Records Retention Program

I am interested in information on your Credit Union's Record Retention Program and how  it is set up, as well as best business practices. Who is the responsible area in charge of records retention? Is your IT function included in the RR program or does it have a separate program for that area (and what does it include)? How does your Credit Union  manage records upon destruction date? Is it a part of each functional area to do? Is there a global procedure or does each functional area have their own procedure? What controls do you have in place covering identifying, sending, retrieving and destroying records that have been sent to storage?   Anything you might share would be appreciated.