Going Away to College? Bring WSB with You!
Heading off to college is a significant and exciting milestone. While plenty of changes are on the horizon, the worries of managing your finances won't be present.
If you have a personal savings or checking account with Waldo State Bank (WSB), you can use our mobile banking solutions to access your finances on the go easily–no matter where you’re attending college.
Don't have an account with WSB yet? Make the switch.
Benefits of Mobile Banking in College
Ten years ago, not many people used mobile banking. But now, thanks to technology, it's a popular option for customers.
A recent survey by TouchNet discovered that 73% of students use mobile banking for deposits. Additionally, 80% of students use banking apps for bill payments and transfers.
Let's discuss why college students love using mobile banking.
Easy Accessibility
College students can use mobile banking to access their money, transfer funds, make payments, and deposit checks from anywhere.
You can transfer money from your savings to checking to buy textbooks using your phone with a few taps. If you work part-time and receive physical checks as payment, you can deposit the money using your banking app. You can use the mobile deposit feature on your banking app to deposit the funds.
Convenience
Online banking is helpful for college students who travel between their school town and other locations for summer jobs or internships. It allows you to manage your money from anywhere, so you don't have to switch banks whenever you move.
You can manage your bank accounts easily from anywhere, including on campus, in a different city, or while interning. You can make transactions and track spending without going to a physical bank.
Security
A mobile banking app can help you keep your money safe. It allows you to see your account transactions in real-time on your phone.
You don’t have to wait until you receive a bank statement at the end of the month to view each charge. Instead, regularly check your account balance and app transactions for any unusual or unknown charges, transfers, or activity.
Mobile Banking with Waldo State Bank
With Waldo State Bank, managing finances in college is a breeze. We started in 1913 and are an independently owned local bank. We help our customers achieve their financial goals. Rooted in our rich tradition, we offer innovative banking solutions to serve modern consumer needs.
WSB offers college students a few ways to access their accounts on the go. The first option is to log into our online banking portal from the upper right corner of any page on our website.
We also offer our mobile banking app. Get the Waldo State Bank Mobile app on the App Store for iOS or Google Play for Android. The app is free to download and helps users check their balances, deposit checks, and make transfers from their phones or tablets. iOS users can enable FaceID to provide more convenient and secure logins.
The app also has a “Find Near Me” function to help you find the nearest WSB branch or ATM. This can be useful for college students heading to a new location.
Learn more about Waldo State Bank and our personalized banking services before you head off to college this fall.
