Oppose IRS Reporting Proposal


There is an URGENT matter pending in congress that will effect YOU, our Citizens Bank customer!

The U.S. Congress is currently negotiating next year’s budget bill. As a revenue raising option, the bill could include a new system of information reporting that would jeopardize the security of your personal financial information.

Specifically, there is a proposal that would require financial institutions to automatically report your private detailed information of inflows and outflows accounts with a balance of more than $600. This includes deposits, withdrawals, loan payments, transfers, and more.

Every American has a reasonable expectation of financial privacy, and this proposal would jeopardize that right.

The Texas Bankers Association has created an easy way for you to contact your House of Representatives member as well as Senators Cornyn and Cruz regarding opposition to this proposal.

Simply click the button below to visit TBA's Grassroots Action Center. The second section specifically addresses bank customers and provides a link to "Take Action". You will input your address and select "Customer Opposition Letter" from the group dropdown box. Click "Go" and you will be directed to a new page with an opportunity to enter your contact information and a copy of a pre-prepared letter. You then have options to preview, send or print and mail the letters.

We encourage you to action to help prevent this proposal from infringing on your financial privacy.


J. Roland Velvin, President/Chief Operating Officer

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