We created Money Link to make it easy for members to receive money from anyone with a bank account in the U.S. (if that account is with UW Credit Union the transfer is instant--otherwise it takes 3-4 business days). This free service is already used by many members.
Today, we made it easier to invite people to send you money. Just go to Money Link under the Transfers & Payments tab in Web Branch and choose to "Create a New Money Link." Now, you can easily import the names and e-mail addresses of your contacts from AOL, GMail, Hotmail and Yahoo mail. We just pass on your e-mail address and e-mail password to those services so there's no need to worry about your account information being used or compromised. And, of course, we never store or sell the e-mail addresses you enter.
Money Link is a great way to share in expenses with roommates, split checks when getting lunch or for parents to send students money at school. If you haven't tried Money Link, now is a great time to start.