MEMBERSHIP REQUIREMENT Who can Join? Any appointed Police Officer of the following departments either active or retired, together with the employees and the legal advisor to the Professional Police Officers Credit Union, and members of their families as hereinafter defined, are eligible for membership.
Members of the family of the above described persons include spouse, parents, children and their spouses, siblings and their spouses, nieces and nephews and their spouses, stepparents, stepchildren and their spouses, stepsiblings and their spouses, grandchildren and their spouses and step grandchildren and their spouses. In the event a member predeceases a non member spouse, the non member spouse may become a member for the purposes of continuing as a member of the Credit Union. In the event a member has a relationship of a separate business entity then such entity may be a member upon election. Upon election to membership and upon paying for and maintaining ten (10) or more shares (par value of $5.00 per share) an applicant shall become a member of this Credit Union.
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 or legal entity that opens an account or establishes a member relationship. Federal law also requires all U.S. financial institutions to obtain, verify, and record information that identifies the beneficial owners of a legal entity that opens an account or establishes a member relationship. What this means to you: when you open an account, we will ask for your name, address, date of birth (as applicable), and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. In addition, if you enter a new member relationship on behalf of a legal entity, we will ask for the names, addresses, dates of birth and other identification information of the beneficial owners of the legal entity. This information will be used to verify your identity and, in the case of a legal entity member, the identity of the beneficial owners. As appropriate, the Credit Union may, in its discretion, ask for additional documentation or information. If all required documentation or information is not provided, the Credit Union may be unable to open an account or establish a relationship with you.
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