USA Patriot Act
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING OR CHANGING AN ACCOUNT WITH POLICE FEDERAL CREDIT UNION
Member Identification Requirements
Section 326 of the USA PATRIOT ACT requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account or changes an existing account. This federal requirement applies to all new members and current members. This information is used to assist the United States government in the fight against the funding of terrorism and money-laundering activities.
What this means for you:
When opening an account or changing an existing account, we will ask each person for their name, physical address, mailing address, date of birth, social security number and other information that will allow us to identify them. We will ask to see each person’s driver’s license and other identifying documents and copy or record information from each of them. In some cases, identification will be requested for current members if original documentation was not obtained with the opening of the account.
In all cases, protection of our member’s identity and confidentiality is the Credit Union’s pledge to you.
We proudly support all efforts to protect and maintain the security of our members and our country