Credit Union Board Allows Electronic Records Retention
Titus, Nancy Raiden, THE JOURNAL RECORD
Journal Record Staff Reporter
State-chartered credit unions were allowed to maintain electronic records on some items covered in a new record retention rule adopted Tuesday by the Oklahoma State Credit Union Board.
The board adopted four permanent rules at its regular monthly meeting, including one which specified the holding period required for a host of records.
After discussion from industry leaders, the board amended the rule to allow for electronic records for the entire time requirement rather than requiring hard copy for two years on most items.
Credit union representatives said many of the records are created and stored …
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Publication information:
Article title: Credit Union Board Allows Electronic Records Retention.
Contributors: Titus, Nancy Raiden - Author.
Newspaper title: THE JOURNAL RECORD.
Publication date: March 23, 1994.
Page number: Not available.
© 2009 THE JOURNAL RECORD.
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