PATRIOT ACT'S MEMBER IDENTIFICATION POLICY CUSTOMER IDENTIFICATION PROGRAM (CIP) The CIP requires financial institutions to create policies and implement procedures to collect and verify enough identification information to form a "reasonable belief" that it knows the true identity of a member/customer. It also requires that financial institutions crosscheck the names of members or account signers against the government's list of known or suspected terrorists.
ACCOUNTS THAT ARE SUBJECT TO THE CIP All deposits and loan accounts are subject to the PATRIOT ACT including but not limited to new members, existing members who apply for a loan and/or members who are added as a signatory to a new or existing deposit or loan account. This includes individuals, and anyone representing a business and/or other organizations' and all signatories on accounts, whether added at the time the account is opened or at a later time.
The following is a list of acceptable means of identification (must have two forms)
Current drivers license with photo
Social Security Card
Employer ID (or copy of check stub)
Other government issued document that would provide evidence of nationality or residence and bears a photograph or a similar safeguard.
Children's form of identity
Social Security Card
Verification of identity by Parent (s) or Grandparent (s)
Copies of these documents must be received and kept by the Credit Union in the member's file.
If the member is not able to open an account in person
A notarized document of the member's signature and a copy of Picture ID and Social Security card must accompany the Membership Card before a person can become a member. All signers on the card must also provide the same information.
1 Cooperative Way
P.O. Box 194208
Little Rock, AR 72219
2016 Holiday Closings:
Jan 1 - New Year’s Day
Jan 18 - Martin Luther King, Jr. Day
Feb 15 - Presidents Day
May 30 - Memorial Day
July 4 - Independence Day
Sep 5 - Labor Day
Oct 10 - Columbus Day
Nov 11 - Veterans Day
Nov 24 & 25 - Thanksgiving December 26 - Christmas