Better Business Bureau® of Minnesota and North Dakota (BBB) and Think Mutual Bank, along with Shred-it, will offer free shred events at three Think Mutual Bank locations throughout the Twin Cities, and four more in Rochester. These events, part of “Thinktoberfest,” will take place from 9:00 a.m. to 4 p.m. on Friday, October 13. There will be food and entertainment at these events.
Area residents and small business owners are invited to utilize this valuable service. These free fraud prevention events help cut down on the risk of identity theft by disposing of outdated, unnecessary or sensitive financial documents safely and securely. There is also a charity component during Thinktoberfest; for any new THINK Mutual Bank checking account opened, money will be donated to local charities.
"We're excited to invite area residents to our Thinktoberfest event to have fun, learn more about how we are a different kind of bank, and even safely dispose of some sensitive papers," said Chris Barnick, VP of Consumer Banking.
According to the FTC’s Annual Summary of Consumer Complaints, identity theft was the third most-reported consumer issue in 2016. However, there was a jump in consumers reporting their stolen data was used for credit card fraud. This figure rose from nearly 16 percent in 2015 to more than 32 percent in 2016.
Shred-it will be collecting paper documents for safe and secure disposal. BBB staffers will also be on hand to provide information to participants on how to secure personal information and avoid fraud. Event attendees and small business owners are invited to bring up to three boxes of documents for free shredding at the following Think Mutual Bank locations:
The FTC recommends shredding items such as receipts, credit offers, credit applications, insurance forms, physician statements, checks, bank statements, and similar documents when you no longer need them.
BBB and Think Mutual Bank staffers will be available to assist with the collection of materials gathered for disposal.
“We’re excited to partner with Think Mutual Bank to bring this helpful service to both the Twin Cities and Rochester,” said Susan Adams Loyd, President and CEO of BBB of Minnesota and North Dakota. “Whether you’re a consumer or a small business owner, everyone benefits.”