![]() ![]() 3 And by the time you notice inaccuracies on your account and determine your identity has been stolen, it may be too late.Įlectronic statements shine a light on the “dark period” between paper statements by enabling you to check your account activity anytime, so you’re the first to know if someone else has their hands on your information. Postal Inspection Service, the law enforcement branch of the USPS, reported 2,067 convictions of mail theft in 2019 alone. ![]() Paper statements are passed through several hands before arriving at your door, making it possible for mail thieves to steal your personal information right from your mailbox or garbage. A 2017 Signority study found that if just one person switches all of their paper statements to digital, they can save 938 gallons of water, 2.5 trees, 56 gallons of oil, 595 kilowatts of energy, and 12.15 cubic feet of landfill space every year. A healthy environment is vital to our survival. Reduce Your Carbon FootprintĬonvenience is a key factor in making the switch to electronic statements, but the environment has more to lose without a significant change. ![]() No need to worry about forgetting a paper statement at home the next time you’re away on business or vacation – simply log in to retrieve your desired statement or access each as they arrive. Plus, you can access your statements anywhere, anytime with online and mobile banking capabilities. They are quickly made available to you through online banking, so you can evaluate your finances, avoid potential late fees, and get back to what really matters. Postal Service (USPS) published a map tool 1, which indicates standard mail can take up to 16 business days to be delivered.Įlectronic statements cut out the middle man. This process can take longer than desired – especially during busy times such as holidays. Paper statements have to be printed, folded, and transported by mail handling and delivery services. Opting for electronic statements can save you time and money while protecting your identity – and it’s easier than you might think! Let’s take a closer look at the benefits of making the switch: Get Your Statements Quickly This is particularly true for the financial industry, specifically with paper statements and bills. Organizations and individuals alike are recognizing the efficiencies and benefits of switching to digital from paper products for both us and the environment. Paper has been at the center of our world - but the need is lessening by the day. ![]()
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