On October 26th, 2001, President Bush signed into law the U.S. Patriot Act. The intention of this act is to help shore up our homeland security in order to prevent the events of September 11, 2001 from happening again.
Some provisions of this act were to be implemented at later dates. One section, the Customer Identification Program, was instituted effective October 1, 2003. The following statement addresses Greenfield Banking Company’s compliance with the Customer Identification Program
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 that this bank obtain, verify, and record information that identifies each person who opens an account with us.
What this means for you: When you open an account with us, we are required by law to ask for your name, address, date of birth, driver's license, and any other information we need to clearly identify who you are. We apologize for any inconvenience this may cause you. Please recognize that we must obey the law.