IMPORTANT INFORMATION ABOUT PROCEDURES
FOR OPENING OR CHANGING AN ACCOUNT WITH
STATE BANK OF RICHMOND
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 customers and current customers. 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
to you: when you open an account or change an existing account, we will ask
each person for their
name, physical
address, mailing address,
date of birth, and other information that will allow us to identify
them. We will ask to see each person’s driver’s license and other
identifying documents and copy or record information from each of them.
