At Homeland Credit Union, we’re committed to offering services that are not only convenient and secure but also environmentally responsible. As part of this commitment, starting March 1, 2025, we will introduce a $3 fee for mailed paper statements. This change aligns with our goal to encourage the use of e-statements, a smarter and more sustainable option for managing your financial information.
Here’s what you need to know about the new fee and why switching to e-statements is the better choice for you:
Why We’re Making This Change
Printing, mailing, and processing paper statements comes with environmental and financial costs. By transitioning more members to e-statements, we can:
- 🌍 Reduce Paper Waste: Contribute to a greener planet by saving trees and minimizing landfill waste.
- 💸 Cut Costs: Lower administrative costs, which helps us allocate resources toward improving your banking experience.
- 🔒 Enhance Security: Minimize the risk of sensitive financial information being compromised in the mail.
The Benefits of E-Statements
Switching to e-statements isn’t just good for the environment—it’s also a better way to manage your finances:
- No Additional Fees: E-statements are completely free.
- 24/7 Access: View, download, and print your statements anytime from your online banking or mobile app.
- Extended History: Enjoy access to 24 months of statement history, helping you stay organized and track your financial progress.
- Secure Delivery: Your statements are delivered digitally within your secure online banking account, reducing the risk of identity theft.
- Faster Access: E-statements arrive quicker than paper statements, so you’ll never miss important information.
How to Enroll in E-Statements
Enrolling in e-statements is quick and easy:
- Log in to Online Banking: Login to Online Banking via the web browser, click regular shares, and statements. You will use this menu to opt-in to e-statements.
- Choose E-Statements: Follow the prompts to opt-in.
- Enjoy Convenience: Once enrolled, you’ll receive email notifications when your statements are ready.
If you need assistance, our friendly team is here to help! Stop by a branch or contact us at 740-775-3331 for step-by-step support.
Frequently Asked Questions
Q: Will I still be able to request paper statements if I need them?
Yes, you can still request individual paper statements for specific needs, but the $3 fee will apply per mailed statement starting March 1, 2025.
Q: What happens if I don’t switch to e-statements?
If you choose to continue receiving mailed paper statements, the $3 monthly fee will automatically be applied to your account starting in March 2025.
Q: Are e-statements secure?
Absolutely! E-statements are stored securely in your online banking account, where only you can access them using your login credentials.
Q: Does this apply to all members?
Members under the age of 18 and members 60 years of age and older (Heritage accounts) are exempt from the $3 monthly printed statement fee.
Make the Switch Today
Switching to e-statements is a simple step toward modern, efficient, and environmentally conscious banking. Not only will you save on fees, but you’ll also enjoy enhanced access to your financial information—all at no additional cost.
Ready to enroll? Log in to your online banking account today or visit us at homelandcu.com to learn more.
Thank you for choosing Homeland Credit Union. Together, we can make banking better—for you and the environment.
