Answers about Bank Accounts
Is the bank required to send me a monthly statement on my checking or savings account?
National banks are only required to provide periodic statements to you if electronic fund transfers (EFTs) can be made to or from your checking account, savings account, or money market/NOW account.
In that case, the bank should send a periodic statement for each monthly cycle in which an electronic fund transfer has occurred. If no recent electronic fund transfers have occurred, the bank should send a periodic statement at least quarterly.