NOTICE OF YOUR FINANCIAL PRIVACY RIGHTS
At First Harrison Bank, the security of your
information is extremely important to us. This privacy notice sets forth
First Harrison’s practices in relation to your private personal information. It is our intent that you are aware of and
comfortable with the way in which First Harrison administers and protects your
private information. Please allow the
following question and answer format to serve as an overview of how your
private information is handled and protected.
What sort of private information does First
Information you
give us on applications or other forms
Records relating
to your transactions with us
Information about
your transactions with our affiliates
Information about
your transactions with others (ex. checks you’ve written on a FHB checking
account to a third party)
Information from
a consumer reporting agency such as a credit bureau
Information we’ve
received as a result of verifying customer information
How is this information used and to whom would it be
disclosed?
First
To fulfill
requests that you have made (such as an application for a loan, or a request to
supply credit or deposit verification information to a third party with whom
you’re starting a relationship)
To our attorneys,
accountants, auditors, or regulators in their ordinary performance of duties
for or on behalf of the bank.
To consumer
reporting agencies (such as credit bureaus).
In other
circumstances as necessary and permissible by law.
In such circumstances, the
following categories of information could be disclosed, as deemed necessary.
Name
Address
Account balances
Account activity
Types of accounts
Deposit or
Payment history
Mortgage
appraisals
Does First
No. We can’t emphasize that enough. While many other banks play that game, First
Harrison doesn’t do business that way.
Further, we WILL NOT disclose
information about you to ANYONE except as disclosed in this policy or otherwise
permitted or required by law.
What types of affiliates could have access to my
information?
Affiliates are entities owned
by First Harrison Bank, or are under a common control (controlled by the same
entity) with First Harrison Bank, or whom own or control
us. Being a community bank, First
Harrison’s affiliates are limited. Bank
records could be accessed by First Capital Inc, First Harrison’s holding
company. Representatives of First
Harrison Financial Services, an investment wing of the bank, could have access
to customer records in order to identify customers who would be benefited by
those services.
Would non-affiliated third parties have access to my
information?
No, except as disclosed in
this notice and permitted by law.
Does First
No, except as disclosed in
this notice and permitted by law.
Does First
Yes, First Harrison does use
information in it’s possession to notify you of products we offer which may be of interest to you, based upon the
information we have on file. We may from
time to time use a marketing service to generate such marketing material to
you. In that case, such a service would
have possession of general information such as your name and address. In such a case, First Harrison would always
contractually obligate such a third party to protect your information and use
it for only the purposes directed by us.
In all cases, the use of your information to let you know of First Harrison
products that could benefit you would be done in accordance with federal and
state law.
Do I have the right to “opt out” of any of the
information disclosure described in this notice?
Federal law outlines certain
types of information sharing which are permissible, and those which are not,
unless the consumer has been given a right to “opt out” of the sharing. Caring for your information security, First
Harrison elects to remain conservative and not engage in liberal information
sharing practices which would require opt out notices. Because First Harrison stays within these
conservative information sharing practices, the answer is no, federal law does
not give you the right to opt out of the sort of information sharing described
in this notice. However, should you
request such an opt-out, First Harrison will take
reasonable steps to accommodate your request, such as excluding you from
marketing efforts.
How else does First
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 security and privacy audits are
routinely conducted by internal and external auditors.
FCRA/FACTA
Notice In accordance with the Fair and Accurate
Credit Transactions Act of 2003, if you are indebted to the bank we must
disclose to you that WE MAY REPORT INFORMATION ABOUT YOUR ACCOUNT TO CREDIT
BUREAUS. LATE PAYMENTS, MISSED PAYMENTS, OR OTHER DEFAULTS ON YOUR ACCOUNT
MAY BE REFLECTED IN YOUR CREDIT REPORT.