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Better Business Bureau hosts ‘Community Shred Day’ April 5 at MembersAlliance Credit Union

April 4, 2014
Shred

Online Staff Report

The Rockford branch of the Better Business Bureau invites consumers and businesses to protect their identities by shredding unwanted personal, financial or confidential documents for free at the Community Shred Day.

The event will be held from 9 a.m.- noon Saturday, April 5 at MembersAlliance Credit Union, 2550 S. Alpine Road in Rockford.

Onsite shredding services will be provided by Paper Recovery Service Corporation of Loves Park. Consumers may bring a maximum of 2 boxes per car for shedding.

For access to the shredding enter off of S. Alpine into the shopping center and drive south to the credit unions drive-up area.

The Community Shred Day is one way that the Better Business Bureau and its Accredited Businesses MembersAlliance and Paper Recovery can help Rockford area residents prevent identity theft.

Following are some suggestions for deciding what to shred and what to keep:

  • A good rule of thumb is to keep all tax returns and supporting documentation for seven years. The IRS has three years from your tax-filing date to audit, and has six years to challenge a claim.
  • Keep credit card statements for seven years if tax related expenses are documented.
  • Keep paycheck stubs for one year. Be sure to cross reference the paycheck stub to the W-2 form.
  • Be sure to keep bank statements and canceled checks for at least one year.
  • Bills should be kept for one year or until the canceled check has been returned. Receipts for large ticket items should be kept for insurance purposes.
  • Home improvement receipts should be kept for six years or permanently.
  • Items such as birth certificates, social security cards, insurance policies, titles or wills should be kept permanently in a safety deposit box.
  • If you are going to dispose of documents with sensitive information, be sure to SHRED!

More information about Community Shred Day contact the BBB at (815) 963-2222 and bbb.org.

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