SCHUYLER STATE BANK PRIVACY STATEMENT
Consumer/Customer Privacy
and How It Affects You
OUR COMMITMENT
TO YOU
Schuyler State
Bank is committed to your financial security. Protecting the
privacy and security of the information you share with us is
vital to that commitment. You trust us with your personal financial
information, and we honor that trust by handling your information
discreetly and sensibly. If you ever have questions or concerns
about the safety of your account information, or any other
areas of our business operations, please do not hesitate to
telephone or come in to talk with our staff.
This notice
will help you understand how we safeguard and use information.
PROTECTING
INFORMATION THROUGH ESTABLISHED SECURITY PROCEDURES
Schuyler State
Bank continually updates and improves its security standards
and procedures to protect against unauthorized access to your
confidential information. To guard your non-public personal
information, we maintain physical, electronic, and procedural
safeguards that comply with federal standards.
Only those individuals,
who, as part of there job responsibilities, are authorized
to access your information. We regularly train our employees
on privacy and information security, and on their obligations
to safeguard your Information. In keeping with our commitment
to protect your privacy, employees who violate these Privacy
Principles are subject to disciplinary measures.
You can help
us safeguard your personal information by taking a few simple
precautions. Protect your account and PIN numbers and never
disclose confidential information to unknown callers.
UTILIZING
INORMATION TO BETTER SERVE YOU
We gather information
about account balances, payment histories, loan repayment,
and credit or debit card purchasing information and collection
and servicing information. We use this information to maintain
accurate account balance information, to provide excellent
customer service, and to identify other products or services
that may be of value to you.
When you fill
out an application or open an account, we will ask for information
such as photo ID, physical address, telephone number, Social
Security number, as well as credit information such a income
and employment, We may also ask for non-transactional information
such as where your work or e-mail address. We use this information
when evaluating your eligibility for loans and to identify
products and services that may be of interest to you.
When you apply
for credit or other products, we may obtain information about
you from other sources such as a consumer reporting agency
(credit bureaus) or Chex Systems. When we review or monitor
accounts for collections the same process is used.
INFORMATION
WE SHARE
We do not disclose
any nonpublic personal information about you to anyone except
permitted by law. We may disclose information we have about
you as permitted by law. We may share information with regulatory
authorities and law enforcement officials; provide information
to protect against fraud; report account activity to credit
bureaus; or share information with your written consent.
When we share
information, we are highly sensitive to your privacy in choosing
the companies we select, and we restrict the information we
provide to only that information they need to do their job.
We require these firms to comply with strict standards of security
and confidentiality, and they are not permitted to release,
use or transfer any customer information to any other party
for their own purposes. We do not sell customer lists or individual
customer information.
ACCURATE
INFORMATION
Schuyler State
Bank continually strives to maintain complete and accurate
information about you and your accounts. If you ever believe
that our records contain inaccurate or incomplete information
about you, please contact Schuyler State Bank immediately by
calling 217-322-4387. We will correct any inaccuracies as quickly
as possible.
CONSUMER
REPORTING AGENCIES
If you believe
we have reported inaccurate information about your account
to any consumer-reporting agency, notify us in writing. Be
sure to include your name, current address, Social Security
number, telephone number, account number, specific item of
dispute and reason you believe the information is wrong. Send
your letter to Schuyler State Bank, 102 N. Congress, Rushville
In order to
assure you are aware of our Privacy Policy, we are including
this notice with many of the account statements you receive
from Schuyler State Bank.
