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, verify and record information that identifies each person who opens an account.
What this means to 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 will ask to see your driver's license or other identifying documents.Legal Entities
When you open a new account for a covered Legal Entity, we will ask you for identifying information (name, address, date of birth, social security number as well as identification documents) for each individual who has beneficial ownership (25% or more) of the Legal Entity and one individual who has significant managerial control of the Legal Entity.
If you are opening an account on behalf of a Legal Entity, you will be asked to provide the appropriate documentation and to certify that this information is true and accurate to the best of your knowledge.