What are the benefits of eStatements?
Time savings, fraud reduction and security. With an eStatement, you can view secured account information online without having to wait for a statement to arrive in the mail. Statements can be accessed anywhere, anytime through your online account. Your financial records are maintained in a secure environment for you to access through FirstFedOnlinesm 128-encrypted password protection. You will no longer have to worry about financial statements getting lost or intercepted in the mail.
eStatements are generally available within 24 hours from the time of processing. In comparison, paper statements that need to be printed, stuffed into envelopes, sealed, metered and mailed can take up to two weeks to be received. In addition, eStatements help cut down on paper clutter. And because eStatements are not delivered by postal mail, the possibility of your statement ending up in the wrong person’s hands is eliminated.