Five Reasons to Switch to eStatements
Switching to eStatements and eNotices is a more secure, convenient way to track your financial records, and can free up your filing cabinet or counter space. If you currently receive paper statements, here are five great reasons to enroll in eStatements and eNotices.
1. GOING PAPER-FREE HELPS SAVE TREES – AND PLANTS THEM, TOO!
SLFCU will donate a dollar to the National Forest Foundation for every SLFCU account that switches from paper to eStatements & eNotices by midnight on December 31, 2021. For every dollar donated to the National Forest Foundation, one tree will be planted.
2. YOU'LL HELP YOUR MEMBER-OWNED CREDIT UNION REDUCE PRINTING COSTS.
More than 80,000 paper statements are mailed to our members each month – at an annual expense of more than $500,000! You can view statements as PDFs by logging in to online and mobile banking and selecting the eDocuments widget. Through online banking, you can also download and save the PDF to your computer and print it only when necessary.
3. ACCESS YOUR STATEMENT(S) WITHIN 24 HOURS OF CREATION.
Most members get paper statements about 3 to 4 days after they are printed and mailed – and then they might sit in your mailbox for a while. With eStatements, we will email you immediately when your statement is ready to view in online or mobile banking.
4. REDUCE THE RISK OF MAIL FRAUD AND IDENTITY THEFT.
Paper statements and notices are easy to lift from a mailbox or misplace in a pile of paperwork. They could also make you more susceptible to identity theft since they include personal information.
5. DOUBLE-CHECK YOUR PAYMENT AND DEPOSIT HISTORY WITH EASE.
Many people forget to open their paper statements, or file them without reconciling, making efficient access to past transactions more difficult. And eventually, you’ll need to shred them to ensure your financial information is kept secure. With eStatements, two years of your statement PDFs are available within online banking, allowing easy access anytime you need to find your past payment or deposit history.
TO ENROLL, LOG IN TO ONLINE OR MOBILE BANKING AND OPEN THE eDOCUMENTS WIDGET.
In mobile banking, click on Settings and select electronic documents. For online banking, click the Overview tab, then click the gear icon under Manage Your eStatements and eNotices Preferences. In most cases, enrollment is immediate. However, you may receive any paper statement or notice generated before you enrolled.
Not registered for online banking yet? Visit slfcu.org/OnlineBanking to get started.
*Members with joint accounts must be logged in as the primary owner in order to enroll.
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