Your Rights to Financial Privacy
At the Algonquin State Bank, N.A., the foundation of each customer relationship, many of which span generations, is trust. You have chosen to do business with us, and we are obligated to honor that relationship with great care, beginning with the information you have chosen to share with us. We believe that your right to privacy should not be compromised. At the same time, we want to offer you the array of financial products and services you need to accomplish your financial goals. We believe we can do both through the privacy policy outlined below.
Definition of Terms
Nonpublic personal information means information about you that we collect in connection with providing a financial product or service to you that is not publicly available. Nonpublic personal information does not include information that is available from public sources, such as telephone directories or government records.
An affiliate is a company we own or control, a company that owns or controls us, and 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 company that is not an affiliate of ours.
The Information That We Collect
We collect nonpublic personal information about you from the following sources:
- Information we receive from you on applications or other forms
- Information about your transactions with us
- Information about your transactions with nonaffiliated third parties
- Information from a consumer reporting agency
Information That We Disclose
We do not now, nor have any intention to, sell or disclose any nonpublic personal information about you to affiliated or nonaffiliated third parties, except that which we are required and/or authorized by law. An example of such an exception would be the disclosure of your credit history with us to a credit-reporting agency.
Information That We Disclose With Respect to Former Customers
We do not disclose any nonpublic personal information about former customers to affiliated or nonaffiliated third parties, expect as required and/or authorized by law.
The Confidentiality, Security, and Integrity of Your Nonpublic Personal Information
The Algonquin State Bank, N.A. is committed to the security of your financial and personal information. We restrict access to nonpublic personal 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 that comply with federal regulations to guard your nonpublic personal information.
Providing Privacy Information to Customers and Response to Inquiries
We are required to provide you with this notice at the beginning of our relationship with you and annually thereafter. If, for any reason, our policy changes in the interim with respect to privacy related matters you will be informed.
It is important to us that you understand how we use the information you provide and our commitment to ensuring your personal privacy. If you have any questions about how we protect your confidential information, please write or call us at the address or telephone number listed below.
Algonquin State Bank, N.A.
2400 Huntington Drive North
Algonquin , Illinois 60102
(847) 658-4535
Member FDIC
