Question: I am looking for a "free" booklet or publication that gives guidelines for Record Retention Policies. My bank is small and I am trying to implement some written policy/procedures for a retention policy. My background is from a large bank that had written manuals for guidance. With the latest technologies for imaging documents I hope to eliminate unnecessary paper and the need for so much storage.
Answer: Unfortunately, there is no comprehensive free guide. The subject is so complex and requires so much research that the authors of such manuals understandably command a good fee.
There, is however, a short version of a record retention schedule available on the Banker Tools page of BankersOnline.com.
BankersOnline is a free service made possible by the generous support of our advertisers and sponsors. Advertisers and sponsors are not responsible for site content. Please help us keep BankersOnline FREE to all banking professionals. Support our advertisers and sponsors by clicking through to learn more about their products and services.