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eStatements at NexTier Bank

Paperless monthly statements delivered to online banking and notified by email. PDF archive retained inside the portal for seven years. Tax documents including 1099-INT and 1098 mortgage interest posted by January 31 each year. ESIGN Act compliant. Opt-in and opt-out available at any time.

Enroll from online banking Documents & Statements page or from the mobile app settings. Some account types waive the monthly paper statement fee once eStatements is active.

Service Brief

Exactly what eStatements at NexTier Bank deliver and how they are governed.

Monthly eStatements

Monthly statements for every enrolled account generate on the statement cycle close date — typically same day as paper would mail. An email notifies the accountholder; the PDF is downloadable from online banking immediately. Statement format mirrors the paper equivalent: summary, detail activity, fees, and disclosures.

Tax Documents

1099-INT for interest-bearing accounts with $10+ interest in the reporting year. 1098 for mortgage interest paid. 1099-R for retirement account distributions where applicable. Corrected 1099 forms when needed. All posted by January 31 each year with an email notification; accompanied by a downloadable PDF.

7-Year Retention

Every eStatement and every tax document is archived inside online banking for seven years minimum — matching the IRS record-retention guideline for personal banking records. Businesses with longer statutory needs can export to their own document management.

ESIGN Compliance

Electronic statement delivery operates under the federal Electronic Signatures in Global and National Commerce Act of 2000. At enrollment the accountholder reviews and consents to the ESIGN disclosure. Consent can be revoked at any time to revert to paper; revocation is effective for the next cycle.

Data Retention Snapshot

Documents, retention periods and delivery formats.

DocumentRetentionDeliveryFormat
Monthly Account Statement7 yearsEmail + in-portal downloadPDF
1099-INT7 yearsEmail + in-portal download, by Jan 31PDF
1098 Mortgage Interest7 yearsEmail + in-portal download, by Jan 31PDF
1099-R Retirement Distribution7 yearsEmail + in-portal download, by Jan 31PDF
Account Agreements & DisclosuresLife of account + 5 yearsIn-portal downloadPDF

Compliance Snapshot

Delivery governance, opt-in/opt-out rights and legal equivalence.

Opt-in & Opt-out

Opt-in from Documents & Statements: review the ESIGN disclosure, confirm, and the next statement arrives electronically. Opt-out from the same page: confirm reversion to paper; the next cycle ships by mail. No fee to switch in either direction. Account-level control means households can mix eStatements and paper across accounts as preferred.

For accountholders who have difficulty accessing online banking, branch staff in Butler, Kittanning, Saxonburg and other branches can complete enrollment or reversion in person.

Legal Equivalence

Under the federal Electronic Signatures in Global and National Commerce Act of 2000 and the Pennsylvania Uniform Electronic Transactions Act, electronic records and signatures carry the same legal weight as paper for most consumer transactions. Tax documents delivered electronically are fully acceptable to the Internal Revenue Service; see general guidance at irs.gov.

Consumer rights to revoke ESIGN consent are preserved under federal law. Revocation reverts delivery to paper for the next cycle.

Experience Profile

How households and small businesses use eStatements at NexTier Bank.

Tax Season

January 31 arrives: 1099-INT is in online banking. Two clicks to download and drop into the tax folder. No waiting on the mail. The year-prior statement archive is one click away if the CPA asks for a comparison.

Mortgage Refinance

A mortgage underwriter asks for twelve months of checking statements as part of a refinance. All twelve are already PDF, named by month, one-click downloadable. The package is in the underwriter's hands within twenty minutes.

Business Month-End

A small business exports the monthly statement PDF plus the transaction CSV to QuickBooks. Reconciles automatically against the booked activity. Statement archived in the business document management for the record-retention period required by their external auditor.

Related Services

Online BankingeStatements live in the portal Mobile BankingeStatements in the mobile app Account AlertsStatement-ready notification Bill PayPayment history reconciles with statements Wire TransfersWire activity on statement detail SecurityStatement delivery encryption NexTier Bank Online BankingFull platform overview Help CentreeStatement enrollment guide

Frequently Asked Questions

How do I enroll in eStatements?
Sign in to online banking, open Documents & Statements, select Switch to eStatements. Brief ESIGN consent; next statement arrives electronically. Per-account enrollment.
How long are eStatements archived?
7 years. Matches IRS retention guideline. Tax docs also 7 years. Export to external document management any time.
What tax documents are delivered?
1099-INT, 1098 mortgage interest, 1099-R where applicable, corrected 1099 forms as needed. Posted by Jan 31 each year with email notification.
Can I switch back to paper statements?
Yes, any time. Opt out from Documents & Statements or call 1-800-262-8215. Effective next cycle. Monthly paper fee may apply on some account types.
Are eStatements legally equivalent to paper?
Yes, under the federal ESIGN Act of 2000 and PA Uniform Electronic Transactions Act. Consumers can revoke ESIGN consent any time to revert to paper.

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