To help the government fight the funding of terrorism and money laundering activities, Federal law requires 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, the affiliate of TMI Trust Company responsible for your account will ask for you name, address, date of birth, and other information or identifying documents that will allow us to identify you. This information is subject to verification. By signing and submitting your customer agreement, you give TMI Trust Company and its agents permission to collect information about you from third parties, including information available in public and private databases such as consumer reports from credit reporting agencies, which will be used to help verify your identity.
If you do not provide the information, we may not be able to open your account. If we open your account but are unable to verify your identity, we reserve the right to take such other steps as we deem reasonable, including closing your account.