USA Patriot Act Notice

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING AN ACCOUNT

In an effort to protect you and our country Section 326 of the USA PATRIOT Act was signed into law. 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 person who opens an account for themselves or a covered Legal Entity.

What does this mean to you if you are opening an account for yourself?
When you open an account, we will ask each person for their name, address, date of birth and other information that will allow us to identify them.  We may ask to see each person’s driver’s license or other identifying documents.

What does this mean to you if you are opening an account for a Legal Entity?
New rules under the Bank Secrecy Act will aid the government in the fight against crimes to evade financial measures designed to combat terrorism and other national security threats.  Each time an account is opened for a covered Legal Entity, we are required to ask you for identifying information (name, address, date of birth, social security number and identification documents) for: each individual that has beneficial ownership (25% or more) in the Legal Entity; and, one individual that has significant managerial responsibility for the Legal Entity. 

We proudly support all efforts to protect and maintain the security of our customers and our country.