Connect with us:

Login to View Full Member Content:

Electronic & Hard-Copy Records: What to Keep, What to Destroy, What Holds Up in Court

Date: October 9, 2013

Time: 3:00pm - 4:30pm

Location: Webinar


Wednesday, October 9, 2013

3:00 pm – 4:30 pm

Various regulations and federal and state laws mandate a credit union’s retention of specific documents (both traditional paper documents and electronically-stored information) for a designated period of time. Unfortunately, these laws overlap and conflict, causing confusion. In the past, some institutions simply retained all records permanently “to be on the safe side.” That isn’t practical today, because retaining all records can actually harm the credit union. All credit unions must have a systematic document-retention and destruction policy that covers electronically-stored information and traditional paper documents. This webinar will address the legal requirements and practical considerations for both electronic and paper document retention and destruction.

Continuing Education: Attendance verification for CE credits upon request


    • What documents should be kept and for how long?
    • How should electronic records be handled?
    • How can an effective document retention policy help your credit union?
    • What are the pitfalls to watch for?
    • What special action must be taken when litigation is threatened against your credit union?
    • Sample form of document retention and destruction policy
    • Employee training log
    • Quiz you can administer to measure staff learning and a separate answer key


This informative session is designed for both the deposit and the loan sides of the credit union, especially personnel involved with creating document-retention policies and those responding to document requests.

Webinar content is subject to copyright and intended for your individual credit union’s use only.