PRIVACY POLICY
YOUR PRIVACY IS IMPORTANT US
You provide important information about yourself to a variety of businesses and organizations. The same is true when you do business with our financial institution. You're asked to provide us with certain personal information that helps us give you better service and complete your transactions more effectively.
We work diligently to safeguard the information you give us. In fact, we developed the following policies to ensure you confidentiality and maintain your confidence in our institution. These policies detail the strict standards we have in place. For this reason we ask that you please read the following information carefully.
NOTICE OF YOUR FINANCIAL PRIVACY RIGHTS
We, our and us, when used in this notice, means Town Square Bank.
This is our privacy notice for our customers. When we use the words "you" and "your" we mean the following types of customers:
- All of our consumer customers who have a continuing relationship with us, such as:
- Deposit account
- Loan account
- Safe deposit box
- All former customers
We will tell you the sources of the information we collect about you. We will tell you what measures we take to secure that information. We first define some terms.
We first define some terms.
Nonpublic personal information means information about you that we collect in connection with providing a financial product or service to you. Nonpublic personal information does not include information that is available from public sources, such as telephone directories or government records. Hereafter, we will use the term "information" to mean nonpublic personal information as defined in this section.
An affiliate is a company we own or control, a company that owns or controls us, or 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 person we do not employ or a company that is not an affiliate of ours. This is also known as a nonaffiliated third party, or simply, an "other party."
THE INFORMATION THAT WE COLLECT
We collect information about you from the following sources:
- Information you give us on applications or other forms
- Information about your transactions with us
- Information about your transactions with other parties
- Information from a consumer reporting agency
INFORMATION WE DISCLOSE ABOUT YOU
We do not disclose any information about you to anyone, except as permitted by law. Examples of this might be disclosures necessary to service your account or prevent unauthorized transactions.
INFORMATION WE DISCLOSE TO OUR AFFILIATES
We may disclose non-public personal information about you to our affiliates. Federal law allows us to share transactional and experience information from our account records about you to our affiliates. You may not choose to opt out of having this information disclosed. The type of affiliates we may disclose nonpublic personal information to, are financial service providers, such as our Mortgage Company and non-financial companies, such as our title company. The categories of information we may disclose are name, address, account balances, account activity, types of accounts, payment history and deposit history.
INFORMATION WE DISCLOSE TO SERVICE PROVIDERS
We may disclose all of the information we collect, as described above, to companies that perform processing services for us, such as credit card processing. Our contracts require service providers to maintain the confidentiality of the information provided and strictly prohibits the information from being used for any purposes other than those for which the information is disclosed or as otherwise permitted by law.
THE CONFIDENTIALITY, SECURITY, AND INTEGRITY OF YOUR INFORMATION
We restrict access to 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 to protect this information.
INFORMATION ABOUT FORMER CUSTOMERS
We have the same policy about disclosing information about former customers as we do about current customers.
