USA PATRIOT Act
Section 326 of the USA PATRIOT Act requires all financial institutions to verify and register the identity of each person seeking to establish a bank account. In accordance with this Act, an “account” includes all banking relationships related to services, sales or transactions. Some examples include deposit accounts, loans, trust or safe deposit boxes. This information is used by the United States government as a measure against money laundering and terrorism. This means that when you apply to open an account:
- We will ask your name, home or street address, date of birth, social security number and other information to identify you.
- You may be required to show your driver’s license or other photo ID, current and government issued.