8 Important Safety Tips for Online Banking

Who could have known that banking would one day be available at the tips of our fingers? This concept allows people to constantly monitor bank activity through websites and apps. Speaking of which, Central Federal is proud to provide its customers with these online services. While there are some risks to using the internet in general, we believe in putting your safety first. How? Let’s start by providing you with 8 safety tips for online banking. 

Online Banking with Central Federal

Central Federal offers online banking through centralfederal.com and the Central Federal Mobile Banking app (available in the App Store and Google Play). Our safety tips begin with using these two methods of logging in – to avoid being directed to fake sites. We pride ourselves on having an “https” website to let you know we use encryption for security purposes.

Password Maintenance

It’s important to be cautious when it comes to maintaining passwords – especially for your Central Federal bank account. From the beginning, you should construct passwords that you can memorize using numbers and letters. You need to memorize them so that you don’t have to write them down. A password on paper might as well be a key left outside your home. Also, change it every so often. This will help ensure your information is safe at all times.

Security Question Customization

Security questions are incredibly helpful when you’ve lost your password. However, when answering these questions, consider who else could click “forgot password” and get into your account. How many people know the first street you grew up on or other personal details about you? Don’t be afraid to get creative and customize those answers. Instead of putting your mother’s actual maiden name down, enter something else that only you would understand.

Internet Connection

Everyone needs internet access to be able to utilize the full effects of online banking – and it’s easy to connect to WiFi in most places. Just be careful when logging in by making sure you’re on a secure network. We recommend that you don’t use public computers and internet sources, but know you may need to check your information on a whim. Also, avoid checking “remember me” when asked by the computer unless it’s your own protected internet connection. Lastly, don’t forget to log out.

Don’t Forget to Log Out

We’re saying it again, because it’s important. Don’t forget to log out! If you’re using a public device, network, or your personal device is unsecure, anyone can gain access to your online bank. Remember when we compared writing a password down to leaving a key outside of your home? Well, now we’re saying that you might as well put the key into the lock and wait for someone to open the door when you forget to log out of your account.

Secure Your Personal Devices

Now that you’ve created a strong password, customized your security questions, checked the internet security, and will remember to log out after each use – what more can you do? Let’s look at the personal device you’re using for online banking. Does it have a password of its own? What kind of firewall are you using? You’ll want to protect yourself from malware – software designed to infiltrate or damage a computer system without the owner’s knowledge.

Ignore Phishing Emails

When you bank with Central Federal, we already have your login information and will never ask you for it online. If you receive an unscheduled or unsolicited email purporting to be from Central Federal, be cautious – take the time to call us and make sure the email was sent from your banker.

Watch for Changes

Our mobile app allows you to easily keep track of your account activity 24/7. Make good use of this by checking your account occasionally to determine its current status. If you see an issue or something you believe to be an error, give us a call or visit us.

Online banking with Central Federal has never been easier! Visit our website or find our app in the App Store and Google Play. Have questions? Call your friends at Central Federal at (573) 364-1024 today.