R Bank’s USA Patriot Act Disclosure: Federal Law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. (Section 326 of the USA PATRIOT Act of 2001).
What This Means to You: When you open a new account with R Bank, we will ask for your name, address, date of birth, identification number, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. This information may be compared to information obtained through third-party sources, as permitted by law. If we cannot verify this information, your account may not be opened or it may be restricted and/or closed, and we will not be responsible for any losses nor damages including, but not limited to, lost opportunities, you may incur as a result.
Your deposits are FDIC-insured up to the allowable limits.