Patriot Act

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT AT THE FARMERS & MERCHANTS BANK OF KENDALL

CUSTOMER IDENTIFICATION REQUIREMENTS

SECTION 326 OF THE USA PATRIOT ACT SAYS WE MUST DO THE FOLLOWING:

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 (WHICH INCLUDES SAFE DEPOSIT, LOANS AND DEPOSIT ACCOUNTS).

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 DRIVERS LICENSE OR OTHER IDENTIFYING DOCUMENTS.  WE MAY VERIFY THE INFORMATION YOU GIVE US AND WILL MAINTAIN A RECORD OF THIS INFORMATION.

IN ALL CASES PROTECTION OF OUR CUSTOMER’S IDENTITY AND CONFIDENTIALITY IS THE BANK’S PLEDGE TO YOU.