Valley CU Unveils Mobile Phone Banking

SAN JOSE, Calif. – Valley CU now allows members to use their cell phones and mobile devices to conduct transactions. The credit union’s ‘Valley Mobile’ service allows members to download a program to their device and view all accounts simultaneously, transfer funds between accounts, track assets through graphic reports, and receive alerts and important updates through a secure e-mail feature. Online bill pay will be available in the second phase of the rollout. To use Valley Mobile, members will need three things: a data service plan from their carrier, the ability to download a software application, and a compatible device, which includes cell phones with Windows Mobile, a Palm with Java virtual machine, or a Blackberry. "Our goal is to increase members' ability to bank around their own schedule," said Ryan Barringer, AVP-marketing.