Reg GG: Prohibition on Unlawful Funding of Internet Gambling
The unlawful Internet Gambling Enforcement Act of 2006 prohibits gambling businesses from disbursing or accepting payments in connection with unlawful Internet gambling. Under the Act, any person engaged in the business of betting or wagering (as defined by the statute) is prohibited from completing "restricted transactions," or knowingly accepting payments in connection with the participation of another person in unlawful Internet gambling. Security Credit Union will not open accounts for any businesses involved in this type of activity. However, as required by law, we monitor all account activity, and will restrict any transactions connected with unlawful Internet gambling. If unlawful Internet gambling is detected, the account may be restricted or closed.
Excessive or Luxury Expenditures Policy
To view Security Credit Union's policy regarding excessive or luxury expenditures, please see the document below.