Nebraska Bankers Association
  • About
    • Membership
    • News
    • Boards and Committees
    • Alice Dittman Trailblazer Award
    • NBA Foundation
    • Leadership Program
    • Staff Directory >
      • Contact Us
  • Workforce
    • Careers
    • Post Job Openings
  • Advocacy
    • Legislative Update
    • BankPAC
    • Comment Letters
  • Compliance
    • Handbook
    • Compliance Update
    • Compliance Alliance
  • Education
    • Event Calendar
    • In-person Events/Training
    • Webinars
    • ABA Training
    • Banking Schools
    • CYBERSECURITY TRAINING
    • Sponsorships and Exhibits
    • Young Bankers (YBON)
  • Insurance
    • Agency Services >
      • Commercial Insurance
      • Personal Insurance
      • Livestock, Irrigation and Farm Insurance
      • Surety Bonds
    • Bank Property & Liability
    • Financial Institution Insurance
    • Benefit Plans
  • Bank Resources
    • Preferred Vendors
    • Associate Members
    • Marketing Resources
    • Financial Literacy
    • Single Bank Pooled ​Collateral Program
    • Bank Security
    • Compensation & Benefits Survey
  • About
    • Membership
    • News
    • Boards and Committees
    • Alice Dittman Trailblazer Award
    • NBA Foundation
    • Leadership Program
    • Staff Directory >
      • Contact Us
  • Workforce
    • Careers
    • Post Job Openings
  • Advocacy
    • Legislative Update
    • BankPAC
    • Comment Letters
  • Compliance
    • Handbook
    • Compliance Update
    • Compliance Alliance
  • Education
    • Event Calendar
    • In-person Events/Training
    • Webinars
    • ABA Training
    • Banking Schools
    • CYBERSECURITY TRAINING
    • Sponsorships and Exhibits
    • Young Bankers (YBON)
  • Insurance
    • Agency Services >
      • Commercial Insurance
      • Personal Insurance
      • Livestock, Irrigation and Farm Insurance
      • Surety Bonds
    • Bank Property & Liability
    • Financial Institution Insurance
    • Benefit Plans
  • Bank Resources
    • Preferred Vendors
    • Associate Members
    • Marketing Resources
    • Financial Literacy
    • Single Bank Pooled ​Collateral Program
    • Bank Security
    • Compensation & Benefits Survey

SAMPLE LIST OF RECORDS AND RETENTION PERIODS FOR GENERAL BUSINESS OPERATION PURPOSES


RECORD

RETENTION PERIOD

ACCOUNTING

 

Accounts Payable

 

accounts payable

6

accounts payable invoices

6

accounts payable ledgers

6

amortization records

6

bills

6

cash disbursements

6

commissions statements

0

cost accounting records

6

cost sheets

6

cost statements

6

credit card charge slips

6

credit card statements

6

debit advices

6

donations

6

expense reports

6

invoices

6

petty cash records

6

purchase requisitions

0

royalty payments

6

travel expenses

6

unemployment insurance payments

6

vouchers

6

workers compensation insurance payments

6

 

Accounts Receivable

 

accounts receivable

6

accounts receivable ledgers

6

cash books

6

cash journals

6

cash receipts

6

cash sales slips

6

collection notices

0

collection records

0

credit advices

6

receipts

6

sales receipts

6

uncollected accounts

6

 

Capital Property

 

acquisitions

ACT+6

capital asset records

ACT+6

depreciation schedules

ACT+6

fixed assets

ACT+6

material transfer files

ACT+6

mortgage payments

6

property detail records

ACT+6

property inventory

ACT+6

property, sold

6

 

General

 

account ledgers

6

accounting procedures

ACT+10

books of accounts

6

credit applications

0

general ledger, annual

6

general ledger, monthly

0

journal entries

 

journals

6

ledgers

6

ledgers, subsidiary

6

registers

6

trial balances

6

 

Payroll

 

garnishment accounting

6

garnishment orders

ACT+3

payroll checks

6

payroll history

6

payroll records

6

payroll registers

6

 

ADMINISTRATION

 

 

General

 

authorizations, table of

ACT+10

calendar books

0

chronological files

0

correspondence (see specific listing)

0

directives

ACT+10

feasibility studies

0

organization charts

0

policies

ACT+10

policy statements

ACT+10

procedure manuals

ACT+10

reading files

0

table of authorizations

ACT+10

telephone calls

0

 

 

Property/Facilities

 

building permits

ACT+3

deeds

ACT+6

leases

ACT+6

maintenance records

0

motor vehicle maintenance records

0

motor vehicle records

0

office improvements

0

office layout

0

property summaries

ACT+6

property title

ACT+6

real estate records

0

repair records

0

water rights

ACT+6

zoning permits

ACT+3

 

 

Records Management

 

computer tape indexes

0

forms management records

0

record destruction records

10

records inventory

0

 

BUSINESS ORGANIZATION

 

 

Corporation

 

S.E.C. filing

6

annual reports

10

articles of incorporation

IND

board of directors meeting minutes

10

board of directors meeting notices

10

bonds, surety

ACT+6

bylaws

ACT+10

capital stock certificates

ACT+6

capital stock ledgers

ACT+6

capital stock records

ACT+6

capital stock sales

6

capital stock transfers

6

certificates of incorporation

IND

corporate reorganizations

ACT+6

dividend records

6

fidelity bonds

ACT+6

incorporation records

IND

minute books

10

proxies, signed

10

shareholder meeting minutes

10

shareholder meeting notices

10

shareholder proxies

10

stock ledgers

ACT+6

stockholders meetings

10

stockholders proxies

10

stockholders, listing of

ACT+6

voting records

10

 

 

General

 

business permits

ACT+3

charters

ACT+3

licenses

ACT+3

mergers

ACT+6

quarterly reports

0

 

FINANCE

 

Banking

 

bank deposits

6

bank reconciliations

6

bank statements

6

check registers

6

check stubs

6

checks, canceled

6

deposit slips

6

wire transfers

6

 

General

 

audit reports, external

10

audit reports, internal

0

balance sheets

6

budget workpapers

0

budgets - 1 year

0

budgets - 5 year

0

financial plan

0

financial reports - annual

10

financial reports - monthly

0

financial statements

10

financial statements, certified

10

forecasts - 1 year

0

forecasts - 5 year

0

 

Investments/Insurance

 

bond investments

ACT+6

futures investments

ACT+6

insurance policies, active

ACT+6

insurance policies, canceled

6

inventory, property

ACT+6

investments

ACT+6

letters of credit

ACT+6

mortgage records

ACT+6

notes, canceled

6

notes, outstanding

ACT+6

notes, paid

6

options contracts

ACT+6

options and futures

ACT+6

securities sales

6

stock investments

ACT+6

 

GENERAL

 

client files

0

project files, client

0

reference files

0

 

LEGAL

 

Contract Administration

 

buy/sell agreements

ACT+6

contracts, general

 

  contract compliance

6

  contract working files

ACT+6

  contracts, changes to

ACT+6

  employment contracts

ACT+6

contracts, improvement to real property

 

  contract compliance

12

  contract documentation

ACT+12

contracts, sales

 

  contract compliance

6

  contract documentation

ACT+6

easements

ACT+6

leases

ACT+6

mortgages

ACT+6

patent agreements

ACT+6

promissory notes

ACT+6

title documentation

ACT+6

warranties, product

ACT+6

 

General

 

legal opinions

ACT+10

patent applications

ACT+6

patents

ACT+6

trademark records

ACT+6

 

Legal Compliance

 

employment tax filings

6

excise tax filings

6

income tax filings

6

sales tax filings

6

tax returns

IND

tax returns, employment

IND

tax returns, excise

IND

tax returns, income

IND

tax returns, motor fuel

IND

tax returns, property

IND

tax returns, sales

IND

tax returns, unemployment

IND

tax returns, use

IND

 

Litigation/Claims

 

affidavits

ACT+6

claims, affirmative action

ACT+6

complaints

ACT+6

court case files

ACT+6

court records

ACT+6

depositions

ACT+6

disputes

ACT+6

exhibits

ACT+6

grievances

ACT+6

litigation files

ACT+6

 

PERSONNEL

 

Benefits

 

actuarial records

ACT+6

disability records

6

employee benefits paid

6

employee relocation records

6

pension plan vesting files

6

pension plans

ACT+6

profit sharing plans

ACT+6

retirement benefits

6

retirement plans

ACT+6

service records

3

sick leave benefits accrued

6

thrift plan reports

3

years of service

3

 

General

 

attendance records

3

employee manuals

ACT+10

job descriptions

ACT+10

time sheets

3

 

Health and safety

 

accident reports

3

damage reports

3

emergency action plans

ACT+10

employee exposure records

ACT+30

employee medical complaints

CY+5

employee medical records

CY+5

fire extinguisher records

0

fire prevention programs

ACT+10

hazard communications records

IND

hazardous exposure records

ACT+30

hazardous substance identity records IND

 

health and safety bulletins

CY+5

health insurance claims

6

injury reports

CY+5

log, accident (OSHA Form 200)

CY+5

log, injury (OSHA Form 200)

CY+5

material safety data sheets

IND

medical records

CY+5

medical surveillance

IND

safety inspections

0

safety records

CY+5

supplementary records

 

  (OSHA Form 101)

CY+5

toxic substance exposure records

ACT+30

 

Personnel Actions

 

applications, hired

3

applications, rejected

1

demotion records

3

education records

3

employee evaluations

3

employment actions

3

employment history, current

3

employment history, previous

3

hiring records

1

job announcements

1

layoff records

3

performance standards

ACT+10

personnel actions

3

personnel files, active

3

personnel files, terminated

3

promotion records

3

tenure records

3

termination records

3

testing records

1

training records

3

transfer records

3

work appraisals

3

 

Payroll Administration

 

bonuses

3

cost of living records

3

earnings records

3

form W - 2

6

form W - 4

6

pay rates

3

payroll deductions

3

salary surveys

3

time cards

3

wage rate tables

3

 

PUBLIC RELATIONS

 

advertising

ACT+2

artwork

0

member complaints

ACT+6

government docket files

0

legislation, pending

0

mailing lists

0

market research data

0

media packets

0

news releases

0

newsletters, internal

0

newspaper clippings

0

publicity photographs

0

publicity records

0

slide presentations

0

speeches

0

 

PURCHASING

 

bids, accepted

ACT+6

bids, rejected

0

catalogs

0

price lists

0

purchase orders

ACT+6

quotations

0

receiving documents

0

vendor literature

0

 

SALES

 

back order records

0

customer credit files

ACT+2

customer lists

0

market surveys

0

marketing plans

0

orders

ACT+6

orders, acknowledgment

6

price lists

ACT+2

price proposals/quotations

ACT

product price lists

ACT+2

proposals

ACT+2

sales activity records

0

sales projections

0

sales records

0

sales reports

0

sales slips

6

 

SHIPPING/TRANSPORTATION

 

bills of lading

6

freight records

6

packing lists

0

shipping instructions

0

shipping manifests

6

shipping tickets

6

waybills

6

DESCRIPTIONS OF ABBREVIATIONS:

 

  • ACT                      ACTIVE (time period while subject is active).
  • +                           Time period with multiple components.
  • CY                        CURRENT YEAR (time beginning January 1).
  • IND                       INDEFINITE (undetermined time period).

Compliance Handbook Search

*
  • Volume I
    • Compliance Management
    • Governance
    • Bank Structure
    • Personnel
    • Record Retention
    • Public Disclosure
    • Privacy
    • Security
    • CFPB
  • Volume II
    • Deposit Accounts
    • Public Funds
    • Bank Promotion
    • Nondeposit Products
    • Unclaimed Property
  • Volume III
    • Secured Transactions
    • Real Estate
    • Lending
    • Environmental Issues
    • Miscellaneous

STAY CONNECTED

Contact Us

Nebraska Bankers Association

233 South 13th Street, Suite 700
Lincoln, NE 68508
​402-474-1555
​Digital Millennium Copyright Act Policy
Member Login