Document Destruction for Banking and
Real Estate Industries
Banks - Credit Unions - Mortgage/Escrow Companies
Client and consumer privacy legislation such as FACTA (the Fair and Accurate Credit Transactions Act) and GLB (the Gramm–Leach–Bliley Act) has made it the law to securely dispose of financial records. In addition to being a legal requirement, secure document destruction protects your financial organization from lawsuits and public embarrassment, safeguards your clients from fraud and identity theft, saves you space, time and money and preserves confidentiality. At The Paper Depot, we are aware of the legal and economic consequences that can result from failure to comply with consumer privacy legislation, and we fully understand the importance of securely destroying financial records and other sensitive or confidential information.
With the widespread and increasing use of electronic records, all kinds of financial organizations are finding it necessary to dispose of large quantities of old paper documents in compliance with legislation. The Paper Depot has proven to be a valuable partner in handling all our clients' personal and confidential information. We are always up to date on the laws and regulations that affect the financial sector:
- Health Insurance Portability and Accountability Act (HIPAA)
- Gramm-Leach-Bliley Act (GLB)
- Privacy Act
- Economic Espionage Act (EEA)
- Fair and Accurate Credit Transactions Act (FACTA)
- Trade Secret Protections
- Implied Contract Breach
Let Our Experience Work For You
The Paper Depot has been in the document destruction business since 1981, providing secure and legally compliant shredding and media destruction services at affordable prices to clients across the financial industry. We will help your financial organization, large or small, become legally compliant and totally secure in addition to increasing your space and improving your efficiency.
Custom Designed Shredding Solutions
We can customize a document destruction and recycling plan that meets your organization's specific needs and doesn't interfere with your day-to-day operations. We offer on-site and off-site document destruction services on a regularly scheduled or one-time basis. For regularly scheduled document destruction, we provide locked consoles at no cost for you to keep at your facility and deposit your sensitive documents into. Then at regularly appointed times, we will either securely transport the documents in locked containers back to our facility for destruction in our state of the art commercial shredder, or we will bring a shredding truck to your facility to destroy the documents on-site. In either case you may witness the destruction of your documents, and we will provide you with a certificate of destruction. One-time or purge document destruction is also available off-site or on-site and includes a certificate of destruction as well as the option to witness the shredding process.
Contact us today for additional information about our legally compliant and secure document destruction services.