SANTA ROSA, Calif. — Redwood Credit Union has introduced an online service that allows members to move money between their accounts internally at the credit union and other institutions.
The Move Money feature requires a two- to three-day registration period to confirm account ownership information at the other institution and then can request one-time or recurring transfers at any time, transfers which are then usually completed within three business days.
Move Money complements other services from RCU Online, including Quicken/QuickBooks downloads, free bill pay, online loan applications and e-statements.
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"We are always looking at ways to enhance online services to our Members and Move Money is a great addition to our platform because it is secure and easy to use," said Mark Michaels, senior vice president of information technology for 140,000-member Redwood CU (www.redwoodcu.org.).
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