Notices

IMPORTANT NOTICES

Patriot Act

Effective October 1, 2003

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 does this mean 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 will also ask to see your driver’s license or other identifying documents.
Unlawful Internet Gambling Enforcement Act
The Unlawful Internet Gambling Enforcement Act prohibits any person engaged in the business of betting or wagering from knowingly accepting payments in connection with the participation of another person in unlawful internet gambling. The Dept. of Treasury and the Federal Reserve Board have issued a joint final rule, Regulation GG, to implement this Act.

As defined in Regulation GG, unlawful Internet gambling means to "place, receive or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received or otherwise made." Restricted transactions are prohibited from being processed through your account.

For additional information or questions regarding Regulation GG or the UIGEA, click here.
Currency Transaction Reports
Review our latest CTR reference here.