The
following privacy principles were established to maintain the
security, integrity and confidentiality of your personal financial
information.
The type
of information we collect:
We routinely
collect and retain the information we obtain from your account
applications, transaction history (for deposits, loans, credit
cards, etc.) and from consumer reports. This information helps
us:
- To establish
and administer your accounts.
(Example: We ask for personally identifying information to
protect your accounts from fraud.)
- To satisfy
certain regulatory requirements. (Example: When you open an
account that pays interest, we are required by the Internal
Revenue Service to obtain your social security number)
- Better
understand you so that we may provide you with additional
or improved products and services.
(Example: We require information concerning your credit history
and your assets to determine if you qualify for loan approval.)
THE TYPE
OF INFORMATION WE SHARE
We do not disclose any nonpublic personal information about our customers or former customers, except as permitted by law.
How is that
information protected?
Access to
your personally identifiable financial information is limited
to employees with a specific business reason for utilizing this
data. Our employees are educated about the importance of maintaining
confidentiality and customer privacy, if necessary, we take
appropriate disciplinary steps to enforce our employees' responsibility
to protect your very personal information.
In order
to prevent unauthorized access to your information, we maintain
security standards and procedures that conform to Federal standards.
These security standards and procedures are routinely tested
to verify the integrity of our systems.
The policies
referred to includes but not limited to the Security policy,
Internal control policy, and the microcomputer policy.
