As technology evolves, so too do record retention guidelines. Do you need to retain originals, or will digital versions do the trick? Does your staff know the difference? Are your policies up to date with the E-Sign Act requirements? Learn the answers to these questions and more in this practical webinar.
- Understand when an imaged document is legally enforceable and when an originally signed document is required to be retained
- Determine when it is permissible to deliver disclosures, contracts, and statements electronically
- Analyze your financial institution’s operational requirements regarding electronic records
- Develop record retention policies for electronic and imaged documents
- Understand the requirements of the Electronic Signatures in Global and National Commerce Act (i.e., the Federal E-Sign Act)
Although the digital age can make transactions more convenient, it also can make record retention more complicated. Every day, your institution processes numerous electronic documents and records and relies on various imaged documents. Not all imaged documents are treated the same under the law. Do you know which originally signed documents must be retained and which can be destroyed after being imaged? It is more important than ever to understand the rules regarding electronic documents and imaged documents to adequately protect your financial institution.
Elizabeth Fast, JD & CPA, Spencer Fane LLP
Elizabeth Fast is a partner with Spencer Fane LLP where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division. She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University. In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a$9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions.
Live and recorded webinar, handouts, quiz with answer key and training log are included.
Your registration includes unlimited locations, making it easier to share and learn with remote staff.
Please note: You may share the link with others at your credit union, however the confirmation will be sent to one primary contact at your credit union. It will be up to the primary contact to share the material with others.