We comply with the Unlawful Internet Gambling Enforcement Act (UIGEA – Regulation GG) by performing due diligence at the time of account opening for business/commercial accounts. It is the policy of the credit union to restrict the opening of any business/commercial account which knowingly participates in restricted transactions under the Act. If the credit union becomes aware of a business/commercial account conducting restricted transactions, the account will be closed.
Restricted transactions are prohibited from being processed through your account. Restricted transactions are those in which a person engaged in the business of betting or wagering accepts credit, funds, checks, instruments or other proceeds from another person in communication with unlawful internet gambling. We may block or reject any such restricted transactions. Further, we reserve the right to block or close any account which we believe is in receipt of such transactions.