In a new report examining how well banks are shifting their customers to online-only statements, Forrester Research found in surveys that these efforts are bearing fruit. Not only are a majority of checking, savings and cardholder account users receiving online statements, many younger customers are managing their finances without the need for any kind of statement.

Forrester found that the number of consumers who now receive online statements (either alone or in combination with a mailed paper statement) is now between 55 and 58 percent for cards and DDAs. Consumers receiving electronic mortgage statements have topped 39 percent, according to Forrester.

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