Jul 16 2012
Did you know that if you switched to electronic billing, statements and payments your household would save 6 pounds of paper, 23 pounds of wood and prevent producing 29 pounds of greenhouse gases? Saving this amount of greenhouse gas is the equivalent of not driving 30 miles, not consuming 2 gallons of gasoline, and planting 0.4 tree seedlings and allowing them to grow for 10 years!
Going Green is one of our initiatives at Webster, and we’re giving away $1,000 of our green to 12 people for 12 weeks for a total of $12,000! Just sign up to get paperless statements, and if you already have, you’re automatically entered to win. For contest details please visit this link.
Making the switch can save you time, money and increase your security. Here are some of the most common questions we hear:
Is online banking safe?
Yes. It’s actually safer to do your banking online and get your statements electronically than having your banking information available on paper and sitting in your mailbox. You will get your e-statement faster, and you can help safeguard yourself against mailbox identity theft.
Don’t you need paper statements for tax purposes or to apply for loan?
We store your statements for 18 months in your online account. You have access to view or print these statements 24/7. Storing your files electronically will help decrease the paper trail with your banking information.
You will still want to keep all of your bank statements in case you need them; the only change is that you will store them electronically. A general recommendation is to keep your bank records for a period of 7 years, password-protect your confidential files and back up your files regularly.
If I don’t get a paper statement, how will I keep track of my account?
We’ve invested in technology so you can access your accounts how and when you need them, whether it’s by phone, computer, or in person. You’ll receive email alerts when your statement is ready and you can set up account alerts to text your balance. Another bonus with paperless statements is that they are available sooner than paper. Take back your free time by not having to file or shred all that paper!
We’re Here for You!
Banking at Webster is all about relationships and convenience. If you have any questions about going paperless, please post them in the comments and we will answer. Don’t forget to sign up to go paperless today. The sooner you’re entered, the more chances you have to win $1,000! Please visit: www.websteronline.com/gopaperless for official rules and details.