Important Information About Procedures For Opening Accounts
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 on personal accounts that identifies each person who opens an account. In addition, we will obtain and record information on legal entity accounts that identifies each beneficial owner and a controlling person.
What This Means to You
When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We will also ask to see your driver’s license or other identifying documents.
If you fail to provide the required information, documents to verify your identity, or documents proving the existence of your business within a reasonable period of time of establishing the account, we will initiate procedures to restrict access or close your account.
As a financial institution we are required to do our part to protect the country from terrorists and other types of criminal activity. We cannot waive these requirements. Please help us to protect our country. Thanks for your understanding and for joining us in securing a safer tomorrow.