Compliance Center: Members Wanting to Open Accounts Without Providing Any Taxpayer Identification Number

Setting the record straight on identification required to open accounts; your question answered about identifying non-U.S. persons under CIP; plus this week’s legal briefs.

Compliance Center: TCPA Court Ruling Highlights Human Intervention

See how human intervention impacted a recent court ruling on a TCPA complaint; your question answered on opening an account for someone without a Social Security number; plus this week’s legal briefs.

Oregon DMV To Issue Alphanumeric Licenses, ID Cards

Oregon’s Department of Motor Vehicles will begin issuing driver’s licenses and ID cards Oct. 21 that use alphanumeric sequences instead of just numbers. The change may require modification to some technology systems.

Oregon Driver License Numbers to Change Format

The Oregon DMV will begin issuing driver licenses and ID cards with an alphanumeric number within the next few years. Credit unions should make sure their systems are prepared to handle this subtle change.

Compliance Question of the Week

Would we use the executor’s Social Security Number on an estate account as opposed to the deceased member’s? Would this decision be due to IRS Ruling 84-73?

Identifying Identity Theft

The economic cost of identity theft to members and credit unions is staggering, and the problem is only growing. What can you do to protect your identity?

Tips for ID’ing ID Theft

Recent estimates show that as many as nine million people have their identities stolen in the United States every year. Chances are you may already know someone who is a victim of this crime.