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The Benefits of Enrolling in E-Statements at BankSouth

Apr 18, 2024 Fraud Prevention , Personal
bank customer signing up for online bank statements or e-statments

In today’s digital age, convenience, security, and sustainability are paramount considerations for consumers seeking banking solutions that align with their modern lifestyles and values.

E-Statements, also known as electronic statements or online statements, have emerged as a popular alternative to traditional paper statements. E-Statements offer many benefits to BankSouth customers. Let’s delve into the advantages of E-Statements and why they’re a smart choice for the modern banking age.

Convenience and Accessibility

One of the primary benefits of E-Statements is the convenience they offer to our customers. With E-Statements, you can access your account statements anytime, anywhere, from any device with internet access. Whether you’re at home, at work, or on the go, you can easily view and share your statements with just a few steps.

Say goodbye to the hassle of waiting for paper statements to arrive in the mail or visiting the bank to request copies of past statements. With E-Statements, your financial information is always at your fingertips, providing unparalleled convenience and accessibility, right in your online banking portal.

Enhanced Security

In addition to convenience, E-Statements offer enhanced security features that help protect your sensitive financial information. Unlike paper statements that can be lost, stolen, or intercepted in the mail, E-Statements are delivered electronically through secure channels, reducing the risk of unauthorized access and identity theft. Advanced encryption technologies and secure login processes ensure that your E-Statements remain private and confidential, giving you peace of mind knowing that your financial data is safeguarded against potential threats.

Environmental Sustainability

Another compelling reason to switch to E-Statements is their positive impact on the environment. By opting for electronic delivery of your statements, you can significantly reduce paper consumption, minimize waste, and lower your carbon footprint for your local community.

How Does Switching to E-Statements Impact the Environment?

According to a 2008 study commissioned by the PayItGreen™ Alliance, if one in five households switched to online billing, statements, and payments, the collective impact would be:

  • 151 million pounds of paper saved
  • Avoid filling 8.6 million household garbage bags with waste
  • Not produce 2 million tons of greenhouse gas emissions

Simply put, if one of five households switched to digital bills, payments, and statements, that would save enough gasoline to drive from New York to Los Angeles and back 918 times and preserve more than 12,000 acres of land from deforestation, according to the PayItGreen™ Alliance.

By embracing E-Statements, you’re not only simplifying your banking experience but also contributing to environmental sustainability and helping preserve the planet for future generations. This not only has a global impact, but a great impact on your local community carbon footprint as well.

Cost Savings

Beyond the environmental benefits, E-Statements can also lead to cost savings for customers. By eliminating the need for paper, printing, and postage, customers can reduce fees that are charged to them that are associated with producing and mailing paper statements to them. Customers can save money on postage fees and check printing costs by opting for electronic delivery of their statements.

Streamlined Record-Keeping

With E-Statements, managing your financial records has never been easier. Electronic statements are typically archived and accessible online for an extended period, allowing you to access past statements whenever you need them. Whether you’re tracking your spending, preparing your taxes, or applying for a loan, having access to electronic copies of your statements can streamline the record-keeping process and simplify financial management tasks.

How to Enroll in BankSouth E-Statements

Enrolling in E-Statements is quick and easy. Simply log in to your online banking account, navigate to the Statements and Notices section, and follow the prompts to enroll. Once enrolled, you’ll receive an email notification whenever a new statement is available for viewing. You can then log in to your online banking portal to access, download, or share your E-Statements at your convenience.

Here is a Quick Video Tutorial of How to Enroll in BankSouth E-Statements

If you aren’t already signed up for E-Statements, enroll now in online banking!

By making the switch to E-Statements, you can enjoy a more efficient and environmentally friendly banking experience while also supporting your local community bank’s commitment to innovation and customer satisfaction. Take the first step towards a paperless future and enroll in E-Statements today in online banking!

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