Becoming A Member

Question 1

Who is eligible for membership?

Answer 1

Anyone who:
Lives, works, worships, studies, or has family who is eligible to be a member

Question 2

What are the 4 identifying documents/info. required to open an account?

Answer 2

1. Legal name
2. Date of birth
3. Social security number
4. Physical address

Question 3

What documents does a minor need in order to open an account?

Answer 3

1. Original or certified birth certificate
2. Social security CARD
3. Student ID (optional)

a learner’s permit may be used in place of birth certificate

Question 4

What documents can be used to verify identity?

Answer 4

1. VALID driver’s license
2. Gov. Issued ID
3. US passport
4. Military ID
5. Resident Alien card
6. Law Enforcement ID
7. SSC
8. Medical card
9. Benefits card
   (Must have photo)

Question 5

Ways a physical address can be verified are…

Answer 5

1. Utility bill
2. Bank statement
3. Paystub
4. Mortgage/lease/rental agreement
5. Gov. Issued documents (ex. Water bill, tax receipts)
6. School documents

Question 6

When can a minor open an account?

Answer 6

-Minors can open a primary share account on their own at age 13.
-Any other account must be opened jointly with someone of legal age.

Question 7

What are the 3 types of CU charters?

Answer 7

1. Community charter- serves anyone who is eligible to be a member
2. SEG charter- select employee group
3. TIP charter- all members of a specific trade or profession are eligible

Question 8

What is CIP/MIP and why must we use it?

Answer 8

Customer/Member Identification Program

It is a federal regulation to adhere to the Patriot Act.