From: Faith Beavert
Sent: Thursday, September 05, 2002 3:55 PM
To: Comments
Subject: Proposed Rule on customer Identification Program - FIL 92-2002;
Dear Sir,
Please accept these comments regarding the proposed rule on the newly
required Customer Identification Program. I can appreciate the fact in
light of September 11th that we must do everything we possibly can to
prevent terrorist attacks and seek out terrorist. However, the
requirements that this proposed rule is very hard for a "small home town
bank" to enforce. We know most of our customers. We go to church with
these people our kids go to school with our customers. We socialize with
these people everyday. The mountains of paperwork that would be required
to keep on file would just simply be a burden on a "small town bank." We
do not have enough space to house this information. Can you image some of
our customers that have done business with us for years being asked to
furnish us a copy of the drivers license for our file. This is not only
inconvenient for our customers but it may also make some irate.
Please rethink this proposed rule and allow some flexibility as to people
that are our customers. The people that have been customers for many years
should not have to furnish this information. Please do not put a burden on
"small home town banks" to have to keep up with this tremendous amount of
paper that this rule would require.
Faith Beavert
Vice President
Bank of Prescott
P.O.B. 490
Prescott, AR 71857
