IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
In accordance with Section 326 of the USA Patriot Act signed October 26, 2001, NORDIC BANK LIMITED is required to obtain a copy of the documents used in identifying our members opening new accounts and in identifying signatory individuals added to an existing or new account. 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. What This Means For You: 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. We may also ask to see your drivers license or other identifying documents. In some cases, identification will be requested for those individuals transacting business with NORDIC BANK LIMITED prior to the effective date of the member identification requirements because original documentation was not obtained with the opening of the account, or the Credit Union is unable to form a reasonable belief that it knows the true identity of the existing member. In all cases protection of each members identity and confidentiality is NORDIC BANK LIMITEDs pledge to you.
