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Can a credit union’s Vital Records Center be the same as the credit union’s main facility?

April 26, 2017center credit facility main records Union vital

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Can a credit union’s Vital Records Center be the same as the credit union’s main facility?

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• No, Part 749 of the NCUA Rules and Regulations specifies that vital records must be stored at a location far enough from the credit union’s office to avoid simultaneous loss of both sets of records in the case of a disaster.