Luso American Credit Union holds fourth annual free “Shred Day” October 17th

PEABODY, MA (October 5, 2015) — Luso American Credit Union will hold their fourth annual community Shred Day on Saturday, October 17th at the Credit Union’s branches in Peabody: at 37 Tremont Street from 9am until 11am; and at 79 Lynnfield Street from 11:15am until 1:00pm.

Luso American Credit Union Manager Ivone Silva said, “Shred Day is a great way to securely dispose of personal documents like invoices, tax returns, financial statements and paycheck stubs to guard against ID theft, a major problem throughout the country. Luso American’s board of directors, management and staff are committed to assist, not only the Credit Union’s members, but the community as a whole. We invite our members and the local community to take advantage of the free Shred Day events at our two branches.”

The Shred King Company will provide the efficient and confidential destruction of information with their mobile shredding truck on site. Peabody residents are asked to bring their important documents to the Credit Union branches during the event. No 3-ring binders or hanging files are allowed. Containers will be returned to those taking advantage of this free service.

In 2014, identity theft continued to top the Federal Trade Commission’s (FTC) national ranking of consumer complaints, putting it at the top of the list for the 15th consecutive year. Identity theft occurs when someone uses personal identifying information, like name, Social Security number, or credit card number, without permission, to commit fraud or other crimes. Shredding personal documents is one of the best ways to combat ID Fraud.

About Luso American Credit Union

Luso American membership is open to anyone who lives or works in Essex County, MA. Luso American is wholly owned by its more than 7,000 members and offers a full-service branch in Peabody, MA. More information is available online at


Main Office
37 Tremont Street
Peabody, MA. 01960

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