Postal Service cuts will affect delivery of Credit Union statements

The U. S. Postal Service has announced that it wants to move quickly to close 252 of its nearly 500 mail processing centers and slow first-class delivery next Spring, meaning that "snail" mail will likely become less timely.
 
The estimated $3 billion in reductions are part efforts by the Postal Service to quickly cuts costs

  
People need to be aware of the changes because the reality is, mail is not going to be delivered in same way we've been accustomed to.  For example, in the past, an item sent priority mail would arrive at its destination within two to three business days.  Now it could take up to five days.
  
About 42% of first-class mail is now delivered the following day, according to Huffington Post. About 27% arrives in two days, about 31% in three days and less than 1 % in four days to five days. Following the changes next Spring, about 51% of all first-class mail is expected to arrive in two days, with most of the remainder delivered in three days.
 
You will probably see a later delivery of your account statements, overdraft notices and other mail in the Spring of 2012. 

 
To receive your statement the first business day of the month, consider signing up for e-statements.  e-statements make it easier for you to reconcile your account, are accessible for 18 months, and look just like a paper statement.