US-based privately owned community lender Alliance Bank has introduced mobile banking services, to provide its personal banking customers with fast, easy, and secure access to accounts from anywhere.
Using the new mobile web or text banking application, all Access Online banking registered customers can check available balances, transfer funds between accounts, and pay bills.
Alliance Bank CEO V Philip Reim said, "Our new Mobile Banking service provides our customers with the added flexibility of managing their banking activity from a variety of mobile devices."
Around 37% of community banks currently offer mobile banking services, representing more than double the 15% in 2010, according to a recent study conducted by Independent Community Bankers of America (ICBA).
Another 44% community banks are planning to introduce the services by 2014.
Having over $590m in assets, Alliance Bank offers commercial, agricultural, private and personal banking services through 10 locations in Minnesota and Wisconsin.