IDENTITY VERIFICATION NOTICE
In order to prevent the use of the U.S. banking 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.
Effective October 1, 2003, Tempe Schools Credit Union is required to verify the
identity of members applying for and opening new accounts or services with the credit
union. This requirement cannot be waived.
Information we are required to obtain include name, mailing and residence address,
tax identification number, date of birth and a copy of a government issued photo
ID. Additional data 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.
The Act requires us to maintain records of the identification verification and periodically
update this information. Confidentiality of the information maintained by the credit
union will be maintained as required under the Privacy Act.