Customers can complete transactions from a secured Internet site by using a username and password

Apps that allow online banking access from devices such as smartphones and mobile devices.

Used to purchase items from stores.

Not for-profit business that offers banking services that are owned by their customers.

For‐profit businesses that offers financial services.

Used for day to day money management.

Designed to hold money not spent on current consumption.

Perform transactions like withdrawing cash and depositing money.

Members share a common bond (employer).

Open to anyone.

Very easy access to funds.