Does anyone understand banking practices?

[Clodfobble]

Originally Posted by Beestie

Online banking is a myth. What you see when you log onto your account is a copy of the actual account data sent to a web server - you are not logging into your actual account. Most "online banking" sites do not include balances - only transactions and the transactions are usually delayed by as long as 3 days.

I dunno about real banks, I guess. I use my credit union for everything--checking/savings, two credit cards, the mortgage, and a car loan--and they encourage you to do everything through the credit union's website. If I go make a deposit in person, my online web balance is up-to-date by the time I get home...