Two Credit Unions Collaborate to Prevent ID Theft and Protect the Environment
The idea was hatched as representatives of the credit unions were advocating before Congress.
What happens at the CUNA Governmental Affairs Conference doesn’t stay at the GAC. Instead it filters out into the credit union ecosystem to benefit consumers. A great example of that is the July 27 joint Shred Day event sponsored by two credit unions serving Oregonians—Corvallis-based Oregon State Credit Union and TLC, a division of Longview, Washington–based Fibre Federal Credit Union.
As they were in Washington, D.C., advocating for credit unions and their 7.3 million Northwest members, Fibre Federal’s President and CEO, Christopher Bradberry and Oregon State CEO Richard Hein, decided to be fiercely cooperative.
“At this year’s GAC, Chris approached me about doing a joint venture, Shred Day, on the coast,” said Hein. “I checked in with my team and they were excited to participate. Our team contacted his team and just like that, it was planned. This serves as a great example of the Cooperative Spirit in action.”
Consumers are invited to bring up to three boxes or plastic bags of documents, CDs, DVDs, and diskettes to shred. The free event is scheduled at the Lincoln City Cinema parking lot from 10 a.m. to 1. p.m.
“Our TLC team is really looking forward to working with Oregon State Credit Union as a credit union family to provide shred services to our local communities,” said Bradberry. “Rick and I both understand the meaning of ‘family’ and ‘cooperation,’ which made this project very easy to put together.”
The cooperative event has two key benefits—one for the environment, and the other to prevent identity theft.
According to the U.S. Environmental Protection Agency, each American uses an average of more than 700 pounds of paper a year. Discarded paper and paper pulp are the third–largest polluter of air, soil, and water. Meanwhile, the Consumer Sentinel Network reports that in 2018, Oregonians reported 4,197 incidents of ID theft. Shred Day helps combat both.
Area residents will be able to shred items such as expired credit cards, receipts, credit card statements, pre-approved credit card offers, canceled checks, bills, and anything containing personal information pertaining to household members.
Additionally, law enforcement officers will be on hand to answer consumers’ questions about ID theft.