To our account holders and potential account holders:
In accordance with Section 326 of the USA Patriot Act of 2011, which requires the Westmoreland water FCU to help the government fight the funding of terrorism and money laundering activities, Westmoreland Water FCU is required to obtain basic identifying information from you and verify threat information when you open a new account.
This means the Westmoreland Water FCU staff will ask you for some basic information such as your name, address, date of birth, and other information designed to help us identify you. Westmoreland Water FCU staff will also ask to see documents identifying you such as a social security card, driver’s license, passport, and /or some other government –issued document. We are also required to verify the information by other means. We reserve the right to request additional information and/or signatures from you from time to time.
In some cases, identification will be requested for those individuals conducting business with Westmoreland Water FCU prior to the effective date of the member identification requirements. This is because original documentation was not obtained with the opening of the account or Westmoreland Water FCU is unable to form a reasonable belief that it knows the true identity of the existing account holder.
In all cases, protection of our member’s identity and confidentiality is the Credit Union’s pledge to you. Westmoreland Water FCU appreciates your patience and understanding as we all do our part in complying with the new account identification procedure required by the federal USA Patriot Act of 2001.
