USA Patriot Act
Important information about procedures for opening a new account.
To help the government fight the funding of terrorism and money laundering activities, as well as to protect you from Identity Theft, federal law requires all financial institutions to obtain, verify, and record information that identifies each person
who opens an account.
What this means for 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 or other means of identification whenever you initiate any transaction with us.
- Additional data may be gathered depending on the type of account opened.
- Data on existing members will be gathered as they open or use additional services offered by the credit union.
We may refuse to open any account or to grant any request if you fail to provide adequate identifying or authenticating information, or we have a good faith cause to believe that you are not the person you are purporting to be or are otherwise not authorized to open the account or initiate the transaction, and we will not be liable for any loss or expense you may incur due to our refusal. For identification purposes, we may also require you to provide your fingerprints at the time of account opening or at the time you negotiate certain checks.