Why is Shredding Your Documents Important?

5/9/2022 Marine Bank

Keeping good personal records is helpful to many life situations.  If you don’t shred your documents before getting rid of them, identity thieves can rummage through your bins and find personal details to sign up for things such as credit cards, passports, etc. 

With the risk of identity theft and fraud becoming more and more prevalent, Marine Bank is proud to offer our community a way to properly dispose of personal documents.  Our shred events accept all types of sensitive documentation, including old tax returns, bank and credit card statements, medical records, etc. Be sure to follow us for our upcoming shred events throughout the year.

Document shredding isn’t just a great way to boost security, it also offers crucial environmental sustainability.

Did you know according to the EPA (United States Environmental Protection Agency), 25% of our landfill waste is paper?  The amount of paper ending up in our landfills reduces the amount of space available for true garbage that cannot be recycled. Paper takes quite some time to break down compared to other organic matter such as food scraps, leaves, etc.  It can take five to fifteen years to breakdown.

For each ton of recycled paper, 17 trees, 4,000 kilowatts of energy, 380 gallons of oil and 7,000 gallons of water are conserved. At our most recent Shred Day event in Springfield, we collected over 13,000 pounds of shred. That’s about 6 and a half tons which equals to around 102 trees saved!  If you can’t make it to a shred event, check with the city’s sanitation department to see how you can start recycling paper.

Going green is easier than you thought at Marine Bank! E-Statements are a great way to keep track of your finances while still being eco-friendly.  When you receive e-statements instead of paper statements, your information is delivered directly to your online banking account.  You can download the statements to your computer or flash drive for long term retention. Also, e-statements don’t cost you a cent versus paper-statements which vary in cost depending on your type of account.

Documents you should be shredding:

  • Tax returns
  • Photo IDs
  • Bank statements
  • Voided checks
  • Employee pay stubs
  • Credit card information
  • Copies of sales receipts
  • Documents containing sensitive information such as name, address, phone number or email
  • Employment records