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June 30, 2016

Records Shredding Services for Financial Institutions

Privacy is of the utmost importance when it comes to the information handled by financial institutions. Properly securing and then destroying financial records for customers and employees is not only a good business practice but in many states, it is required by law. Document shredding can also be an added cost—both financially and in man hours—that many smaller companies can’t afford. Find out why dedicated financial records shredding services for financial institutions can make protecting your clients’ personal records both affordable and easy.

Services for Large Financial Institutions

Even in the digital age, financial institutions often deal with a tremendous amount of paper records. Over time, these records can build up to a level where shredding them becomes an overwhelming task that wastes man hours that would be better served elsewhere in the institution.

When a financial institution employs a financial record shredding service, destroying old documents becomes very simple. Many shredding services offer onsite bulk shredding services for your convenience. A specialized truck will come to your business and take care of all the shredding for you so that you and your employees don’t have to take time away from work. Also, since these financial records shredding services possess professional experience, you can be sure that the documents will be completely destroyed, eliminating any risk of an information leak.

Services for Small Institutions

It’s not just large financial institutions that benefit from financial records shredding services. Small community financial institutions—such as credit unions—are also concerned with their customer’s privacy and are generally required by law to properly destroy financial records in the same way as their larger counterparts. Many financial records shredding services can help small or home businesses by providing either convenient drop-off locations at which to deliver their private financial documents or scheduled pickups—one time or continuing—so that no time has to be wasted transporting the documents to a shredding location.

Savings for Both Large and Small

Lastly, financial records shredding services can help both large and small financial institutions by removing the need to spend money on shredding equipment. Paper shredders, especially those capable of shredding the number of documents generally associated with financial institutions, can be very expensive to the point that it doesn’t make fiscal sense to purchase one.

By hiring financial records shredding services, financial institutions can effectively and quickly dispose of their sensitive documents at a fraction of what it would cost if the institution purchased its own shredder. Savings is one of the best reasons to hire a financial record shredding service for a financial institution.


The Right Financial Records Shredding Services

Financial institutions deal almost exclusively with documents and records that are of a highly sensitive nature, and one of their main duties is to ensure that their client’s financial records are never handled or disposed of improperly. Financial records shredding services for financial institutions are the perfect solution to get rid of private documents safely and affordably, and PROSHRED Chicago is the company ready to provide those services.

We offer a wide range of shredding services to both small and large financial institutions and can shred your financial records however you wish, whether as a one-time bulk job or a continuing service. Please visit our website for more information about how PROSHRED Chicago can help you.

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