Okay, so your credit union can't actually
supply the funds to pay your bills. It can, however, eliminate
the stress and time constraints associated with doing so. The
service is called Electronic Bill Payment, and it's available
today to members who have a credit union checking account!
Electronic Bill Payment (EBP) is a service
that makes it simple and convenient to pay your monthly bills.
All you have to do is verify that the amount you have been
billed is correct, and then schedule the payment. Your credit
union will do the rest!
You can schedule recurring payments of the
same amount, like your mortgage, and by retaining the contact
information of the payee, your bill payment history speeds the
process of paying billed amounts that vary from month to month,
like a credit card.
Payments should be requested no less than five
business days prior to the bill's due date to ensure they are
received on time.
To get started with Bill Payer, there is only
a one-time $5.00 enrollment fee, charged directly to your
checking account, then NO monthly fees!
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