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Central Sunbelt FCU to host Summer Shred-it day in Laurel, MS
June 23, 2015
Central Sunbelt FCU will host a Summer Shred day on July 11, 2015 between
9:00 am and 1:00 pm at 1506 Congress St in Laurel, MS. This free community-wide event aims to help citizens safely dispose of their sensitive personal documents.
The 2015 Identity Fraud Study, released by Javelin Strategy and Research, reported that $16 billion was stolen from roughly 12.7 million victims in 2014. We live in a highly technical age, and while cyber security is of the utmost importance, many fraud cases happen due to theft or negligence of physical paper documents. Fraud that occurs due to stolen documents can be nearly impossible to track.
Proper filing and disposal of personal documents can be encumbering, so Central Sunbelt has partnered with Enviro to provide highly secure cross-cut shredding services free of charge to anyone who wishes to take advantage of the service.
With tax season settled comfortably behind us, Central Sunbelt believes that now is the best time to take another look at our personal records and clean out our filing cabinets. With various types of document and regulatory practices, determining which documents to keep or dispose of can be a bit confusing. To help, we have compiled a list of the most frequently stored records and how long they should be kept.
Paycheck stubs: keep these until you have successfully filed your taxes.
Credit Card receipts: unless needed for tax purposes, dispose of these each month after reconciling them with your monthly statement.
Bank / Credit Card statements: Typically these will only need to be kept for one year. However, you may want to keep a particular statement for upwards of 7 years if it contains transaction data that may be necessary for tax purposes.
Monthly investment statements: Generally should not be kept for longer than 30 days.
Annual investment statements: Hold these for 7 years past the date of selling any investments.
Health benefit documents: hold these for 1 year.
Utility records: Hold these for 3 years.
Tax documents and supporting records: keep these for 7 years after the tax filing date.
Don’t forget to let Central Sunbelt help you dispose of your secure personal documents at 1506 Congress St in Laurel on July 11th between 9:00 am and 1:00 pm. RSVP today at our Facebook page!
CSFCU is a member owned, not-for-profit, financial institution that has helped serve the financial needs of the Pine Belt for more than 60 years. Most notably known for amazing loan rates, high yield deposit accounts, low cost fees, free checking accounts, free credit counseling, and leading financial technology (such as mobile apps and remote check deposit), CSFCU is dedicated to meeting the needs of their members and community. CSFCU is the third largest credit union in the state of Mississippi and proudly serves the cities of Laurel, Hattiesburg, McComb, and Waynesboro, as well as all of Jones, Wayne, and Pike counties.