Document retention periods are set by you, the credit union, if you store documents in-house. The retention periods are determined by CU*Answers for the online option.
Contact the Imaging Solutions team if you have any questions.
Receipts | 3 years | Set by Credit Union |
Photo ID | Indefinite | Set by Credit Union |
Loans | 6 years | Set by Credit Union |
Membership Forms | Indefinite | Set by Credit Union |
Reports | 1 year | Set by Credit Union |
eStatements | 18 months | Set by Credit Union |
Credit Bureau Reports | Life of the Loan | Set by Credit Union |
Miscellaneous Member Forms | - | Set by Credit Union |
Tax Documents | 3 years | Set by Credit Union |
Accounts Payable | 18 months | Set by Credit Union |
Scanned Documents | Depends on type | Set by Credit Union |
Board Minutes | - | Set by Credit Union |
Other Documents as deemed necessary by the Credit Union | - | Set by Credit Union |
Checks | - | Set by Credit Union |
Data available to Credit Union on DVD after aged? | Yes, fees apply | Yes via ArchView module, no additional cost |