"In order to prevent the use of the U.S. financial system in terrorist and other illegal activity, federal regulations require all financial institutions to obtain, verify, and record identification from all persons opening new accounts or being added as signatories to existing accounts. This institution cannot wave this requirement."
-U. S. Treasury
In order to comply with the USA Patriot Act, Heartland Credit Union is required to verify the identity of the members applying for and opening new accounts/services or adding signatories to existing accounts/services with the credit union. Information that we are required to obtain includes:
- Name
- Mailing Address
- Residence Address (if different)
- Social Security Number or Tax Identification Number
- Date of Birth
- Copy of a government-issued photo ID (such as a driver’s license, passport, Student ID, State issued ID, etc.) If you are applying on-line, we will need the person applying to present government-issued photo ID in order for opening procedures to be completed.
Additional data or identification, as required under the USA Patriot Act, may also be gathered depending on the type of account applied for or opened. Data on existing members will be gathered as they open or use additional services offered by the credit union or add signatories on accounts. The USA Patriot Act requires the credit union to maintain records of the identification verification and to update the information. Confidentiality of this information will be maintained as required under the Privacy Act and all other applicable laws and regulations