ALBANY, N.Y. — SEFCU announced it is working with Google to introduce digital bank accounts, which will be available to its customers through Google Pay.
The credit union says it’s pursuing the service “to meet the needs and expectations of mobile-first users.”
Albany–based SEFCU has branches and ATM locations in the Syracuse and Binghamton areas, along with ATM locations around Central New York and the Southern Tier.
Members who sign-up for these accounts will be able to manage their accounts “directly and securely” through Google Pay, which will give them access to “deeper financial insights and budgeting tools,” SEFCU said.
“This exciting collaboration will provide members with even greater convenience and security as they bank from their mobile devices, and we are thrilled to be on the cutting-edge of this effort,” Michael Castellana, president and CEO of SEFCU, said in a release.
The digital bank account will be built on top of SEFCU’s existing banking infrastructure and the accounts will be insured by the National Credit Union Administration, with Google providing the “front-end, intuitive user experiences and financial insights,” SEFCU noted.
The new accounts will be available to SEFCU members in 2021.