Hi everyone. I’m Sarah Cutbush, General Manager Marketing and Development at Savings & Loans. Among other things, I’m responsible for the credit union’s environmental initiatives and marketing material, including statements.
I’m really pleased that after a lot of internal testing, Savings & Loans will be introducing electronic statements (“e-statements” for short) for our members from tomorrow. This is going to be a big help in reducing our impact on the environment and making it easier for our members to take care of their accounts.
Over the past 12 months, we used more than 3.5 million pieces of paper to print our statements – that’s a huge amount no matter how you look at it. This is without a doubt our biggest use of paper. If as many of our members as possible access their statements online, we can put a big dent in the amount of paper we consume.
You’ll be able to sign up for electronic statements through a secure service in Internet Banking. Then, every month (or every quarter, depending on what sort of accounts you have) we’ll send you an email letting you know that a new statement is available. You then log on to Internet Banking to view or download and save your statement.
Statements will display in PDF format, meaning you can save them to your computer, search through them and back them up regularly. You’ll also be able to print your statement in case you need to provide it for a loan application, or anything similar.
Of course, all of your electronic statements will be saved on our system in case anything happens to your home computer.
There’s a lot more information in the Internet Banking user guide on the Savings & Loans website.
To celebrate the launch of electronic statements, we’re partnering with Conservation Volunteers Australia to plant 5,000 native trees on South Australia’s Hindmarsh Island. Staff will be heading down there in the next couple of weeks to get the project started and we’ll be sure to update you with some photos!