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For many banks and credit unions, switching to another statement processing company feels overwhelming. Between limited staff, packed IT schedules, and strict compliance requirements, the idea of changing statement vendors often gets pushed to the bottom of the priority list.

But what if the process didn’t demand months of internal effort or heavy involvement from your team?

Let’s take a closer look at this misconception and bust the myth that there simply isn’t enough time or resources to make it happen.

The Myth: Switching Statement Printing and Mailing Services Requires Too Much Time and Internal Resources

Financial institutions often assume that changing statement printing and mailing services will:

• Pull IT teams away from critical projects
• Create extra work for operations and compliance who already can’t afford mistakes
• Require extensive data mapping and troubleshooting
• Marketing doesn’t want to rework designs
• Disrupt monthly statement cycles

Does that sound familiar? Many institutions continue working with statement providers that no longer meet their needs, simply because switching feels too risky or even painful.

The Reality: It Takes Far Less Time & Internal Effort Than You’d Expect!

With LKCS, transitioning to a new partner is far simpler than most banks and credit unions expect.

Once the decision to move forward is made, LKCS manages the entire process. From integration to testing, we keep your team’s involvement intentionally minimal.

What LKCS needs from you

• Your logo
• A few basic statement design preferences
• Approval to work directly with your core and online banking vendors

From there, we take the lead.

How LKCS Simplifies Statement Processing Transitions

Unlike many vendors, LKCS has specialized in statement printing services for decades. Years of work have allowed us to streamline transitions and eliminate unnecessary complexity.

Direct vendor coordination

LKCS works directly with your core processor and digital banking providers to handle integrations, data mapping, and setup. Your internal teams don’t have to act as intermediaries or manage technical details.

Minimal internal disruption

Most clients spend their time reviewing proofs and approving designs rather than managing implementations. Your existing statement process stays in place until the new one is fully tested and ready to go live.

Faster timelines

In many cases, transitioning to LKCS can be completed in 8 – 12 weeks, depending on statement complexity and vendor requirements.

Common Questions Banks and Credit Unions Ask Before Switching Statement Processing Companies

How much time will this take from our staff?

Very little. LKCS is structured to reduce the burden on internal teams. Most communication is focused on approvals rather than execution.

Will IT or operations need to be heavily involved?

No. LKCS handles technical coordination and testing directly with your vendors, significantly reducing the workload for your IT and operations teams.

What about compliance and accuracy?

Statement accuracy is critical. LKCS performs comprehensive testing before launch to ensure all data, disclosures, and formatting meet regulatory and operational standards.

Is there a risk of disrupting our statement cycle?

No. Your current statement process remains unchanged until the new process is fully validated and approved.

Why Staying Put Often Costs More Than Switching

Delaying a change in statement processing can quietly create long-term challenges:

• Outdated or inconsistent statement design
• Limited flexibility for marketing messages and inserts
• Frustration for staff managing workarounds
• Missed opportunities to improve member and customer experience

Partnering with a dedicated statement processing company like LKCS allows financial institutions to modernize their statements without adding strain to already stretched teams.

Time to Rethink Switching Statement Companies

Switching statement printing and mailing services doesn’t have to be disruptive or time-consuming. It only seems hard until you have the right guide that can make it a smooth, well-managed process that improves efficiency, branding, and customer communication.

LKCS helps banks and credit unions upgrade their statement processing while respecting the realities of limited time and staffing. Contact us today to start the journey.