USA Patriot Act
Important Information about Procedures for Opening an Account
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 this means for you: When you open an account at Monument Bank, 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 driver’s license and other identifying documents.
While we will know many of you that come into open an account, we will require these documents to open your account. We apologize for any inconvenience this may cause; however, Federal law prohibits us from waiving these requirements.