Under the US Patriot Act passed in 2001, financial institutions are required to obtain, verify, and record certain identifying information of customers at the time of account opening.These requirements are aimed at combating money laundering and international terrorism. Failure to provide us with the necessary information could result in us being unable to establish a banking relationship. When opening an account, you will be asked to provide your name, address, date of birth, and other information that allows us to verify your identity.