Estatements: Safer than paper statements
Cyber thieves are everywhere these days lurking on the Internet looking to steal your identity. Or that’s what it seems like. With cyber theft on everyone’s minds, it’s not hard to see why you might hesitate before you sign up for estatements. Aren’t paper statements safer?
Actually, no.
Your identity’s in the mail
It turns out your greatest exposure for identity theft is at your mailbox. A study of Secret Service cases that included components of identity theft and identity fraud showed the top two methods preferred by thieves were re-routing of mail and mail theft.
When you weigh it all out, you’re better off with electronically delivered statements than a paper copy that could end up in the wrong hands.
- Paper statements can be stolen, they have to be stored securely, and when you want to get rid of them, you have to shred or destroy them, and that’s a lot of paper in the landfill.
- Estatements are password protected and can’t be seen by anyone who doesn’t have access to your accounts.
- Estatements can be archived for up to two years.
- The best part: They’re digital. When you don’t need them anymore, there’s no shredding and no landfill, so they’re better for the environment, too.
Get estatements today
Sign-up for Online Account Access. Then log in to your accounts, select estatements from the top menu and complete the estatement registration. You won’t receive paper statements, newsletters or notices in the mail. It will all be delivered by email.
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For help completing the enrollment process, call 800-732-0173.
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