Pursuant to the USA PATRIOT ACT (Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism), every U.S. Financial institution is required to ask new and existing members for positive identification prior to opening new accounts, adding individuals to existing accounts and making some transactions like wire transfers and ACH. This rule becomes effective October 25, 2002.
If any of our staff asks you to provide a photo ID, the request is not meant to offend you, infringe on your privacy or ridiculously ignore your prior relationship with the credit union. We are simply complying with new federal regulations that are designed to protect you from identity theft and protect the credit union from being used for criminal activity.
For account transactions, you will be asked for only one (1) for of ID. If you are opening a new account, applying as a joint owner of an account or if you're being designated as a signatory or payable on death beneficiary on any old or new account, you will be required to present at least two (2) forms of ID. If you do not have the required ID with you at the time you make your request, we will not complete the transactions until it is provided.
Following is a list of acceptable ID forms. The ID provided must, at minimum, show your Name, Social Security/Tax Identification Number, residence address and date of birth. One form of ID must be a photograph ID such as:
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Unexpired state driver's license
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Military ID Card
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Passport
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Immigration Card
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Most any form of Government Issued ID
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Employer Issued photograph ID
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Student ID Card (must be currently enrolled)
Other ID documents may be: (may require further confirmation procedures)
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Original Social Security Card
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Certified (embossed seal) Birth Certificate
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Payroll check stub; Unexpired employment authorization documents
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Immigration Documents
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Utility Bills
Information we are required to obtain includes:
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Name
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Mailing Address and Physical Address, if different
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Social Security Number or Tax Identification Number
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Date of Birth
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Copy of Photograph ID
The USA PATRIOT ACT requires the credit union to maintain records of identification verification and to periodically update the information.
