USA Patriot Act Notice

USA Patriot Act Notice

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT OR FOR A REQUEST FOR CREDIT

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 that identifies each individual or business that opens an account or request credit.

What this means for individuals:

When an individual opens an account, or request credit, we will ask for their name, address,date of birth, Social Security number and other information that allows us to identify them. We may also ask to see their driver’s license or other identifying documents.

What it means for businesses:

When a business opens an account or requests credit , we will ask for the business name, business address, Employer identification Number, and other information that allows us to identify the business and signatories. We may also ask to see other identifying documents showing existence of the business.

USA PATRIOT ACT, SECTION 326