What is the U.S. Patriot Act?
The U.S. Patriot Act was enacted in response to the terrorist acts of September 11th, 2001. The intent is for banks, credit unions and other financial institutions to verify the identity of all people who do business with them. It has become clear that terrorist groups have used our banking industry to funnel money to commit crimes. How does this affect you? The Act was passed in an effort to improve public safety and should not directly affect most people. We will, of course, ask to verify your identification occasionally (once the Act takes affect and periodically thereafter). This is a good safety precaution for you as a member anyway due to increases in identify theft over the past several years. I ve been a member for years, why are you checking my identification? We understand your feeling that it seems silly to check the I.D. of someone we have known for years. However, to guarantee that nobody slips through the cracks the law was written so that all customers and members identi