Skip to content

Regs On Record Retention for Signature Cards

Answered by: 

Question: 
Our current Record Retention Schedule calls for closed deposit account signature cards to be retained permanently. This was established years ago based on some general threat of civil liability. I would like to establish a retention period for signature cards based on banking regulations. Can you tell me what the required retention period is for signature cards based on Federal and Massachusetts legal requirements?

First published on 02/24/2014

Filed under: 
Filed under compliance as: 

Search Topics