Important information about procedures for opening or changing an account with The Peoples Bank

Section 326 of the USA PATRIOT ACT requires financial institutions to obtain, verify, and record information that identifies each person who opens an account or changes an existing account.  This Federal regulation applies to all new customers and current customers.  This information is used to assist the U.S. government in the fight against the funding of terrorism and money-laundering activities.

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, Social Security number, and other information that will allow us to identify them.  We will also ask to see each person's driver's license and other identifying documents and copy or record information from each of them.