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Important Notice for Members Who Receive Paper Statements: Paper Statement Fee

Due to the increasing cost of providing paper statements, ABCO Federal Credit Union has found it necessary to implement a paper statement fee of $1/statement beginning October 1, 2014. The price of postage, paper, printing and processing paper statements adds up to be a significant annual expense.
 
Remember that credit unions are not-for-profit financial cooperatives and, as a member, you are part owner of the credit union. Saving money allows us to return more money to members in the form of more services and more competitive rates.
 
To avoid paying the paper statement fee, we encourage you to consider moving from a paper-based option to e-statements. E-statements provide the same information as paper statements and are securely available through online banking. Enrolling in e-statements will allow you to
access up to 18 months of statements 24 hours a day/7 days a week.
 
You can sign up for e-statements by visiting goabco.org/onlinebanking. Once you are registered for online banking, simply click on the e-statements tab which will walk you through the short enrollment process. We are here to help! Contact Member Care at 1-800-225-1859.
 
Note: Members under 18 and over 64 years of age will not incur the fee.

 

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