Patriot Act Disclosure
USA PATRIOT Act Notice to Customers of Identity Verification Requirements
To assist the U.S. government fight the funding of terrorism and money laundering activities, Federal law requires all Financial Institutions, including POPA Federal Credit Union, to obtain, verify, and record information that identifies each person who opens or is added to an account.
What this Means for You:
When you open a new account, or amend an existing account, we will ask 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 identifying documents.
When Opening or Amending an Account via U.S. Mail:
We may verify the information we receive via U.S. Mail through alternative methods that allow us to establish a reasonable belief that we know your true identity. These methods include, but are not limited to, credit reports from consumer reporting agencies, contacting your employer to verify employment, comparing information received against other consumer databases, checking references and requiring you to have your signature notarized.
When We Decide Not to Open a New Account
If we cannot establish a reasonable belief that we know your true identity, we will notify you within 30 days of your application.