checking account
mistakes that should be avoided.
Forgetting to Stop Automatic Payments
When you set up online checking, you can arrange for some or all of your
bills to be automatically deducted from your account. When you switch
accounts, it is important to make sure that you cancel these automatic
payments. If you neglect to stop the payments, you could run the risk
of overdrafting your previous checking account.
Writing a Check for More Than Your Account Balance
While writing paper checks may seem like a notion of the past, there may
be certain situations in which you must write a check to make a payment.
When you write a paper check, it is highly important to make sure that
you have sufficient funds in your checking account.
Cashing a Post Dated Check Too Early
When you write a paper check, you have the option of post-dating the check.
This means that the check will be written out for a date that is later
than the day that it has been issued. When writing or receiving a check,
be sure to check the date before you make your deposit.
For assistance with all of your checking account needs, be sure to visit
GCS Credit Union. We proudly provide our customers throughout the O’Fallon
area with a full range of
highly rated banking services. Give our O’Fallon branch a call at (618) 797-7993 to learn more
about how you can set up a checking account at our institution.