The $116 million North Shore Federal Credit Union in GrandMarais, Minn., said it is saving about $900 a month since itswitched on the new e-statement module from its online bankingvendor, AgilityFour of Dandridge, Tenn.

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The solution pulls the information from the core system,bypassing the need for third-party providers, the company said.“We've already recouped the cost of the module in four months,”said Mark Summers, president of the 8,100-member NorthShore FCU.

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North Shore is one of 16 users of the startup's AgilityWebonline banking solution. Members who haven't signed up fore-statements see a list of available statements on their screen,which encourages them to sign up for the automated service, thecompany said.

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AgilityFour said it has been averaging one new home bankingclient a month since April 2010. All its clients so far use theSymitar Cruise core processing platform.

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In addition to North Shore FCU, other clients that have addedthe new e-statement module are the $72 million Trademark FCU inPortland, Maine; the $106 million Roanoke Postal Employees' FCU in Roanoke, Va.; the $21 millionConnecticut Community CU in Pawcatuck, Conn.; the $16 millionGreatMeadow FCU in Comstock, N.Y.; the $33 million Limestone FCU inManistique, Mich., and the $20 million Dynamic FCU in Celina, Ohio.

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