Record Retention Policy
Updated 10/21/2026
A sample record retention policy template with schedules broken down by department. State specific requirements are not included.
Rule: Federal Records Act – 44 USC 3301
Toolkit: Audit & Internal Monitoring
Keywords: Accounting, BSA/AML & OFAC, Bank Compliance, Community Reinvestment Act, Corporate Records, Investment Records, and Personnel/Human Resources.
10/21/2026 – Clarified that the two-year retention period for advertising records under Regulation Z is a best practice, not a regulatory requirement.
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