In 2011, identity theft once again led the list of complaints filed with the Federal Trade Commission. Fifteen percent of all contacts, representing over 279,000 consumers, reported some type of illegal use of personal information resulting in financial loss.
Identity theft fraud takes many shapes, for example: government documents/benefits fraud, credit card fraud, phone or utilities fraud, and bank fraud. And, while prevalent, not all of it happens electronically.
“Not all identity theft is high-tech,” says Gary Mackiewicz, security manager, Liberty Bank. “Unsecured personal documents in your home, your mailbox, or your trash can easily lead to your information falling into the wrong hands.”
Liberty Bank is stepping up efforts to help customers and the public protect their personal information and their money. On Saturday October 27, 2012, the bank will hold a free document shredding event at its 1132 Storrs Rd., Storrs, and 72 Berlin Rd., Cromwell. On Saturday November 3, similar events will be held at Liberty Bank, 29 William F. Palmer Rd, Moodus, and 909 North Colony Rd., Wallingford. Hours for all events are 9 am – 12 pm.
The documents will be shredded on site, so the service is secure. The public is invited but asked to limit themselves to no more than five boxes or shopping bags of documents.
The bank is also offering free tips for safeguarding information and bank accounts, which can be accessed on the liberty-bank.com home page.
Established in 1825, Liberty Bank is Connecticut’s oldest mutual bank, with more than $3.4 billion in assets and 44 banking offices throughout the central, eastern, and shoreline areas of the state. As a full-service financial institution, Liberty offers consumer and commercial banking, home mortgages, insurance, and investment services. Rated outstanding by federal regulators on its community reinvestment efforts, Liberty maintains a longstanding commitment to superior personal service and unparalleled community involvement.