Keeping accurate and up to date records is important to reconcile your finances each month and for end of year taxes. However, those records can come with a pretty lengthy paper trail. Have you ever considered switching to e-statements?
An e-statement is an electronic version of your bank statement that is delivered directly to your email inbox. Instead of waiting for your statement in the mail, you can receive it instantly as soon as it's ready. Plus, you can easily save it to your computer or print it out for your records.
If you're still receiving your account statements in the mail, you might be waiting a bit longer to receive it in your mailbox. The United States Postal Service has recently changed their service agreement terms to take into account longer delivery times to reflect rising fuel costs and post-pandemic labor shortages.
Protect Your Information
We all know that identity theft is becoming more and more common. Printed information, unless properly filed or disposed of, becomes another important piece of personal information that can be compromised.
By switching to e-statements, you can protect yourself from identity theft and fraud. E-statements are more secure than paper statements because they're electronic and password-protected. Plus, they can be accessed online anytime, anywhere. If you're looking for a more secure way to receive your account statements, e-statements might give you more peace of mind.
Paper statements have always been a great means of tracking your spending and making changes to your account as needed. However, it's as easy to lose or misplace them as it is to accumulate large piles of them. You also need to be cautious when it is time to dispose of them to prevent your piles of recyclables from becoming a treasury trove for identity thieves.
E-statements are simply better for you and better for the environment. Switching to electronic statements means you're no longer receiving paper statements in the mail, and that means you're saving trees. In fact, if every American switched to electronic statements, we could save about 1.5 million trees every year!
Track Your Spending
One of the main benefits of using electronic statements is that you can track your spending more easily. With paper statements, you might not be able to tell what was charged to your account last month without having to go through every page. With e-statements, all of your transactions are in one place and are easy to search and reference.
E-statements help you stay accountable for your spending and allow you to make adjustments where necessary. Never miss a beat or a transaction. You can even sign up for email alerts to be notified when a statement is available to view.
Switching is Easy
Making the switch to e-statements is an easy way to take control and improve your financial security, convenience, and environmental consciousness. Are you ready to make the switch? Sign up for e-statements today!
Sync Digital Banking and eStatements come free with our Bank Independent checking and savings accounts. With our Premier, Essential and Basic options you are sure to find the account perfect for your financial needs. Compare accounts on our website to find your custom fit.
Bank Independent will always be your hometown bank, but we like to combine the personal, local service you expect with high-tech tools and enhanced security.