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To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions obtain, verify and record information which identifies each person or organization opening an account. In addition, on legal entity accounts, we will require identification on beneficial owners and controlling person.
When an account is opened, we will request name, address, date of birth and other information which will allow us to identify all signers. We may also require presentation of a driver’s license, passport or other identifying documents.