Electronic Reconciliation

Westfield Bank has a long tradition of embracing technology, and we are bringing the latest useful banking technologies right to your door. Our E-Statements provide you with electronic reconciliation and 14 months of archived statements, available instantly online.

After signing up for Westfield Bank's E-Statement Service, you qualify to receive electronic reconciliation statements each month. These electronic statements will help you compare your records to the bank's records. At Westfield Bank we understand the importance of reconciliation at least every month so that you know what's happening with your accounts.

Bank reconciliation involves comparing your record of transactions and balances to the bank's record of transactions and balances. Some items, such as outstanding checks, won't show up on your bank statement because Westfield Bank doesn't know about them yet. Likewise, there may have been electronic transfers at the bank of which you are unaware.

At Westfield Bank your E-Statement will provide you with a full reconciliation for the entire month. This reconciliation will include all deposits, withdrawals, fees/surcharges, purchases and credits on each of your accounts.