A recent proposal in Washington would require banks to report to the IRS on the inflows and outflows of all accounts worth over $600. Under the proposal, Exchange Bank would be required by the government to report your account information to the IRS.
We care about you and your privacy and want you to know about this potential change proposed by Washington policymakers. If you want to learn more about these issues or share your opinion with Congress, visit banklocally.org/privacy.
Thank you for being a valued customer of Exchange Bank.