Common use of Electronic Statement Clause in Contracts

Electronic Statement. The Credit Union has the capability of capturing your periodic statement electronically (e-statement) and posting it in a secure manner so that you may retrieve it at your convenience. You have the right to have your statement provided on paper or receive it electronically. If you elect to have your statement presented electronically, we may also send, from time to time, other notices such as the Fee Schedule and promotional material in the same manner. The Credit Union will provide you error-resolution information with each periodic statement. − We will consider your request for e-statements to be your agreement that the Credit Union will post your statement in a secure location and notify you via e-mail that your statement is ready for pickup. We will stop sending paper statements on this account unless you notify us that you no longer wish to receive e-statements. − We must hear from you at least five (5) business days before the end of a statement period, which is either the last business day of the month or last day of business for the quarter to switch from e- statement back to paper statements. − Supplemental paper statement: If you need to get a paper copy of your statement, you may do so by calling the Credit Union. See the Credit Union’s Fee Schedule for applicable charges.