To help the government fight the funding of terrorism and money laundering activities, the USA Patriot Act, a Federal law, requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account, including business accounts.
What this means for you: When you open an account, we will ask you 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 other identifying documents. If you are opening an account on behalf of a business entity, documents relating to the business may also be requested. In some cases, identification will be requested for those banking with Bank 34 prior to October 26, 2002 because original documentation was not obtained with the opening of the account.
In all cases, protection of our clients’ identity and confidentiality is Bank 34’s pledge to you.