IMPORTANT NOTICE REGARDING LOAN APPLICATION



U.S. Regulatory Information (Important for Compliance

Equal Credit Opportunity Act (ECOA) Information: (Typically includes questions about ethnicity, race, and sex. While applicants are not required to provide this information, lenders are often required to ask for it for monitoring purposes. Clearly state that providing this information is optional.) Patriot Act Information: (May require verification of identity, including requesting copies of identification documents) Property Information (for real estate secured loans): (Full property address, property type, year built, purchase price, etc.)

In order to combat the financing of terrorism and activities related to money laundering, federal law mandates that all financial institutions must collect, verify, and document information identifying every individual opening an account.

What this entails for you:

Upon opening an account, we will request your name, residential address, date of birth, and additional details enabling us to verify your identity. Additionally, we may request to examine your driver’s license or other forms of identification.