Lafayette Community Bank recognizes and respects the importance of protecting the security and confidentiality of your personal information. We also want to provide valuable service by providing you with a variety of financial products and services to accomplish your financial goals. It is our intent to balance these two.
NOTICE OF YOUR
FINANCIAL PRIVACY RIGHTS
We, our, and us, when used in this notice, mean Lafayette Community Bank.
This is our privacy notice for our customers. When we use the words "you" and "your" we mean the following types of 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 will tell you what information we share about you with other entities. We will explain what your rights are, and how you can exercise them. If you share an account relationship with someone else, such as a joint account holder or co-borrower, we suggest that you share this information with such persons to ensure that each of you is aware of our policy and your options.
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 nonaffiliated third party, or simply, an "other party."
Opt out means a choice you can make to prevent certain sharing of information. We will explain how you can exercise this choice.
THE INFORMATION WE COLLECT
We collect information about you from the following sources:
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.
YOUR INFORMATION
AND OTHER PARTIES
We will not disclose information about you to anyone except as disclosed in this policy or as permitted by law.
INFORMATION ABOUT
FORMER CUSTOMERS
We have the same policy about disclosing information about former customers as we do about current customers.
YOUR INFORMATION
AND OTHER PARTIES - FUTURE CHANGES
In the future, we may disclose information to other parties. Here are the kinds of information we disclose to these other parties:
You may opt out of the disclosure of the information listed above.
Types of Other Parties
We may disclose information about you in the future to the following types of other parties:
We may also disclose information about you to these other parties as permitted by law.
Reasons For Disclosing
We may disclose information about you in the future to other parties to provide you with information about additional products and services.
YOUR INFORMATION AND
JOINT MARKETERS - FUTURE CHANGES
In the future, we may disclose information about you to joint marketers, even though we are not doing so now. Here are the kinds of information we may disclose to these marketers:
You may not opt out of the disclosure of the information listed above.
Types of Joint Marketers
We may disclose information about you in the future to the following types of joint marketers:
Reasons For Disclosing
In the future we may disclose information about you to joint marketers to provide you with information about additional products and services.
YOUR RIGHT TO BLOCK THE DISCLOSURE
OF YOUR INFORMATION
Other Parties. If you do not want us to share your information with other parties in the future, you can block the release of certain information. This is known as your right to "opt out."
Your decision to block the disclosure of your information will apply to information collected from all products and services you receive from us.
If you have obtained one or more products or services jointly, an opt out instruction given by any of you will affect the disclosure of information about all products and services. Further, such an opt out instruction will block the disclosure of information collected about all the joint owners or purchasers of the products or services.
If you wish to opt out of the disclosure of your information, you may do so by checking the appropriate box(es) on the Opt Out Notice that you received with this notice and returning it to us at this address:
YOU HAVE THE RIGHT TO CHOOSE
In this notice, we have explained our policy about the disclosure of certain information.
Other Parties. We have explained the kinds of information we may disclose to other parties in the future. We have also explained the kinds of other parties with whom we may disclose the information. If you prefer that we do not disclose information to these other parties, you may opt out of those disclosures, that is, you may direct us not to make those disclosures (other than the disclosures permitted by law).
Your decision to block the disclosure of your information will apply to information collected from all products and services you receive from us.
If you have obtained one or more products or services jointly, an opt out instruction given by any of you will affect the disclosure of information about all products and services. Further, such an opt out instruction will block the disclosure of information collected about all the joint owners or purchasers of the products or services.
If you wish to opt out of disclosures, you may do so by checking the appropriate box(es) below and returning this form to us at this address:
_________________________________________________________________________
Signature
_________________________________________________________________________
Name(s)
_________________________________________________________________________
Account Number(s)
_________________________________________________________________________
Street Address Apt#
_________________________________________________________________________
City, State, ZIP
BFA694
© 2000 Bankers Systems, Inc., St. Cloud, MN
Form PRIV-DISCOPT 4/12/2001 6c