Skip to main content
U.S. flag
An official website of the United States government
Dot gov
The .gov means it’s official. 
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
Https
The site is secure. 
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
Federal Register Publications

FDIC Federal Register Citations



 Home > Regulation & Examinations > Laws & Regulations > FDIC Federal Register Citations



FDIC Federal Register Citations

September 3, 2002

Federal Deposit Insurance Corporation
550 17th ST. NW.
Washington, DC 20429

Subject: Proposed Rule on Customer Identification Program

I feel that the Bank Secrecy Act and the USA Patriot Act is comprehensive enough without adding a new section. We already have a written policy about BSA. All banks should he checking identification and the OFAC list when opening a new account. What do you hope to gain other than more paperwork and written policies?

Community banks such as ours are not at risk for terrorist and money launderers like large banks in metropolitan areas. There would be the place for more regulations. A small community would have a hardship by this proposed rule. This regulation is not meaningful to all banks and areas of the country

Sincerely,

Sue O'Brien, Auditor
Commercial Bank
Parsons, KS

 
Last Updated 09/06/2002 regs@fdic.gov

Last Updated: August 4, 2024