This change only impacts select Forma members. All members impacted will be notified directly via email about account changes. If you have not been notified, then this change does not impact your account.
No, HSA members will not have to re-do CIP if you complete the CIP process before the transfer of funds on Monday, December 16.
However, if you do not complete the CIP process before the transfer of funds, then you will need to agree to opening a Thread Bank account and continue the CIP process after the banking migration is completed on Thursday, December 19 to be able to successfully open your account with Thread Bank. Forma will email any member whose CIP process is disrupted by the migration to help you get started with CIP once again.