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You provide important information about yourself when you do business with our financial institution. This information is important because it helps us get a better picture of your needs, provide better service, and complete your transactions more effectively. Federal regulations require us to inform you of the types of information we collect, as well as how and with whom we share the information. Below is an outline of our information sharing policy:
I. INFORMATION SHARING WITH NON-AFFILIATED THIRD PARTIES
A. CATEGORIES OF INFORMATION WE COLLECT
We collect nonpublic personal information about you from the following sources:
· Information we receive from you on applications or forms:
· Information about your transactions with us, our affiliates, or others;
· Information we receive from a consumer reporting agency.
B. CATEGORIES OF INFORMATION WE DISCLOSE
We do not disclose any nonpublic personal information about our customers or
former customers to anyone except as permitted or required by law unless the
customer expressly authorizes or requests it.
C. CATEGORIES OF PARTIES WHOM WE DISCLOSE
We do not disclose nonpublic personal information to joint marketing firms, unless
the customer expressly authorizes or requests it.
D. SERVICE AND PROCESSING PROVIDERS EXCEPTION
We choose carefully the companies that provide services for us (such as service and
processing providers or check printers). These companies are contractually
required to adhere to our strict standards of information security and
confidentiality. They are not allowed to use our customer information for any
purpose other than the intended service.
We may disclose the information we collect, as described above, to companies that
provide services and/or processing on our behalf as permitted by law or the
customer expressly authorizes or requests it.
II. INFORMATION SHARING WITH COMPANIES IN A CORPORATE FAMILY (AFFILIATES)
The Fair Credit Reporting Act allows financial institutions that are part of a family
of companies to share information concerning a customer’s account history and
experiences with them within the corporate family.
We are not part of a corporate family and do not have affiliates with whom we
share nonpublic personal information.
III. CONFIDENTIALITY, SECURITY, AND ACCURACY
All our employees are governed by a code of conduct that includes the
responsibility to protect the confidentiality of customers’ financial and other
personal information. Employees are bound by this Privacy Policy and are
educated on implementing our security principles and practices. Only employees
actively engaged in their assigned duties are authorized to access or use customer
information. We maintain physical, electronic, and procedural safeguards that
comply with federal regulation to guard your nonpublic personal information.
We do not disclose information about our customers or former customers to
anyone, except as outlined in this policy or as permitted or required by law, unless
the customer expressly authorizes or requests it. Our strict policies for protecting
customer information apply equally to active and inactive customers. In accordance
with standard banking industry practice, and the Fair Credit Reporting Act, we
share customer information with reputable information reporting agencies.
We work to ensure that the information concerning you is accurate in all aspects.
If we become aware of inaccuracies in our records, we will take prompt steps to
make appropriate corrections.
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