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What are the OSHA responsibilities for banks? Are there any forms we should be completing or posters we should be displaying? How about filing injury reports to OSHA? – IBA Compliance Connection

What are the OSHA responsibilities for banks? Are there any forms we should be completing or posters we should be displaying? How about filing injury reports to OSHA?

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All employers, including banks, are required to display an OSHA poster at every branch and other office location.

Since financial institutions are “partially exempt” from the OSHA reporting requirements, your bank is not required to submit regular reports to OSHA on workplace injuries. However, while financial institutions are partially exempt, they must report fatalities, in-patient hospitalizations, amputations and losses of eyes to OSHA.

For resources related to our guidance, please see:

  • OSHA Regulations, Appendix A to Subpart B, Partially Exempt Industries (“Employers are not required to keep OSHA injury and illness records for any establishment classified in the following North American Industry Classification System (NAICS) codes [including NAICS code 5221, Depository Credit Intermediation], unless they are asked in writing to do so  . . . . All employers, including those partially exempted by reason of company size or industry classification, must report to OSHA any employee’s fatality, in-patient hospitalization, amputation, or loss of an eye . . . .”)
  • OSHA Regulations, 29 CFR 1903.2(a) (“Each employer shall post and keep posted a notice . . . Such notice or notices shall be posted by the employer in each establishment in a conspicuous place or places where notices to employees are customarily posted. . . .”)