Alright, so I’ve been kind of a slacker on the blog posts (O.K. a big slacker but there’s stuff to do). However, I was motivated to comment on our current promotion encouraging members to sign up for E-Statements.
The deal is that all members that are signed up for E-Statements by the end of Member Appreciation Week (July 18th -22nd) will be eligible for a Grand Prize drawing of $500 (existing E-Statement users are automatically entered). Our intent is to do the same thing again next year; who knows we may do it every year if it creates interest.
Now, I know $500 is a lot of money to be giving away in an E-Statement promotion but it is clearly worth it. E-Statements are the slickest deal going and not enough members use this cool service. Here is how it works: on the last business day of the month, we run numerous month end jobs, one of which is to create and upload E-Statements to E-Branch, our website (have you picked up on the E-.business yet?). This means that your statement information is available to you about 1 hour after we close our books for the month. This is usually by 7 or so in the evening; paper statements take 4-5 days to arrive in mailboxes. There are several other great features with E-Statements: there is an on-line archive of prior month statements available at the click of a mouse and you can view, print or save the statements to another location if you want. It’s all as simple as logging on the E-Branch and clicking the E-Statements icon.
Now about the money. We want all our members to use E-Statements because it is such an improvement in service over paper statements. There is another reason however – your credit union saves a pile of money when you use E-Statements. The cost of generating and mailing thousands of paper statements every month is way more than you can imagine – we generate E-Statements for free. That’s why we have no problem handing out $500 in a promotion. But forget about the money, sign up for E-Statements because you will love them and you won’t get the paper in the mail anymore.
How to do it? Log on to www.northshorefcu.org and click on the E-Statement icon or tab. You’ll read a brief disclosure, click yes and you are done. Couldn’t be easier and you just might win some greenbacks.
Mark
