WASHINGON – Don't look now, but there may be another, albeit indirect, attack on financial institutions being able to use the so called Matricula Consular cards to open accounts. Congress has adjourned to go and campaign, but before it did the House of Representatives included a measure further attacking the use of the cards as identification in its version of intelligence reform legislation. Credit union matricula supporters argue that the cards are an essential part of their effort to serve predominantly underserved Hispanic populations in their field of membership. A provision of the legislation forbids federal employees from accepting the cards as valid forms of identification. A similar measure that would have forbidden financial institutions from accepting the cards as identification for starting accounts or offering membership was killed in committee. The Senate's version of the legislation does not include the provision. The legislation is meant to enact the recommendations of the bipartisan 9/11 Commission that examined intelligence failures leading up to the attacks of September 11, 2001.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.