HARRISBURG, Penn.–Pennsylvania State Employees Credit Union has launched a “You Can Make a Difference” tree planting campaign to encourage members to switch from paper to electronic banking statements.
For every 10 member accounts that enroll in the service, PSECU said it will plant one tree. The goal of the campaign, which runs through June 30, is to plant 500 trees.
“PSECU’s paper statements average four pages each; by opting for e-Statements, members can save approximately 48 sheets of paper a year,” said PSECU President and CEO George Rudolph. “Not only does this reduce a lot of unnecessary paper waste, which is good for the environment, but it also saves money – money that the credit union can return to our member-owners through things like competitive rates, low- or no-fee products and services, financial education resources, and top-of-the-line banking technologies. That’s really what our digital-first banking model is all about: Creating efficiencies for our members, providing them with maximum benefits, and allowing them to manage their finances anytime, anywhere.”
PSECU said its members can easily change their account statement preference from paper to e-Statements by logging into their online banking account at psecu.com, clicking “My Money,” then “e-Statements,” and then “Switch.”
Following the “You Can Make a Difference” campaign, the credit union said the number of e-Statement enrollments will be tallied, and the tree planting total will be calculated and announced.
Working with Dept. of Conservation
PSECU said it is working with the Pennsylvania Department of Conservation and Natural Resources (DCNR) to determine the planting location and date. DCNR will recommend several tree varieties to reduce the impact of diseases and pests. The mix will likely include oak, maple, sycamore, redbud, dogwood, and other deciduous trees.
“Of our more than 450,000 members, approximately 120,267 still receive monthly paper statements,” added Rudolph. “We hope that these members will consider making the switch to e-Statements and help us plant trees to support the beauty and well-being of our community in doing so.”