Patriot Act Important information about procedures for opening or changing an account with TS Bank.
Section 326 of the USA PATRIOT ACT requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account or changes an existing account. This federal requirement applies to all new clients and current clients. This information is used to assist the United States government in the fight against the funding of terrorism and money-laundering activities.
What This Means For You: When you open an account or change an existing account at TS Bank, we will ask for the following information: your name, physical address, mailing address, date of birth, and other information that will allow us to identify you. We will ask for your driver's license and/or other identifying documents to ensure we know our customer as required by law. A copy or record of the information will be retained by TS Bank.