2. Please mail this application along with a copy of your identification (*such as a valid drivers license, passport or valid government issued I.D.) and your opening initial deposit to:
Sb1 Federal Credit Union
PO Box 7480
Phila PA 19101-7480
3. You will also need to send in your opening initial deposit (check made payable to Sb1 Federal Credit Union). We recommend $50 or $100 to ensure you're getting off to a good start!
*Important information about procedures for opening a new account:
As required by the USA Patriot Act of 2001, which requires Sb1 Federal Credit Union to help the government fight the funding of terrorism and money laundering activities, Sb1 Federal Credit Union must obtain basic identifying information from you and verify that information when you open a new account.
This means Sb1 Federal Credit Union staff will ask you for some basic information such as your name, address, date of birth and other information designed to help us identify you. Sb1 Federal Credit Union staff may also ask to see documents identifying you too such as a driver's license, passport or some other government-issued document. Sb1 Federal Credit Union appreciates your patience and understanding as we all do our part in complying with the new account identification procedures required by the federal USA Patriot Act of 2001.
If you live, work, worship or attend school in Philadelphia (south of Lehigh Ave), you're eligible.
All members of your household (persons living under your roof) can now become Credit Union members as well! That means any person sharing a residence as part of a single-family unit, including domestic employees and others who live together as part of a family unit. An individual may be considered to be living in the same household although he or she is temporarily absent from the residence, such as children in college or the military.
Yes. If you are related in one of the ways listed above to someone who has access to open accounts themselves, you are eligible to open Sb1 accounts for yourself (even if your relative hasn't yet).
Even if you leave the company or organization (or family) that provided you the chance to join Sb1, your membership remains.
Important information about procedures for opening a 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 you 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.