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#2285072 - 05/30/23 07:14 PM Record Retention
Cindy Offline
New Poster
Joined: Jan 2021
Posts: 14
Does anyone know where I can find a record retention schedule for banks doing business in New York State?

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#2285091 - 05/31/23 09:17 AM Re: Record Retention Cindy
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,369
Galveston, TX
What do you mean by: Doing business in New York State? Are you a multi-State operation? If so, you should have your legal counsel review this opinion.

https://www.dfs.ny.gov/legal/interpret/lo051006.htm

If not, then this is the citation in that opinion:

https://codes.findlaw.com/ny/banking-law/bnk-sect-128/

Very few States have detailed retention requirements. You might try contacting one of the NY State banking associations to see if they publish a more detailed retention guide. Such as: https://www.nyba.com/
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#2285094 - 05/31/23 01:36 PM Re: Record Retention Cindy
InFairness, CRCM Offline
Platinum Poster
InFairness, CRCM
Joined: Nov 2010
Posts: 928
USA
Don't forget to cross-reference with federal regulations. You will need to comply with whichever is longer.
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Opinions are strictly my own, and have nothing to do with my employer.

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#2285474 - 06/12/23 08:22 PM Re: Record Retention rlcarey
Cindy Offline
New Poster
Joined: Jan 2021
Posts: 14
Thank you!

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