Environment
Mitigating risks and empowering customers
We believe that by reducing the environmental impact of our operations, we create long-term value for our constituents and align our values with those of our customers and employees.
We work to continually mitigate environmental risks to our business and our communities while empowering customers to bank the way they want and giving employees the tools to collaborate and connect remotely.
We have established a Board-approved Environmental Risk Policy and Program to manage overall environmental risks in our credit and lending activity in alignment with safety and soundness principles. This policy is consistent with regulatory guidance.
Highlights from our latest environmental impact:
million digital banking logins
pounds of paper securely shredded and recycled
million pages of paper saved by encouraging paperless statements
REDUCING WASTE THROUGH DIGITAL ADOPTION
In 2023, total digital banking logins grew to 22.6 million, a 17% increase over 2022. Over 51% of our consumer and 49% of our business customers are digitally active, with most of our commercial clients using our treasury services within online banking. We issued paperless statements to 59% of our consumer deposit accounts and 58% of our business deposit accounts, which translates to about 3 million pages of paper saved each year.
Our secure, easy-to-use online application platforms, MortgageTouch® and BusinessTouch™, allow customers and employees to upload documents electronically, reducing paper use. In 2023, 34% of funded residential loans originated using MortgageTouch®, and we opened nearly 1,000 customer accounts online.
Our secure document imaging platform, which we adopted in 2011, currently houses 180 million pages digitally, reducing the need for paper printing and storage.