6 Bank Documents You Should Never Throw Away — and 3 That Could Put You at Risk

Some bank documents can help protect your savings, establish account ownership, or resolve financial disputes. Others contain sensitive information that should be securely destroyed when no longer needed. Pressmaster/Shutterstock

That stack of old banking paperwork sitting in your desk drawer might be worth more than you realize. Some documents could help you recover missing money, challenge an unauthorized withdrawal, or prove ownership of an account years from now. Others contain sensitive information that could put your finances at risk if they fall into the wrong hands.

The tricky part is knowing which bank documents to keep and which ones should be securely destroyed.