Bank helps prevent identity theft by shredding documents - KTIV News 4 Sioux City IA: News, Weather and Sports

Bank helps prevent identity theft by shredding documents

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ELK POINT, SD (KTIV) -

Identity theft is one of the fasted growing crimes in the U.S. Making it one of top consumer concerns for several years.

To help prevent identity theft, First Dakota National Bank in Elk Point, South Dakota sponsored a day of onsite free paper shredding.

Officials at the bank say any documents with an account number, social security number, or credit card applications should be shredded.

"They start manipulating your information to where they get a driver's license with your name and information on it and their photo id. Next thing you know is, they're out making grand purchases," said Andrew Jacobs, First Dakota National Bank loan officer.

It can take several years to straighten out information once identity theft has occurred.

Inspect credit reports and financial statements for wrong information or purchases. If you do suspect identity theft, contact local law enforcement and your bank.

For more information, visit the Federal Trade Commission.

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