Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006

The UIGEA, signed into law in 2006, prohibits any person engaged in the business of betting or wagering (as defined in the Act) from knowingly accepting payments in connection with the participation of another person in unlawful Internet gambling. The Department of Treasury and the Federal Reserve Board have issued a joint final rule, Regulation GG, to implement this Act.

As defined in Regulation GG, unlawful internet gambling means to place, receive or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received or otherwise made.

As a customer of Parkvale Bank, you should be aware of the following:

• These restricted transactions are prohibited from being processed through your account or banking relationship with us.
• Restricted transactions involving an ATM/Debit Card, ACH transfer, Wire Transfers, or Bill Payment are prohibited.
• If you do engage in an Internet gambling business, we will be unable to establish an account on your behalf for this business.

For additional information on restricted transactions, please contact Customer Service at (412) 380-8900.