FirstBank, Colorado's largest locally owned bank with $8.6 billion in assets, is offering what it calls a new tool to help shoppers and travelers manage their money during the holiday season.
Internet banking customers now can check account balances and transfer funds across accounts using their mobile phones, including while waiting in line at the mall or waiting for a flight at the airport.
The mobile banking feature is available to AT&T Wireless customers, and Verizon customers are expected to gain access in December. FirstBank provides the service at no charge, although connectivity and usage rates may apply.
A six-digit PIN is required to access account information, for security reasons, and the information is not stored in the phone.