Did you know that paper waste accounts for around 26% of total landfill waste?
Globally, a total of 386 million hectares of forests were lost from 2001 to 2019. Paper production causes not only deforestation, but also uses enormous amounts of energy and water, and contributes to air pollution.
The statistics are scary, but a simple step you can take to reduce your paper consumption is to make the switch to E-Statements! Instead of mailing your monthly account statement, you will receive an e-mail notification when your statement is available in Virtual Branch Online Banking. Your past statements are also archived in Virtual Branch for your convenience.
E-Statements are better for your account security, too! The United States Postal Service estimates that there are as many as 1.7 million cases of mail theft daily. Getting a paper account statement every month makes you more susceptible to identity theft and fraud.
Log in to Virtual Branch Online Banking and enroll in E-Statements today!
Paper waste statistics source: The World Counts: "Impact through Awareness
(https://www.theworldcounts.com/stories/paper-waste-facts)
Accessed 10/30/2024 - 2024 Copyright TheWorldCounts
Mail theft statistic source:
Ryan McConahay for Union Bank & Trust: "Paper vs Paperless: Unpacking the Myths"
(https://www.ubt.com/learning-center/blogs/paper-vs-paperless-unpacking-myths)
Published 01/09/2023. Accessed 10/30/2024 - Copyright 2024 Union Bank & Trust Company
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