Policies

 

Providence Bank Website Policies

Terms of Use

Current site goes to PDF, can they provide copy/paste content?

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

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 on personal accounts identifies each person who opens an account.

 

In addition on legal entity accounts, we will require identification on beneficial owners and controlling person.

IMPORTANT INFORMATION ABOUT OPENING A LEGAL ENTITY ACCOUNT

Section 326 of the USA Patriot Act requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account for a covered Legal Entity.  New rules under the Bank Secrecy Act will aid the government in the fight against crimes to evade financial measures designed to combat terrorism and other national security threats.  Each time an account is opened for a covered Legal Entity, we are required to ask you for identifying information (name, address, date of birth, social security number and identification documents) for: each individual that has beneficial ownership (25% or more) in the Legal Entity; and, one individual that has significant managerial responsibility for the Legal Entity. 



What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

 

Do Not Call Policy

Policy Statement

Providence Bank respects the wishes of those customers and prospective customers who do not want to receive telephone solicitation calls from the Bank in their homes. It is the policy of the Bank not to make a telephone solicitation call to:

  • any person who has requested that the Bank not make such calls to the person’s residence; or
  • any person who has put his or her telephone number on a national or state Do Not Call registry, except as otherwise permitted by law.

A “telephone solicitation call” means any call that is made for the purpose of encouraging the purchase of products and services from the Bank.

The Bank maintains a list containing the telephone numbers and names (if provided) of those persons who have told the Bank that they do not want to receive telephone solicitation calls from the Bank. Anyone may be placed on the Bank’s Do Not Call list by:

The request must provide the 10-digit residential telephone number that is not to be called and the person’s name, if desired.

Once a request has been made, the Bank will add the telephone number and name (if provided) to the Bank’s Do Not Call list within thirty (30) days. The Bank will maintain the telephone number and name (if provided) on the Bank’s Do Not Call list for five (5) years, unless a request is made by the person to have the number removed. If a person’s telephone number changes, another request must be submitted to have the new number added to the Bank’s Do Not Call list.

Questions

The Bank intends to comply with all federal and state Do Not Call laws. Any questions concerning the Bank’s Do Not Call Policy may be directed to:

Banking Center Manager
Providence Bank
P. O. Box 1127Alpharetta, GA 30009-1127

Phishing

ALERT: Fraudulent Emails Claim to be from FDIC.

Providence Bank will never request personal information such as your username, password, social security number, etc. via e-mail or the internet. Furthermore, Providence Bank will never ask you to download files contained in an e-mail message. If you receive such an e-mail or request from an entity purporting to be Providence Bank, the FDIC or any other regulatory entity, please contact Providence Bank at 678-624-2265 and ask to speak with the Bank Security Officer

Prohibition on Unlawful Funding of Internet Gambling

The Unlawful Internet Gambling Enforcement Act of 2006 prohibits gambling businesses form disbursing or accepting payments in connection with unlawful internet gambling. Under the Act, any person engaged in the business of betting or wagering (as defined in the statute” is prohibited from completing “restricted transactions”, or knowingly accepting payments in connection with the participation of another person in unlawful Internet gambling.

Providence Bank will not open accounts for any business involved in the type of activity. However, as required by law, we monitor all account activity, and will restrict any transactions connected with unlawful Internet gambling. If unlawful Internet Gambling activity is detected, the account may be restricted or closed.

 

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