Major Benefits Substantial cost savings over paper statements. Your savings can easily pay for your home banking services. Since most credit union's spool the statement file on the last day of the month or first day of the new month, members can have statements well before the others. Easier for members to store and manage. Members can easily retain statements for years on their PC's and print them whenever they need them.
Electronic statements are environmentally friendly.
More consistent with the expectations of members who are signed up for home banking. Results in fewer requests for past statements from the credit union.