AGENCY: Department of Financial Institutions

SERIES: 10437
TITLE: Commerce Financial Thrift and Loan personnel records
DATES: 1980-1992.
ARRANGEMENT: Alphabetical by employee name

DESCRIPTION: These records were created by the thrift to document employee history and payroll information. They were used to verify employment and report wages to the Internal Revenue Service. They include personnel files, payroll reports, and W-2 forms.

RETENTION

DISPOSITION

RETENTION AND DISPOSITION AUTHORIZATION

These records are in Archives' permanent custody.

APPROVED: 06/1993

FORMAT MANAGEMENT

Paper: Retain in Office until liquidation is complete and then transfer to State Records Center. Retain in State Records Center for 7 years and then destroy provided all audit requirements have been met.

APPRAISAL

Fiscal

This disposition is based on the retention requirements for active financial institutions approved by the Department of Financial Institutions in Utah Administrative Code R331-10-3 (1992).

PRIMARY DESIGNATION

Private

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