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Make eStatements part of your business’s fraud‑prevention plan

3 min read
Paper statements can expose your business to fraud. Switching to eStatements helps reduce risk and gives you faster access to your transaction history.

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Stopping fraud starts with small steps

Running a business means watching for risk at every turn, from managing vendors to making payments, so it’s always nice when you can find an easy win. Switching from paper statements to eStatements is simple, fast, and helps protect your business from fraud.

The problem (and why it matters to businesses)

A business bank statement is a valuable financial record. It’s also packed with sensitive information like account details, transaction history, and payment activity.

When that information is printed and sent through the mail, it may sit in a mailbox, get misplaced, or end up in the trash without being shredded. In the wrong hands, even a single statement could create problems for your business.

Stolen financial statements are often used to support identity theft and other types of fraud, including unauthorized transactions, fake account openings, and false vendor payments. Criminals often combine information taken from multiple sources to make scams more convincing — and harder to catch.

A simple step with real impact

Switching to eStatements only takes a couple of clicks. It’s one of the easiest steps you can take to reduce the risk of fraud for your business. That’s why we encourage all our business customers to opt in.

With eStatements, you get:

  • Less paper risk. Not having paper statements in the mail reduces the chance of theft, loss, or mishandling.
  • More control. With eStatements, you decide which authorized users can access sensitive account information — no more paper copies being passed around.
  • Faster access. eStatements are typically available sooner than mailed statements, making it easier to reconcile accounts quickly and spot anything unexpected.

Bottom line

Fraud prevention isn’t about making one big decision — it’s about stacking smart defenses. eStatements are easy to implement, help reduce your risk, and make it easier to keep an eye on account activity.

A single fraudulent payment or compromised credential can lead to hours of cleanup, strained vendor relationships, and delayed payroll. Choosing eStatements helps you stay focused on what matters: running your business.

It only takes a few clicks to get started. Go to our online banking platform and select eStatements from the menu to opt in. Or if you’d rather talk it through, our Customer Support team is always happy to help.

Remember: While eStatements help reduce certain risks, customers should continue to monitor their accounts regularly and report any suspicious activity right away.

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