The Benefits of Electronic Statements

young girl using laptop, online banking, electronic statements, e-Statements

During a time when the world is becoming more and more concerned with going green to preserve the planet, one thing you may want to consider going digital for is your credit card and bank statements, bills, as well as other important financial documents. Paper statements may still be a better choice for some, but you will need to decide which method is best for you.

Paper Statements

Although receiving paper bills is becoming outdated, having the physical statement can help you remember to pay your bill. You can keep it in a place that reminds you to pay it, such as on the refrigerator, as well as have the ability write on it to notate any questionable charges or fees until they are resolved. Electronic bills can be set for email reminders, but even those of us who are technologically advanced can overlook emails or accidentally delete them. However, there are ways to organize your devices to make sure that your information is stored all in one place. You can use your email provider’s tutorials to help you set up your preferences.

Digital Statements

If your credit union, credit card issuer, or other financial institution has the option to access your statements digitally instead of waiting for them to arrive in the mail, it may be time to consider the benefits of receiving digital statements.

Digital statements are the digital or electronic versions of your regular monthly or quarterly account statements. They typically look the same as your paper statements but offer the convenience of digital access whenever you need to view them. Here are a few reasons why they’re a good choice instead of paper statements:

Benefits of Digital

In addition to helping the planet, keeping everything digital can help you as well:

  • You can declutter your house or office with less filing (and save time too)
  • You can easily view your documents and bills with everything accessible and organized
  • You will receive your digital statement faster than if it was mailed to you
  • You can reduce your risk of fraud by preventing the interception of your information

Even though you may want to do your part to preserve the planet, carefully consider whether e-Statements are best for you. Regardless of your decision, it’s important to ensure that your finances remain intact.

Sign up for Robins Financial’s e-Statements

Enrolling in Digital Banking is free and takes only a few minutes to set up. Robins Financial Credit Union members can access their e-Statements within Digital Banking under Products and Services. Members can click the “e-Statements” tab to agree to begin receiving electronic statements. An email will be sent each time a new e-Statement is ready for viewing in Digital Banking. Need help signing up? Visit a branch or call us at 800-241-2405.

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