As
a bank customer, you have a right to financial privacy and we
have always respected this right. Trust is an important part of
our relationship and we believe that your privacy should not be
compromised. At the same time, we want to offer you the
financial products and service you need to accomplish your
financial goals. We believe we can protect your privacy and
still provide service through the privacy statement outlined
below.
Bank
employees may through necessity acquire confidential information
that customers consider to be extremely sensitive. Our employees
have been instructed to know that this information must not be
revealed to unauthorized persons, and that this information is
not to be discussed with others within the bank unless the
others involved require the information to perform their duties.
By bank policy, customer financial information is released to
people outside the bank only when the release is authorized by
the customer, the bank, or when the information has been
subpoenaed by a court, the Internal Revenue Service (IRS), or as
permitted by law.
Then, we make every effort to ensure that the information
released is accurate and within the confines of the authorizing
release document.
Under
banking regulations we are required to give you a statement
regarding the bank’s customer privacy protection policies.
This letter contains the information that the regulations
require we give you.
Categories
of information the bank collects. As you probably realize,
we collect information about you when you open an account and
through the administration of these accounts. The categories of
information the bank collects include: transaction accounts,
savings accounts, certificates of deposit, safe deposit boxes,
credit applications, loan accounts, and the like. We also obtain
credit reports on customers from time to time.
Categories
of information the bank may disclose. Except as specifically
discussed elsewhere in this letter, this bank does not intend to
disclose consumer or customer information to others. In
particular, this bank has no intention of selling customer lists
to others so that they can market products directly to you.
Categories
of parties to whom the bank may disclose information.
We do not provide consumer information to third
parties, except as provided by law.
Information
about former or inactive customers. The bank does not treat
information about former or inactive customers any differently
than it does that of current customers. Specifically, the bank
does not release nonpublic information about former or inactive
customers to outside third parties.
Information
disclosed to service providers and joint marketers. In
the course of routine business, from time to time the bank
discloses nonpublic information about its customers to third
parties who are under contract to the bank to perform services
for the bank. When we do so the contract contains provisions
that require the contractor use the information for only the
purposes intended and that the contractor not divulge the
information it receives from the bank to others. For example, we
have a contract with a data processing service that computerizes
all of our customer accounts. This contractor has access to all
customer account information.
Customer
rights to "opt out." If at any time in the future
the bank changes its policies and shares nonpublic information
about customers with outside third parties, before doing so we
will notify you in advance of our intent and the notice will
contain a telephone number you can call to opt-out. If you
opt-out, no nonpublic information that comes from your
relationship with the bank will be shared with the third party.
Before information is shared, you will be given a reasonable
amount of time to make this opt-out decision, but you may also
choose to opt out at any time thereafter.
Disclosures
required under the Fair Credit Reporting Act. Under the law
the bank is permitted to share customer information with sister
organizations with which the bank is affiliated. Under the Fair
Credit Reporting Act you have "opt-out" rights
regarding certain information. Before this information is shared
with an affiliate, we will send you a notification, and we will
explain to you how to opt-out. Then, if you choose to opt-out,
the information will not be shared with the affiliated company.
Disclosures
regarding confidentiality and security of information. The
bank takes confidentiality and security of customer information
seriously. We restrict access to areas where customer
information is kept, and access to the information is granted
only to employees who need that access in the performance of
their duties. In addition, we have internal procedures that are
designed specifically to protect this information from
outsiders.
Thank
you for banking with us. We are proud to have you as a customer,
and you may rest assure that we are doing everything we can to
protect the privacy of the financial information with which you
have entrusted us.
Community
BancShares, Inc.
Website Privacy Statement
We recognize the importance of protecting the privacy of
personally-identifying information that may be submitted to us when you visit our website.
The information we receive depends on what you do when you visit our site.
This is how we handle the information we learn about you from your visit to
our website.
If you visit our site to read or download information on our web
pages such as checking and savings account information:
We use the information we maintain to measure the number of visitors to
the different pages and sections of our site, and to help us make our site more useful to
visitors.
If you identify yourself by sending an e-mail or filling out forms
such as contact forms and guest registers:
You may be asked for personally-identifying information in order to
process your e-mail or form. This information may be retained by us for processing
and to facilitate decisions. Information you submit to us is treated no differently
than any information you might provide in a written format such as requesting a brochure
or writing us a letter.
We Want To Be Very Clear
We protect and safeguard the privacy of users of our
on-line services, just as we do throughout the rest of our business. We will use
personal information to identify you, to communicate with you, and to help us answer your
questions.
We will NOT sell personally-identifying information to a third party for
the purpose of solicitation or provide personal information to a third party for its own
use.
Sometimes we send our customers information about our products and
services. If you do not wish to receive this information, or if you
believe that your personal information is incorrect, please contact us. We
will investigate the situation and, if appropriate, update our records.
If you have questions that are not answered in this section please
contact
us.
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Our Privacy and Security Policy