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Records Management

A discussion of financial institutions’ responsibility to retain records: what to keep, in what form, and for how long. Also, how to effectively manage the appropriate compliance responsibilities.

Upcoming
DATE

Tuesday, July 21, 2026
11:00 am - 1:00 pm

INSTRUCTOR

Carl Pry

FORMAT

Webinar

CREDIT TYPE

2.5 CRCM Credits

$299.00 or 1 Token

Includes: Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts

  • Accounting/Reporting
  • Auditing
  • BSA
  • Deposit Compliance
  • Fraud
  • General Compliance
  • Information Technology/Security
  • Lending Compliance
  • Mortgage Lending
  • Reporting
  • Risk Management/Legal
  • Technology/Security
  • Bank Legal Counsel
  • Bank Secrecy Act Officer/BSA Specialist
  • Board Member
  • Branch Manager
  • Compliance Officer
  • Internal Auditor
  • IT Professional
  • Privacy Officer/Information Security Professional
  • Risk Manager
  • Senior Management

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Retention and management of records is more complicated than just deciding what to keep and for how long. In what form should records be kept (meaning can we retain records electronically or is paper required)? Should we keep more than what the regulations require? If so, what and why? What about possible litigation needs?

It’s always important to keep in mind that if records are kept (even if they don’t need to be), they are subject to being produced in any litigation. Examiner expectations must be met, of course, but other parties, such as law enforcement, auditors, and of course your customers, may require access to information, as well.

To manage an effective program in a cost-effective manner, compliance professionals must rely on information from a broad range of resources within the organization. Records management is the point of convergence of these resources, which is why effective and reliable records management must be part of your compliance program.

As well, we’ll provide the latest version of the Records Retention Quick Notes, a comprehensive and easy-to-read guide on federal retention requirements that apply to most institutions.

What You'll Learn

  • What types of information constitute a record that we should retain?
  • What should we keep and for how long?
  • Can we retain records electronically, or must they be in hard copy?
  • Where can I look for retention requirements?
  • Are there best practices we can follow?
  • How can I set up or enhance our institution’s records management program?
  • What are the risks involved in records retention?
  • What should an effective and comprehensive program look like?
  • How should the program be organized? What is a taxonomy hierarchy, for instance?
  • Litigation needs: How does this process factor in?
  • Destruction of records and information: When and how should this be done?

Who Should Attend

This session is ideal for anyone in the institution with responsibility to retain information and records, as well as to manage the retention of information, including destruction of data.
Carl Pry

Instructor Bio


Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Senior Advisor for Asurity Advisors in Washington, DC. Through his more than 35-year working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves as the Chair of the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.


Continuing Education Credit Information

Records Management has been approved for 2.5 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for both Live and OnDemand viewing. For questions on certificates, please email support@oncourselearning.com. Certification holders must report these credits at https://aba.csod.com.

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