> That isn't really incentivized in this case. Some smaller credit unions or local banks are less rigorous it seems and that incentivizes whoever wants to stea

> That isn't really incentivized in this case. Some smaller credit unions or local banks are less rigorous it seems and that incentivizes whoever wants to steal the money to go there with a fake ID, bills, etc. > What prefix though? F. Still a nice chunk of money for someone to steal. I guess, what I was surprised about was how different the rules were. Some quite strict, at large institutions, some pretty lax. > How did you check out in terms of signup (long history as resident? local connections?)? Called around and visited a few banks in the area. Not sure if / how they checked the history as a resident? There was no prior relationship with that particular credit union. As you say, perhaps behind the scene they did a rather thorough background check, but it just didn't feel that way at all based on the context.