In accordance with section 326 of the USA PATRIOT Act signed October 26, 2001 all persons are subject to the identity verification requirements even though they may be a long term customer of and well known to Park Bank.
For the purpose of the regulation, an "account" includes every formal banking relationship that entails ongoing services, dealings or transactions. Some examples are a deposit account, loan, trust relationship or safe deposit box rental.
If you request to open an account or become a signatory on an account with Park Bank and Park Bank has not previously verified your identity under the regulatory requirements, Park Bank will request documentary verification of your identity, such as driver's license or passport and/or it will verify your identity through other nondocumentary methods. Similar identification requirements apply to business entities such as corporations and partnerships.
In all cases protection of our customer's identity and confidentiality is Park Bank's pledge to you.