Monthly Bank Statement Template

Who is this template for?

A bank, credit union or other financial institution that prepares statements for its own accounts. For consumer accounts covered by Regulation E, the general rule in section 1005.9(b), subject to exceptions, puts the statement duty on the financial institution: "For an account to or from which electronic fund transfers can be made, a financial institution shall send a periodic statement for each monthly cycle in which an electronic fund transfer has occurred; and shall send a periodic statement at least quarterly if no transfer has occurred."

What must a consumer account statement show?

Regulation E lists, among other items and as applicable: details of each electronic fund transfer; "The number of the account."; "The amount of any fees assessed against the account during the statement period for electronic fund transfers, the right to make transfers, or account maintenance."; "The balance in the account at the beginning and at the close of the statement period."; and "The address and telephone number to be used for inquiries or notice of errors, preceded by "Direct inquiries to" or similar language." It adds: "The address and telephone number provided on an error resolution notice under § 1005.8(b) given on or with the statement satisfies this requirement."