|
| |
|
At Skowhegan Savings Bank,
protecting the privacy and confidentiality of your personal
information is important to our employees and to us. We value your
business and the trust you put in Skowhegan Savings Bank. To offer
you the financial products and services you seek, we collect,
maintain, and use information about you on a routine basis. To help
you better understand how your personal information is protected
here at Skowhegan Savings Bank, we are providing you with the
following statement describing our practices and policies with
respect to the privacy of consumer information. In the event you
terminate your customer relationship with us, or become an inactive
customer, we will continue to adhere to the policies and practices
described in this notice.
“Consumer” means an individual
who obtains or has obtained a financial product or service from a
bank, that is to be used primarily for personal, family, or
household purposes, or that individual’s legal representative.
As a trusted financial institution, we
collect, retain, and use nonpublic personal information about
individual customers, allowed by law, to provide products and
services to our customers. We may collect nonpublic information
from such sources as:
- Applications or other forms;
-
Information about your transactions
with us, our affiliates, or others; and
-
Information we receive from a consumer
reporting agency;
-
Information about Web site usage
statistics, including IP address, domain name source, origin
(State, County), time at site, number of hits, browser used, and
operating system used.
We collect, retain,
and use the above listed information about users of our Web site
only where we reasonably believe that it will help administer
our business or provide products, services, and other
opportunities to our customers. We use this information to help
us design or improve our products and services, and to
understand our customer's financial needs so that we can provide
them with quality products and superior service.
We may disclose nonpublic information
about you with nonaffiliated third parties under certain
circumstances to provide account services. Any nonpublic
personal information shared is conducted in strict adherence to
applicable law. We do not disclose any nonpublic personal
information about you to anyone, except as permitted under law.
|
Who Receives Information and Why
|
We do not disclose any nonpublic
personal information about our customers, or former customers,
to anyone, except as permitted by law. We may exchange such
information with our affiliates and certain nonaffiliated third
parties (under limited circumstances) to the extent permissible
under law to service your account, offer you products or
services we believe you may find valuable, report to credit
bureaus, manage risk, and other financial services related
activities. Late payments, missed payments, or other defaults on
your account may be reflected in your credit report.
|
Service Providers / Joint Marketing Partners |
To provide our customers with products or
services that we believe may meet your financial needs, we may
exchange limited nonpublic personal information about you to
nonaffiliated firms that conduct marketing services on our
behalf, or with other financial institutions in order to offer
financial products or services pursuant a joint agreement. Such
information exchanged includes:
- Information we receive from you on
applications or other forms, such as your name, address, social
security number, assets, and income;
-
Information about your transactions
with us, our affiliates, or others, such as your account
balance, payment history, parties to transactions, and credit
card usage;
-
Information we receive from a consumer
reporting agency, such as information relating to your
creditworthiness and credit history.
|
How We Protect Your Information
|
We understand that the protection of
your nonpublic personal information is of the utmost importance.
Guarding your privacy is our obligation. Skowhegan Savings Bank
maintains strict procedures and policies to safeguard your
privacy. Our policies and procedures restrict employee access to
customer information only to those who have a business reason to
know such information, and we educate our employees about the
importance of confidentiality and customer privacy.
|
|
