Anti-Money Laundering Disclosure


Under new rules required by the USA PATRIOT Act, our anti-money laundering program must designate a special compliance officer, set up employee training, conduct independent audits, and establish policies and procedures to detect suspicious transactions and ensure compliance with the new laws.  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.  Until you provide the information or documents we need, we may not be able to open an account or effect any transactions for you.  CMS may use an outside source to verify your identity.  If you have specific questions with regards to our policy, please contact the AML compliance officer, Melissa Glennie, at 952-893-1200.