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12 CFR 749.3

§ 749.3 Vital records center.

United States · 12 CFR — Banks and Banking · Status: effective

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12 CFR 749.3, § 749.3 Vital records center, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48940
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Full text

A vital records center is defined as a storage facility, which may include another federally insured credit union, at any location far enough from the credit union's offices to avoid the simultaneous loss of both sets of records in the event of a catastrophic act. A credit union must maintain or contract with a third party to maintain any equipment or software for its vital records center necessary to access records.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.