Anti-Money Laundering Requirements 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 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 other identifying documents.
We are required to verify the information or documents you provide us. Until you provide and we have verified the information or documents we need, we may not be able to open an account or effect any transactions for you.
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