5 Tips for Keeping Online Banking Safe
How to protect your church's accounts.

Online banking has proven to be an efficient, environment-friendly way to pay bills and manage bank accounts. For all of its benefits though, there are still safety precautions churches need to take to protect their money. Mark Jones, money management expert for Evangelical Christian Credit Union (ECCU), offers several tips for keeping online banking safe and secure:

  • Have dedicated IDs and passwords that you only use for online banking.
  • When you travel, don't use public Wi-Fi for online banking. Use things like VPN or air cards instead.
  • Avoid using automatic login features that save your user ID and password information.
  • Determine who needs access to your accounts and tightly control entitlements. Delete users when they leave your organization.
  • Utilize email or text alerts to notify you of specific account activity (e.g., incoming wires, balance notifications, and so on).

You can read Mark's full list of guidelines and tips at ECCU's blog.

The September 2013 edition of Church Finance Today further covers the emerging risk of electronic embezzlement.

This content is designed to provide accurate and authoritative information in regard to the subject matter covered. It is published with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. "From a Declaration of Principles jointly adopted by a Committee of the American Bar Association and a Committee of Publishers and Associations."

Due to the nature of the U.S. legal system, laws and regulations constantly change. The editors encourage readers to carefully search the site for all content related to the topic of interest and consult qualified local counsel to verify the status of specific statutes, laws, regulations, and precedential court holdings.

Like This Article?

If you enjoyed reading this article, get more like it. Become a Church Law & Tax member today.

Learn more

Already a member? .

Recent Posts
Become a Church Law & Tax Member



Experience a whole new way to set compensation. Eliminate the guesswork – get access to detailed compensation reports in just minutes.

Church Issues: Waivers and Release Forms and Church Liability

Church Issues: Waivers and Release Forms and Church Liability Member access only

What these documents do—and don't do—based on statutes and court decisions made nationwide.
Church Compensation

Church Compensation Member access only

Learn the many pieces of employee compensation.