Important Information about Procedures For Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, and in compliance with the USA PATRIOT Act, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who seeks to open an account. These new procedures are designed to prevent crimes, such as identity theft and account fraud that terrorists commit to finance their operations against the U.S. and its citizens. All persons are subject to identity verification even though they may already be members of the credit union.
What this means to you:
When you open an account, we will ask you for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license, passport or other identifying documents, and will verify your identity through non-documentary methods as well.
Rest assured that we will only request the information required to comply with the law, and that the information we collect will be used only for purposes of complying with the law. Your privacy is our top concern, and as always, we will respect and safeguard it to the best of our ability.
