I am trying to locate the requirements (if any) for the Bank's requirements in retaining denied deposit accounts information when a consumer reporting agency has been used (i.e. chexsystems). I have reviewed the FCRA itself and it does not refer to any retention of records. Anyone have any comments?

There are no adverse action retention requirements under the FCRA. Most banks just hand them the preprinted form provided by Chexsystems and support that process through written procedures.

Thank you.