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How Often Should We Update Our Document Retention Policy?

How often should we update our document retention policy?

According to a recent study, nearly half of all community banks make annual updates to their document retention policies.

Each bank is different and should seek legal and compliance advice before setting a retention policy update schedule.


Download a study of 94 banks’ retention policies here.


AccuSystems develops document management and exception tracking software for financial institutions. Trusted by more than 15,000 bankers worldwide, AccuAccount automates exception tracking, streamlines audits, and simplifies loan imaging. Request a demo, register for a webinar, or download a free whitepaper.

First published on 08/31/2015

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