Learning Center

In eBanking, you can check your accounts to verify that the transaction was completed. If you selected to receive text alerts, each time you complete a transaction from your mobile device (bill payment, funds transfer, etc.) you will receive a text message as confirmation.

Since our account data is not stored on your mobile device, your information cannot be stolen. If you simply get a new phone but keep the same phone number and provider, you may need to download the app again. If you switch providers and/or phone numbers, log in to eBanking and update your information, click on All Menu > Settings > Mobile Banking. You will not receive text messages regarding Mobile Banking transactions if your phone number and carrier are not correct.

Select ‘My Accounts’ and then select an account to view specific transactions for that account.  

1. From the Home screen, select the + button and then select Transfer.
2. Select Transfer From to choose the account where the funds will come out of.  
3. Select Transfer To to choose the account where the funds will go at the time of the transaction. 
4. Select Amount to enter in the amount to be transferred.
5. Select Done.
6. Select Continue to transfer funds.  A confirmation screen appears. 
7. Select Approve.                  

Only complete, unaltered checks in U.S. currency drawn on a financial institution in the U.S. and dated less than six months from the deposit date can be deposited.  The check must be made payable to the account owner(s) that have been properly endorsed with “For Mobile Deposit Only AbbyBank” and the payee's signature(s). 

1. When potential fraud is detected by the debit card processor you will receive an automatic email notification from AbbyBank with the option to reply with “fraud” or “no fraud”. 
2. One minute after the email, you will receive a text alert between 7am and 9pm EST which also has the “fraud” or “no fraud” option.
3. If there is no response received from you, five minutes after the text alert, you will receive automatic phone calls to confirm or deny fraud.  

Credit and debit card skimming is a type of theft where someone uses a small device to steal the information from your card in an otherwise legitimate credit or debit card transaction. Thieves use the stolen data to make fraudulent charges. Devices used are smaller than a deck of cards and are often fastened in close proximity to, or over the top of the ATM's card reader. For more information about skimmers you can read the article "All About Skimmers" written by Krebs on Security.

Yes. Please talk with your technology contacts or vendors to use the best for your business needs.

We offer several options for you to make your loan payments:

• Coupon Book
• Automatic Payments from an account at AbbyBank or another Financial Institution
• eBanking Loan Payment/Bill Pay
• In person at any of our locations

All loans are subject to credit approval. We review your credit report, employment history, collateral and ability to repay. We also need to know if you intend to apply individually or jointly. If joint, we review credit and income of both parties. There is no cost to apply. 

The bigger your down payment, the less you need to borrow.  There are other benefits to a bigger down payment, but there are also several options for low down payment loans.  There are even down payment assistant programs available for borrowers who meet certain income guidelines.  Your AbbyBank Mortgage Loan Officer can walk you through down payment options! See our Mortgage Qualifier Calculator to learn more.  Apply online now!

Private Mortgage Insurance (PMI) allows the consumer to have a mortgage without having 20% equity in their home and/or 20% down payment. PMI adds an additional cost to your monthly payment.

Hazard Insurance, also called Home Owners Insurance, typically covers hazards to the home and personal belongings within the home and/or provides you with liability protection.  It is important that you discuss the policy and pricing options with your insurance agent to have the best plan that fits your needs.

The length of time that you choose for your loan depends on your personal situation, income and preferences. If you prefer to pay the least amount of interest and you have enough income to pay more per month, a shorter-term loan may be better for you. If you prefer to pay less per month and want to have the loan for a longer period of time, a longer loan term may be better for you. Use our Mortgage Calculator to learn the differences between short and long-term loans.

To know if your situation will benefit by refinancing, you need to consider and compare the overall situation. You will need to know the new rate, term, closing costs, principal amount left on loan, appraised value, etc. Go to our Mortgage Refinance Break Even calculator to help you make a good comparison. If you still have questions, contact one of our Mortgage Loan Officers.

We have a great Rent vs. Buy calculator to use as a basic comparison tool to understand the financial expenditures that go along with home purchases. You will need to look at the home purchase price, monthly mortgage payment, property taxes, home insurance, association or maintenance fees, inflation, etc. to know what the best option is for you.

A financial institution normally does not lend at 100% of collateral value. The exception is when you are pledging a deposit account in the same institution. Typically, consumer loans could borrow from 50% to 70% of the collateral value.

Your payment is determined by the amount you borrow, the interest rate on the loan and the term of the loan. The interest rate and term are determined when you qualify for the loan and is based on your credit standing and the age of the collateral offered.  For example, the older the collateral, the shorter the loan term will be. Typically loans for consumer goods are 5 years or less. Visit our Calculator page to help you determine your payment preference.