NeighborBench releases updated record retention schedule just in time for new year

FREDERICK, MD (January 9, 2014) —  Through its educational website,, experts from NeighborBench and NB Risk publish complimentary tools and resources periodically to help financial institutions address common compliance challenges.

The recently updated Record Retention Schedule is a handy 13-page guide designed to assist those charged with managing records at their financial institution.

The complimentary Record Retention Schedule has been updated in anticipation of new regulations coming online in early 2014, including the new Mortgage and Mortgage Servicing Rules. This guideline is a universal listing of types of records financial institutions may create or use followed by a general guideline on how long those records should be kept.

The document is available at no charge by contacting NeighborBench’s Mike Lane or 1-888-972-3624, ext. 7015.

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