Go green with VaultStreet by eliminating the need for paper documents
Think about this: If all U.S. households stored, tracked, and viewed their statements, bills, and checks online, each year this would:
- Save 2.3 million tons of wood, or 16.5 million trees
- Reduce fuel consumption by 26 million BTUs (enough energy to provide residential power to San Francisco for a year)
- Reduce CO2 emissions by 4.6 million tons a year
VaultStreet helps consumers reduce their reliance on paper records by collecting
documents from many sources into a secure, always-on online repository, which
allows you to safely store, organize and share documents - green, paperless
documents - with your trusted advisors. In fact, a VaultStreet study based on
data from the Environmental Defense Fund indicates that consumers who use VaultStreet
to end their dependence on paper financial documents can, on average, reduce
their carbon footprint by up to four percent a year.
VaultStreet is the first program to put you in control of your electronic documents,
allowing paperless documents to remain paperless. Because Federal government
statistics show that U.S. households send or receive around 36 billion paper
bills, statements, and checks each year, it's never been more important to make
the switch to environmentally-responsible, paperless financial document management.
Chances are your banks, brokerages and mutual funds already offer access to
paperless statements - more than 44 percent of institutions do. VaultStreet
gives you a secure, accessible site to store those paperless documents.
And, with VaultStreet's secure, online record keeping, members can connect their trusted network of advisors - accountant, tax preparer, financial planner, bookkeeper or family office manager - giving advisors access as needed to encrypted documents stored in member accounts. It's environmentally sound and secure. Without the need for paper documents, you can simplify your record keeping, share documents at will, and because your documents are paperless, you'll be doing the environment, your advisors and yourself a favor.
VaultStreet:
- Limits paper, reduces risk of ID theft and helps you go green.
- Verifies that the source of a particular communication is from your approved financial institutions (limits phishing risk)
- Ensures privacy when you forward tax records or financial documents to trusted third parties, such as financial planners, accountants and tax preparers
- Stores encrypted financial documents securely, with round-the clock online access
- Reduces vulnerability – if your firewall is breached, your financial documents are still secure
We take your financial security seriously. For even more detail, read our Privacy Policy.
