USA PATRIOT Act

Customer Identification Requirements

In accordance with Section 326 of the USA Patriot Act,  applicants for new accounts are requested to provide current picture identification that verifies identity including name, address, and other identifying information.  In some cases, identification will be requested for current account holders if original documentation was not obtained with the opening of the account.  In all cases, protection of our customer’s identity and confidentiality is our pledge to you.

Legal Entity Account 

Section 326 of the USA Patriot Act requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account for a covered 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.