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Important Information About Procedures For Opening A New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, very, and record information that identifies each person who opens an account.
What this Means For - 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 may also ask to see your driver's license or identifying documents.
What is the Patriot Act? - The Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, known as USA PATRIOT Act or simply the Patriot Act, is an American act which President George W. Bush signed into law on October 26, 2001. Originally passed after the September 11, 2001 attacks, the Act was formed in response to the terrorist attacks against the United States, and dramatically expanded the authority of American law enforcement for the stated purpose of fighting terrorism in the United States and abroad. It has also been used to detect and prosecute other alleged potential crimes, such as providing false information on terrorism.