Regulations last checked for updates: Feb 07, 2026

Title 12 - Banks and Banking last revised: Dec 01, 2026
§ 157.20 - What records should I maintain on deposit activities?

You should establish and maintain deposit documentation practices and records that demonstrate that you appropriately administer and monitor deposit-related activities. Your records should adequately evidence ownership, balances, and all transactions involving each account. You may maintain records on deposit activities in any format that is consistent with standard business practices.

source: 76 FR 49025, Aug. 9, 2011, unless otherwise noted.
cite as: 12 CFR 157.20