E-statements are quickly becoming a must-have capability for leading
credit unions. In one year, the number of credit unions responding
to a Callahan & Associates survey that indicate they provide
e-statements has more than doubled, growing from 19% to 45%.
Credit union adoption of e-statements is expected to continue its
rise in 2003, as nearly 80% of credit unions responding to the same
survey said they either currently offer e-statements or plan to
launch them by the end of this year.