Save time. Save space. Save money. Save a tree! Environmentally conscious and security-minded people are choosing to receive eStatements in place of traditional paper statements. Most Credit Unions offer this service free to their members. If you are unsure of making the switch to digital, this article is for you!
What is an eStatement?
eStatements are electronic copies of your account statements that you can view, search, save and print online anytime, at your convenience! Your credit union or other financial service provider will send you an email notification alerting you that your monthly statement is available to view online. The statement will be found through your online banking portal and will look the same as your paper statement, just electronic!
You won’t miss paper statements with these benefits!
eStatements are available online, days sooner than paper statements that arrive by mail. When you receive paper statements, you may be waiting three to five days before receiving it in the mail. eStatements take out that wait time.
No need to file away paper statements; eStatements are stored for you online and archived for future reference!
Declutter your life:
We’ve all been guilty of stacking our mail, and chances are your bank statements are a part of that pile. eStatements can help you take away the clutter as your organize your statements in your online banking portal. If you ever need to reference the statements again you can easily access them with a few simple clicks.
Access your eStatements using your secure Online Banking account login. e-Statements are not sent by e-mail or by paper to an unsecure mailbox. The reality is, paper statements are exposing you to potential security issues. 85% of identity theft occurs from lost or stolen paper records like statements in your mailbox. They have information you do not want everyone to see, like your name, address and account number. So keep that information safe with eStatements.
Not only will eStatements save you clutter, time, and provide security, they are also an environmentally friendly choice. eStatements save paper, ultimately saving trees and less strain on the environment! Choosing eStatements means you will be making a positive impact on the environment by removing the need for paper statements.
By switching to eStatements your can:
Save 6.6 pounds of paper.
Avoid use of 4.5 gallons of gasoline to mail them.
Avoid release of 63 gallons of wastewater into the environment.
Avoid producing 171 pounds of greenhouse gas emissions.
Those are relatively small numbers on an individual basis, but just imagine the significant impact if everyone starts saying “yes to eStatements”.
Making the switch to eStatements is a very simple process and you can probably make the switch within your online banking portal. Join thousands of other credit union members who have made this simple switch that makes a big difference in their lives and the environment. Sign up for eStatements today!