Posted By: Compliance4521
CA - Record Retention - AAN and Rate Sheets - 09/11/15 03:24 PM
We recently acquired a bank in CA and we just received the boxes of physical records to retain. The Adverse Action Notices are tagged with a "5-year retention" period; and the Rate sheets (Lending and Deposit) are tagged as "Perm".
Being new to CA state law, I am wondering if someone can chime in on if CA has more stringent retention periods then federal law?
Any assistance or guidance would be greatly appreciated.
Being new to CA state law, I am wondering if someone can chime in on if CA has more stringent retention periods then federal law?
Any assistance or guidance would be greatly appreciated.