In this modern era, all activities can be done online and that is one contribution of advanced technology named internet we have enjoyed until today. Just with a single touch of our finger, we can do a lot of things with the help of internet, including banking activities. As a proof of the fast moving technology and modern life, there has been Bath Savings online banking that will make your business and banking activities easier. If you want to find out what the real meaning and features of this online banking system then you better read this post further so you will better understanding. You will not only find information about the history of Bath Savings but also brief explanation of their online banking system in this present era.
About Bath Savings
The Bath Savings was firstly founded by Bath Saving Institution in 1852. Even though at the time there was no advanced technology as modern as it is today but the Bath Savings has opened their banking operation with traditional system. Their first customer was Francis B. Swift who also inspired the institution to have a good financial management at the time. The mission of the Bath Savings is actually to help fulfill their communities and customers’ needs by giving a great and satisfying service. However, they said that their performance and high ethical standards that have been formed will not waver as they strive to satisfy the expectations of themselves, communities and also customers as well. This is, they claimed, the exact reason why they have been able to survive until this very day to serve their customers and communities.
Community Bank Mechanism
The main system that wants to be brought out by the Bath Savings online is a true community bank system. At the time, this banking institution was founded by local men in Bath, therefore it is named Bath Savings. Those men found out that the sums of deposited money they can invest in potential projects in their communities that can bring them luck. With the help of people’s deposited money they can make fruitful investment easier and they can pay the depositors back in interest form. This traditional mechanism of community bank has been continued until today and proven to be a very effective way to help people while helping their employees as well, at once. Very brilliant, isn’t it?
As time goes by, the banking system of the this Bath Savings Institution has been divided into two Bath Savings online banking; the first is Personal Online Banking, and the second is Business Banking and Commercial Lending. The Personal Online Banking system will mainly involve around personal or individual savings accounts. Meanwhile, the Business Banking and Commercial Lending will take care of banking activities which is based on business and also lending loans for business or commercial matters. Make sure to know the purpose of your account first before actually opening an account so you can optimize the features offered by the Bank Savings very well.