Next time you are in a hurry and there is a line in the lobby, why not give one of Stock Yards’ ITMs a try? Interactive Teller Machines are located in several of our offices throughout Louisville, Cincinnati, and Indianapolis. Convenient and easy to use, ITMs can take care of your banking needs with a few simple steps. Here are 7 things you may not know about ITMs:
- Stock Yards’ first ITM opened in Louisville in the fall of 2014.
- Our three Virtual Service Associates are located out of a branch in Louisville.
- You can cash a check and receive exact change back – right down to the penny.
- You do not need a deposit ticket when using the ITM to make a deposit. There are several options to choose from, such as typing in an account or simply inserting a debit card.
- Stock Yards has ITMs at the following office locations:
- 5th Street
- Poplar Level
- Highland Heights
- St. Matthews
- All of the drive in ITM’s have dual functionality and are available to customers 24/7 as an ATM.
- Our virtual staff has over 25 years of combined experience at Stock Yards!
Spending more money than you have in your checking account can result in overdraft charges and damage your account. Overdrafts have been in the news a lot recently. It’s important for customers to know there are numerous ways to avoid paying overdraft fees. Stock Yards Bank offers the following account management tips to consumers:
1. Use direct deposit for your paycheck. You will have access to your paycheck immediately.
2. Keep track of your balance and transactions and don’t forget about automatic payments. Today, it is easier than ever to check balances and transactions online, by phone, or at the ATM, 24 hours a day.
3. Keep a “pad” or cushion of money in your checking account – just to be safe.
4. Link your checking account to an overdraft line of credit, savings account, or credit card. These are usually less expensive alternatives, but remember that for overdraft lines of credit and credit cards, you have to pay it back. The amounts are usually not automatically repaid from new deposits into your checking account.
5. See if you qualify for a small line of credit that will cover you if you overdraw your account. Just be sure to pay it back as soon as you get the bill.
6. Sign up for automatic notification when your balance drops below a certain level. You may be able to get notified by text message or email.
Resource Information: American Banker’s Association