employees. We want you to understand what information we collect and how we use
it. In order to provide our customers with consumer loans as effectively and
conveniently as possible, we use technology to manage and maintain customer
information. The following policy serves as a standard for all Bank
employees for collection, use, retention, and security of nonpublic personal
information related to our loan programs.
WHAT INFORMATION WE COLLECT
We may collect "nonpublic personal information" about you from the following
sources: Information we receive from you on applications or other loan forms,
such as your name, address, social security number, assets and income;
Information about your loan transactions with us, such as your payment history
and loan balances; and Information we receive from third parties, such as
consumer reporting agencies and other lenders, regarding your creditworthiness
and credit history "Nonpublic personal information" is nonpublic information
about you that we obtain in connection with providing a consumer loan to you.
For example, as noted above, nonpublic personal information includes your name,
social security number, payment history, and the like.
WHAT INFORMATION WE DISCLOSE
We are permitted by law to disclose nonpublic personal information about you to
third parties in certain circumstances. For example, we may disclose nonpublic
personal information about your consumer loans to consumer reporting agencies
and to government entities in response to subpoenas. Such disclosures are made
as necessary to effect, administer and enforce the loan you request or
authorize. Otherwise, we do not disclose nonpublic financial information about
our customers or former customers to anyone, except as permitted by law.
If you become an inactive customer, we will continue to adhere to the privacy
policies and practices described in this notice.
OUR SECURITY PROCEDURES
We also take steps to safeguard customer information. We restrict access to
nonpublic personal information about you to those of our and our servicer’s
employees who need to know that information to provide consumer loans to you.
We maintain physical, electronic and procedural safeguards that comply with
federal standards to guard your nonpublic personal information.