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. This new policy is in compliance with the USA PATRIOT Act's Customer Identification Policy (CIP).

Midwest Family Federal Credit Union's Member and Customer Identification Program will consist of this board approved policy as well as procedures established by management that at a minimum will include:

• Verifying the identity of any member or customer seeking to open an account
• Maintaining records of the information used to verify identity, using either unexpired government-issued documents or non-documentary verification methods; and
• Determining whether the customer appears on any government lists provided to the credit union by federal agencies, when these federal lists are issued.

What this means for you: New members establishing any type of account on or after October 1, 2003 will be subject to the CIP procedures. When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. Midwest Family FCU will take reasonable steps of verifying identities as required by the Treasury Department's CIP regulations.