USA Patriot Act

You Can Help Us in the War on Terrorism

The USA Patriot Act requires credit unions to take extra security precautions to help the government fight the funding of terrorism and money laundering activities. Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. These new procedures are designed to prevent crimes, such as identity theft and account fraud that terrorists commit to finance their operations against the US and its citizens.

Your Understanding & Cooperation Are Appreciated

When an account is opened or changed, you will be asked for your name, address, date of birth, and other information that will allow us to identify you. We will also ask to see your driver’s license or other identifying government issued documents. The definition of an account covers a broad range of regular financial transactions such as deposit, transaction, asset, or credit accounts or other extension of credit. The required verification may be inconvenient for some but a strong deterrent for terrorists and other criminals.

If you are an existing member who joined the credit union before the USA Patriot Act rules became effective we may also need to verify and retain copies of any documents used to verify your identity when you request a new deposit account, apply for a loan or added as a signatory to a new or existing deposit or loan account.

You can rest assured that we will only request the information required by law… and that we will use the information only for purposes of complying with the law. Your privacy is our top concern, and we will respect and protect it as always, consistent with the law’s requirements.

Thank you for your understanding and help in this critical effort. The war on terrorism will be fought on many fronts, and this is one of them.

Please Note: HAFCU Bylaws require that members establish and maintain a minimum savings account balance in order to be a member of HAFCU. The required balance is $5.00. Your account cannot be activated until we receive your membership savings deposit.

If you have any further questions, please contact us at:

Phone: (402) 571-8444
Fax: (402) 571-0462