McHenry Savings Bank recognizes and respects your expectation that your financial privacy will be secured and protected. Our bank collects, retains and uses information about individual customers only when necessary to administer McHenry Savings Bank business and to provide products, services and other opportunities to McHenry Savings Bank customers. This Privacy Policy Notice is provided as required by the Federal Regulation – Privacy of Consumer Financial Information.

INFORMATION McHENRY SAVINGS BANK COLLECTS

We collect and use various types of information to service your accounts from the following sources:

• Information you provide to us on applications or other forms, including paper and electronic for loans, deposit accounts, and other types of bank accounts or services (such as social security numbers, assets, liabilities, income);
• Information related to your transactions with McHenry Savings Bank (such as account balance, credit card usage, payment record) or with others;
• Information from a consumer report including your creditworthiness or credit history.
• Information from other outside sources to verify your employment, income, marital status, credit score or credit history, your open lines of credit, or other representations made by you.

INFORMATION McHENRY SAVINGS BANK DISCLOSES

We may disclose to our affiliates nonpublic personal information, such as your name, address, and phone number, or information about your transactions with us, or other affiliates, such as your payment historyWe may also disclose non-public information about you to non-affiliated third parties as permitted by law. For example, we may share nonpublic personal information with third parties that perform services for us or that assist us in marketing our products and services.
If you choose to close your account(s) or become an inactive customer, you will continue to be protected by the privacy policies and principles described in this policy.

CONFIDENTIALITY AND INFORMATION SECURITY

At McHenry Savings Bank access to your personally identifiable information is limited to employees with a specific business reason for utilizing this data. Our employees are educated about the importance of maintaining confidentiality and customer privacy. If necessary, we take appropriate disciplinary steps to enforce our employees’ responsibility to protect your very personal information.

In order to prevent unauthorized access to your information, we maintain security standards and procedures that conform to industry practices. These security standards are routinely tested to verify the integrity of our systems.

This Statement may be amended from time to time at our discretion. If the Statement is amended, you will receive a copy of the amended notice.