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Bank@Home service from Union Bank to debut in October; introductory offer to feature free service, software rebate.


NEW YORK--(BUSINESS WIRE)--Sept. 14, 1995--Union Bank has reaffirmed its commitment to its new Bank@Home service with the announcement of an unprecedented introductory offer to encourage its customers to try the service beginning in October.

In an announcement made Thursday in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, San Francisco-based Union Bank said that Bank@Home service will be offered to qualifying customers free of monthly charges for 12 months, and a $50 rebate rebate, partial refund of the total price paid for goods or services. In the United States, rebates were historically given by railroads to favored shippers as a return on transportation charges.  will be provided to customers who use Bank@Home. This rebate covers their purchase of either Intuit in·tu·it  
tr.v. in·tu·it·ed, in·tu·it·ing, in·tu·its Usage Problem
To know intuitively.



[Back-formation from intuition.
 Quicken A popular financial management program for PCs and Macs from Intuit, Inc., Mountain View, CA (www.intuit.com). It is used to write checks, organize investments and produce a variety of reports for personal finance and small business.  5.0 or Microsoft Money Microsoft Money is Microsoft's personal finance software for computers using the Microsoft Windows operating system. A version is also available for Windows Mobile (available for Money versions 2000-2006, and up to, but not including Windows Mobile 5.0).  for Windows 95 personal financial software packages.

Frank Han, vice president and director of Union Bank's Interactive Markets Group, said that by partnering with Intuit and Microsoft for Bank@Home, Union Bank has created the capability for customers to access the bank through the software packages they are already familiar with.

"We're responding to the needs of our customers, who are demanding more convenience, value and access, particularly via the personal computer. Our introductory offer is designed to make it easy to give Bank@Home a test drive, virtually cost-free."

With Bank@Home, Union Bank customers can pay bills, transfer funds, check balances and download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer.  statement information through their personal computer (PC) and a modem.

Customers using either Quicken 5.0 or Microsoft Money for Windows 95 will have direct access to a full range of banking options. Both Quicken and Microsoft Money allow Bank@Home users to download account information automatically, eliminating the need for customers to update the information themselves.

Bank@Home features include Bank On-Line (basic account information and transfers), Pay On-Line (bill payment) and Quotes On-Line (up-to-date prices for most stocks and mutual funds for Microsoft Money users.)

In addition to the 12 months of free Bank On-Line and Pay On-Line for qualifying customers and the $50 software rebate, Bank@Home customers will receive: free basic checking until the year 2001; free access to all Star and Cirrus ATMs; and other benefits.

Restrictions may apply. Customers should call Union Bank at 800/796-5656 for more information.

Union Bank is currently staffing a new Direct Banking Center that will provide customer support for Bank@Home and the institution's other direct banking services. The center will be located in Irvine, Calif., and is expected to be operational later this month.

Customers using Quicken 5.0 will be able to access their Union Bank accounts using both Windows 3.1 and Windows 95. Microsoft Money for Windows 95 will be available in stores starting Nov. 1, or it can be downloaded free from the Microsoft Network See MSN.

Microsoft Network - The Microsoft Network
 or Microsoft World Wide Web page through Oct. 31, 1995.

Based in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Union Bank is the fourth largest commercial bank in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W).  with $18 billion in assets. It has 210 branches statewide and five overseas facilities.

CONTACT: Union Bank

Joanne Curran, 213/236-5017

or

Durazo Communications

Dan Durazo, 213/239-6555, Ext. 206
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 14, 1995
Words:485
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