(CIP) Notice Customer Identification Program 

Important Information About Procedures For Opening A New 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, 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 or other identifying documents.  

 

 

 

 

 

Peoples Savings Bank has chosen not to participate in the FDIC's Transaction Account Guarantee Program. Customers of Peoples Savings Bank with noninterest-bearing transaction accounts will continue to be insured for up to $250,000 under the FDIC's general deposit insurance rules.