State Farm Bank is letting its customers deposit checks into their accounts via a new iPhone application.
The Pocket Agent application lets customers use the mobile deposit for their savings, checking, interest checking and Money Market accounts. The service is compatible with iPhone 3GS and iPhone 4.
“The strategy is convenience,” said Andrea O’Connor, assistant vice president of bank deposits at State Farm Bank, Peoria, IL. “No more running to the bank or ATM.
“We offer a safe and secure way to make a deposit so that our customers can spend time doing the things they want to do,” she said.
State Farm insures cars and homes and also offers customers banking, annuities and mutual fund products.
Checking services
To deposit a check, a customer should first endorse it, then enter the amount and take a picture of the check with their handset.
The service sends a confirmation notice from State Farm Bank when a customer’s check is received.
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