DALLAS — Linda Armyn, vice president of corporate development and government affairs at Bethpage Federal Credit Union and Carolyn Merchan Saegert, legislative and compliance counsel at the Texas Credit Union League delivered the message that serving new Americans is simple.
In a workshop on the myths and truths about serving new Americans, Saegert discussed the requirements of the Customer Identification Program and what credit unions need to do in order to open accounts for noncitizens.
"All that is required for someone to open an account is an unexpired government-issued, photo I.D., and it doesn't matter which government," Saegert said. "The only requirement for a credit union is: Can you form a reasonable belief that they are who they say they are?"
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