Record Retention & Destruction Policy & Timeframes 2023 | Community Bankers Webinar Network | 31 August 2023 | Webinar

Are you retaining documents long enough? Or are you hanging onto “special” items that are past their destruction date? Join us to learn more from a legal expert.

After This Webinar You’ll Be Able to:
• Implement the Elements of an Effective Record Retention and Destruction Policy
• Explain the Various Laws Which Require a Designated Time Period for Document Retention
• Understand the Designated Retention Time Periods for Retention Under Each Law
• Identify the Document Retention Timeframes That Do Not Fit Within a Specific Category
• Distinguish the Special Rules for Record Retention When Regulatory Action or Litigation is Threatened

Various federal and state laws mandate the retention of specific documents and records for a designated time period. Unfortunately, these laws overlap and conflict, causing confusion. In the past, some institutions simply retained all records permanently “to be on the safe side.” That isn’t practical today and retaining all records can actually cause harm. All institutions must have a systematic record retention and destruction policy to comply with the law. This webinar will explain the legal retention period requirements and the practical considerations for both electronic and paper document retention and destruction.

Who Should Attend?
This Informative Session is Designed for Deposit and Loan Staff, Operations Personnel, Compliance Staff, Managers, Auditors, and Anyone Else Responsible for Creating Record Retention Policies and Responding to Document Requests.

2023 Speaker

PRESENTER:

Elizabeth Fast
Attorney, Spencer Fane LLP