Certification Regarding Beneficial Owners of Legal Entity Customers for First Renewal of Loan or CD

Updated 04/19/2018

For loans or certificate of deposit (CD) accounts opened before May, 11, 2018, the bank may use this sample form to obtain certified beneficial ownership information of the legal entity customers at the time of the first renewal of such loans or CD accounts. This sample certification form includes agreement to notify bank of any changes to beneficial ownership information in writing.

Members Can Download This Tool

Login to Download


Not Yet a Member?

Our members enjoy:

On-demand regulatory guidance hotline – by chat, phone and email – available from anywhere, on any device – 7 am - 6 pm, M-F, Central time 

Research time saved daily & weekly across forms, checklists, and trainings — for every regulation

Hours of form-building and branding of bank documents saved; in some cases, even the budget of additional staff

A sounding board for support and reassessment when institutional goals or the regulatory environment changes

Access to attorneys and compliance specialists for risk modelling and decision-making in advance of large business decisions

The knowledge that C/A was created and owned by 30 State Bankers Association to provide bank compliance services to their membership organizations

Find out how a personalized team of attorneys and compliance professionals helps build targeted compliance strategies throughout your institution when you take our Live Membership Demo.

Become a Member