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Key Factors of Financial Data Storage

Key Factors of Financial Data Storage

With millions of people constantly giving out highly sensitive information including names, addresses, phone numbers, bank and credit card account numbers, income and credit histories, and social security numbers, financial institutions are required to adhere to a collective set of rules and regulations related to document storage in order to preserve the safety of the information. It is vital to opt for a financial data storage provider who understands and can keep up with these regulations, to ensure that your information remains secure. However, it is also crucial to choose a company that offers a comprehensive list of services that provide the highest level of security and convenience.

U.S.-based storage is essential when choosing a document storage provider. Regulations require all financial institutions to have unlimited access to secured documents within the United States. Corrigan Record Storage not only complies with said regulation through having a U.S. facility, but also takes it one step further by having gated premises offering alarms and video surveillance to ensure vital information is never compromised.

Acting within the bounds of regulations regarding the retention or destruction of various financial data is imperative for financial institutions. These include the Equal Credit Opportunity Act, the Truth in Lending Act, the Truth in Savings Act, and the Bank Secrecy Act to name a few. Following these regulations ensures all of the retained data is properly up to date and data needing to be destroyed is done so without consequence.

Regulations regarding the ability to have constant access to confidential information can mean adhering to extensive security protocols. Meant to keep the stored documents safe, these protocols can seem rigorous. Corrigan Record Storage offers multiple convenient ways to provide unlimited access to your documents. Next day and 2-hour rush delivery guarantees you access to your most sensitive information within a specific time frame. Our Customer View Room provides you with a spacious private area, offering Wi-Fi and climate control, to access your files and documents.

Corrigan Record Storage has more than 25 years of experience offering a comprehensive list of document storage and management services that each comply with the various rules and regulations meant to protect sensitive information. To learn more about our unmatched customer service and a detailed plan tailored to your document storage needs, call Corrigan Record Storage at 248.344.9185 or complete the contact form in the sidebar to schedule your free consultation today.

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