Mint.com is a personal finance web app, which helps you keep track of spending and income. Up until this week, Monarch Community Banks online banking was not supported, but now it is.
We have had the ability (and still do) to export to Excel, Microsoft Money and Quicken. However the process is still a manual process of downloading and the importing.
I am lazy, and the less steps the better. That is where Mint comes in.
With Mint you can automatically pull all your Monarch accounts you have listed. Once your account is set up then that’s when the fun begins. (well if you call micromanagement of your finances fun.)
How to Add your Monarch Community Bank accounts
first thing you need to do is sign up for mint. just go to www.mint.com and select sign up. all you need to provide is an email and a password.
Once signed up you need to add an account.
Click the orange Add account button.
And then enter www.monarchcb.com in the search box.
Select us from results Monarch Community Bank (MI)
enter your Netteller ID, or the alias you have defined, and enter your password.
ok at this moment you are probably thinking ( and rightfully so) why would i give them my account info, isn’t that against the security best practice you wrote? Yes it is, however mint is a secure site. for more information on Mint’s security check out the video below, and also there security FAQ
Ok so now that has been addressed lets finish adding our accounts.
So click on Start
It will now go through communicating with our online banking
And Boom! There’s your accounts. This test account has 3 accounts associated with it a Checking, Savings, and Mortgage
Close the window and you are one your way to financial management bliss.
Of course once you have your information set up you can add credit cards, store cards, investment accounts, assets and pretty much all your financial info and once you have that data, you can budget, track spending, and graphs!