Financial Document Shredding And Records Management for Finance and Banking
DOCUMENT Shredding and records managment For Financial Institutions in Detroit and Southeast Michigan
At Corrigan Records, we understand the critical importance of safeguarding financial information. Serving banks, investment firms, and insurance companies, we offer one-time and scheduled document shredding services to protect sensitive data. Our state-of-the-art shredding equipment and secure facilities ensure that confidential information is disposed of properly and efficiently.
Document Shredding for the Financial Industry
Why Should Financial Institutions Shred?
Shredding is one of the most effective ways to safeguard sensitive information. For this reason, financial institutions must shred all documents containing personal or confidential data. By shredding papers, they can significantly reduce the risk of identity theft, fraud, and other criminal activities. Not only does shredding protect customers' information, but it also enhances the institution's overall security.
One-Time Shredding & Scheduled Document Destruction
An efficient solution to safely dispose of large volumes of confidential documents. Corrigan Records offers secure document destruction services that ensure the protection of sensitive information. Our team follows strict protocols to maintain the privacy and integrity of your documents while providing reliable shredding services. With identity theft and data breaches on the rise, it is crucial for individuals and businesses to take measures to protect their confidential information. That's where Corrigan Records comes in. We understand the importance of protecting your personal and business information. That's why we provide a convenient and efficient solution for disposing of large volumes of confidential documents. Whether you have financial records, legal contracts, or medical files, our secure document destruction services are designed to keep your sensitive information safe
We optimize your record management
Records management is crucial for organizing, protecting, and maintaining access to important information throughout its lifecycle. It ensures regulatory compliance, enhances data security, and enables quick retrieval of information when needed, supporting efficient operations and decision-making. Effective records management reduces risks associated with data breaches, aids in legal preparedness, and minimizes storage costs by systematically disposing of unneeded records. For businesses, this practice helps maintain transparency and trust while upholding industry and legal standards.
Our Process is Easy
Customized schedule is established
Locked bins are placed in your office
Bins are emptied by our trained staff
Documents are transported to our secure shredding facility
Documents are shredded according to federal and state regulations
Certificate of destruction is issued for your official records
FACTA is the Fair and Accurate Credit Transaction Act, a federal law that applies to every business in California, particularly in the banking and finance sectors. It was created to eliminate the risk of fraud and identity theft. Any company that improperly disposes of confidential information can face hefty fines of up to $2500 per file. This legislation addresses secure information disposal requirements, ID theft, and access to credit reports. Proper disposal of these reports and records is essential to protect against unauthorized access to or use of the information.
What Documents Should Be Shredded?
For financial institutions, documents containing personal, financial, or proprietary information should be securely shredded. This is to ensure the protection of sensitive data and prevent identity theft. Shredding documents also helps with compliance to regulations such as the Gramm-Leach-Bliley Act (GLBA) and the Fair and Accurate Credit Transactions Act (FACTA). At Corrigan Records, we understand the importance of document shredding for financial institutions. Our secure shredding services are designed to help businesses comply with regulations and protect their clients' information.
Customer financial records
Loan applications
Tax documents
Account statements and Insurance forms
Internal memos or confidential emails
WHY CHOOSE US
We Provide Solutions For Secure Document Management
Corrigan Record Storage is a Michigan-Based, Family Company. When you partner with us, you are more than just a client, you are part of the Corrigan family. The business of information begins and ends with security.
We are fully certified by the National Association of Information Destruction (NAID)
As AAA certified member of the National Association for Information Destruction (NAID), our facility undergoes several unscheduled inspections each year, ensuring compliance throughout the life of your documents. provide destruction certificates to every customer.