eStatements - The Real Reason Why You Should Sign-Up
Posted On: May 14, 2025 by Prevail Bank in: Banking / Money Management
For years, banks and credit unions have encouraged account holders to switch to e-statements by highlighting environmental benefits. While reducing environmental impact is important, it isn’t the game-changer. What truly is the motivating factor? Security!
A single stolen statement can give a fraudster everything they need to drain an account, open new credit lines, or take out loans in someone else’s name!
Fraud Is...Go Paperless with eStatements
Posted On: July 5, 2021 by Prevail Bank in: Digital Banking
When you sign up for eStatements, you get just that! Instead of the paper copy of your monthly statement you receive in the mail, an electronic copy or eStatement is available with your Prevail Bank Online Banking account.
Benefits of eStatements More secure
Paper statements can be stolen from your mailbox or picked right out of your trash. eStatements are a convenient and secure alternative,...