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YOUR PRIVACY IS IMPORTANT
TO US You provide important information about yourself to a variety of businesses and organizations. The same is true when you do business with our financial institution. You’re asked to provide us with certain information that helps us give you better service and complete your transactions more effectively. We work diligently to safeguard the information you give us.
In fact, we developed the following policies to ensure you
confidentiality and maintain your confidence in our institution.
These policies detail the strict standards we have in place.
For this reason we ask that you please read the following
information carefully. NOTICE OF YOUR FINANCIAL We, our and us. When used in this notice, means The Bank of Magnolia Co. This is our privacy notice for our customers. When we use the words “you” and “your” we mean the following types of customers: · Our consumer customers who have a continuing relationship by purchasing or holding financial products or services such as a(n) · Deposit Accounts · Loan Account · Safe Deposit box We will tell you the sources of the information we collect about you. We will tell you what measures we take to secure that information. We first define some terms. Nonpublic personal information means information about you that we collect in connection with providing a financial product or service to you. Nonpublic personal information does not include information that is available from public sources, such as telephone directories or government records. Hereafter, we will use the term “information” to mean nonpublic personal information as defined in this section.
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An affilliate
is a company we own or control, a company that owns or controls
us, or a company that is owned or controlled by the same company that
owns or controls us. Ownership
does not mean complete ownership, but means owning enough to have
control.
A nonaffiliated
third party is a person we do not employ or a company that is
not an affiliate of ours. This
is also known as nonaffiliated third party, or simply, an “other
party.” THE INFORMATION WE
COLLECT We collect information about you from the following sources: · Information you give us on applications or other forms · Information about your transactions with us · Information about your transactions with other parties · Information from a consumer reporting agency INFORMATION WE DISCLOSE We do NOT disclose any information about you to anyone, except as permitted by law. This might include disclosures necessary to service your account, perform joint marketing or prevent unauthorized transactions. THE CONFIDENTIALITY, SECURUTY, AND INTEGRITY OR YOUR INFORMATION We restrict access to information about you to those
employees who need to know that information
to provide products or services to you.
We maintain physical, electronic, and procedural safeguards to
protect this information. INFORMATION ABOUT FORMER CUSTOMERS We do not disclose information about former customers, except as permitted by law. |
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