FREDERICK, Md. (1/10/14)--A record retention schedule, available free to credit unions from compliance services provider NeighborBench, has been updated in anticipation of new 2014 regulations, including new mortgage and mortgage servicing rules.
The 13-page guide is designed to assist those charged with managing records at their financial institution.
The guide offers a universal listing of the records financial institutions may create or use followed by a general guideline on how long those records should be kept.
The document is available by contacting NeighborBench's Mike Lane at firstname.lastname@example.org or 1-888-972-3624, ext. 7015.