Minnesota Bank Acquires Self-Service Shredding Kiosks

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More installations of The Self-Service Shredder in industry help customers, public cut identity theft.

First State Bank and Trust, based in Bayport, Minn., has acquired four self-service shredding kiosks for customer and public use.

First State Bank and Trust has installed The Self-Service Shredder, the first self-service shredding kiosk designed specifically for business and consumer use, at its locations in Bayport, Oak Park Heights, and Stillwater, Minn. The kiosks, developed by Colorado Springs-based RealTime Shredding, Inc., cross-cut shred paper, cardboard, credit cards, paper clips, staples, and even CDs, DVDs, and floppy disks. The industrial-strength shredder, featuring multiple control points for maximum safety, can shred up to 200 sheets of paper a minute.

Customers and the general public can use The Self-Service Shredder at all four First State locations at no charge. The kiosks are located in public areas at each bank, and are available for use during normal lobby hours of operation.

First State Bank and Trust is the second bank in the country to install The Self-Service Shredder, following in the line of Greeley, Colorado-based New Frontier Bank. "The Self-Service Shredder is a tangible sign of First State Bank and Trust's genuine concern about identity theft," says Ryan Benson, vice president of retail banking. "Being attentive to individuals' and business' financial security is our job. The kiosks offer a practical tool in that regard."

RealTime Shredding's kiosks have already proven popular, says Benson. Senior citizens are especially high users, with real concerns about privacy and guarding their identities. "Word-of-mouth is fueling the kiosks' use," he explains. "Once people learn about The Self-Service Shredder's availability and ease of use, they want to try it out."

Businesses appreciate the ease of shredding with The Self-Service Shredder to help them comply with HIPAA and FACTA document destruction requirements, explains Amanda Verrie, president of RealTime Shredding. But whether it's someone who is ready to clean out the basement and destroy old phone bills or a business that needs to shred several years' worth of old documents, "it's easy, fast, safe, and makes sense," she says. Ability to see the material shredded in real time eliminates worries about personal information being lost or stolen.

First State Bank and Trust (http://www.bayportbank.com), serving Minnesota's St. Croix Valley since 1914, is a community bank offering personal banking and business banking services, as well as investments, trust services, and insurance. Based in Bayport, Minn., the bank maintains total assets of more than $201 million (12/31/06).

RealTime Shredding, Inc. (http://www.realtimeshredding.com) manufactures and markets The Self-Service Shredder as the first self-service shredding kiosk designed specifically for business and consumer use. The Self-Service Shredder provides a fast, convenient, inexpensive way to shred confidential documents and other materials. Based in Colorado Springs, the woman-owned and -operated company offers multiple kiosk models and options, with purchase, revenue-sharing, and lease plans available.

Contacts: Amanda Verrie, RealTime Shredding, Inc., 719-488-3655, amanda @ realtimeshredding.com
Aimee Bennett, APR, Fagan Business Communications, 303-843-9840, aimee @ faganbusinesscommunications.com

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