Created by the U.S. Congress and signed into law on October 26, 2001, the Patriot Act establishes a variety of new and enhanced regulations aimed at combating and preventing money laundering and the funding of international terrorism. More specifically, Section 326 of the Patriot Act requires that all financial institutions create and maintain a clear and precise policy regarding the identification of customers at the time an account is opened. Bank of Fall River has, therefore, implemented reasonable procedures to obtain, verify and record information, which identifies each person who opens an account and/or establishes a relationship with Bank of Fall River. Failure to provide The Bank with the necessary identification, or providing false information, may result in The Bank’s denial of the requested account relationship. Please be advised that all personal information gathered by The Bank is securely retained and protected under our consumer privacy policy.