Customer Information Program

Electronic Funds Transfer Agreement

Deposit Agreement

Fee Schedule

Funds Availability Policy

Privacy Policy

Security Statement

Terms of Use


Regulation GG

Disclosure Statements

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In response to the devastating events of September 11, 2001, Congress passed the USA PATRIOT Act, an acronym for Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism. The intent of the law is to reduce the opportunities for people to establish bank accounts in the United States using fraudulent identification and then use the money in those accounts to fund terrorist activities.

How does this law apply to me?

The USA PATRIOT Act requires minimum standards for verifying the identification of persons opening bank accounts in the United States. The law also requires banks to take any steps we deem appropriate to verify the identity of our customers. This may include the use of credit reports and similar sources of information about you.

When opening any type of bank account with Century Bank Direct, you will be required to provide:

Your full name
Your street address (where you live)
Your mailing address (if different from where you live)
Your date of birth
Your social security number
Answer a short series of additional questions about yourself
Your driver’s license number or other form of identification which includes
a verifiable identification number
an issue and an expiration date

What will happen if I do not provide the information or documents you request?

The USA PATRIOT Act requires that all banks in the country obtain the same information to help protect your country from terrorism and you from identity theft. If you do not provide the information we require to open banking accounts, under federal law, we will not be permitted to open the account you wish to receive.

What if I already have accounts with Century Bank and want to open another account?

In many cases when opening additional accounts, we may have all of the information necessary currently in your file and you will not be required to provide the information again. However, we may ask that you provide complete information again simply to verify the information we currently have on file. Or, we may verify the information we currently have via a credit report or other similar information source.

What will happen with any information or documents I give you?

Your information will be kept confidential and will not be shared with others outside the bank the guidelines established by the USA PATRIOT Act. There is a federal right to financial privacy law that protects you from unwarranted intrusion by federal agencies. The USA PATRIOT Act deals more with us knowing more about our customers and sets consistent guidelines for us to follow.
Century Bank of Kentucky, Inc