FNB PICAYUNE BANK
CONSUMER FINANCIAL
INFORMATION AND
MOBILE PRIVACY POLICIES
The
Board of Directors recognizes that trust is the hallmark of every customer
relationship. Consumers entrust the
FNB Picayune Bank (“the Bank”) with sensitive personal financial
information and expect the Bank to respect their privacy and protect the
confidentiality of that information.
The policy of the Bank shall be to honor our customers’ expectations
of privacy and to treat consumer financial information responsibly. This Consumer Financial Information
Privacy Policy shall serve as the standard for the Bank, its officers and
employees for the collection, use, retention and security of non-public personal
financial information about individual Bank customers and consumers
(“consumer information”).
1.
Collection of Consumer Information.
Consumer information is accumulated by the Bank from a
variety of sources. Some
information is provided to the Bank directly by customers and prospective
customers, for example in loan and deposit account applications. Other information is developed by the
Bank as a function of providing products and services to our customers, such as
account balances and loan payment histories. Still other information is obtained from
outside sources such as credit bureaus.
The policy of the Bank shall be to collect, retain and use consumer
information only where we reasonably believe that it will help administer our
business or provide products, services, and other opportunities to our
customers and prospects. We will
collect and retain consumer information only for specific business purposes and
we will use consumer information only in accordance with the principles set out
in this policy.
2.
Maintenance of Accurate Information.
The Bank shall maintain procedures to ensure that
consumer information is accurate, current, and complete in keeping with
reasonable commercial standards.
The Bank shall respond to requests by customers and others to correct
inaccurate information in a timely fashion and shall take commercially
reasonable steps to investigate and correct any inaccuracies.
3.
Security Program.
The Bank shall establish and maintain a consumer
information security program in compliance with regulatory guidelines to help
ensure the security and confidentiality of consumer information, protect
against any anticipated threats or hazards to the security or integrity of that
information and protect against unauthorized access to or use of consumer
information. As a part of this program,
the Bank’s policy shall be to limit employees’ access to personally
identifiable customer information to only those employees with a business
reason to know that information.
4.
Use and Disclosure of Consumer Information.
We will use the consumer information we collect only to
administer our business, provide products and services to our customers and
prospects and offer opportunities that we think would be of interest to our
customers and prospects. The Bank
will use information to protect and administer customer accounts, funds and
records; comply with laws and regulations; help it design and improve its
products and services and help it understand the needs of its customers and
prospects. The Bank’s policy
shall be to strictly limit who may receive customer information outside of the
Bank. The Bank’s policy is to
also share, to the extent lawfully permissible, consumer information with
non-affiliated third parties that perform services for the Bank or with whom
the Bank has entered into joint marketing arrangements for financial products
or services. When
providing consumer information to such a non-affiliated third party, the
Bank’s policy is to prohibit, through a written agreement, the third
party from disclosing or using the information other than in the ordinary
course of business to carry out the purposes for which the Bank shared the
information. The Bank may
share consumer information with non-affiliated third parties in connection with
servicing or processing a financial product or service requested or authorized
by a customer or maintaining or servicing the customer’s account. The Bank may also share consumer
information with non-affiliated third parties: (1) at the request or with the
permission of the customer; (2) in connection with a business transaction
involving the Bank such as a sale, merger or transfer of all or a portion of
the Bank’s business; (3) when the Bank is legally required or permitted
to do so such as in response to a civil, criminal or regulatory investigation
or legal process; (4) when providing information to consumer reporting agencies
such as credit bureaus or to federal and state law enforcement or regulatory
authorities such as bank examiners or the Internal Revenue Service, as
authorized or required by federal or state law; and (5) in other cases where it
is legally permissible to do so. It
is the Bank’s policy not to provide consumer information to
non-affiliated companies for their independent use in marketing any
non-financial products or services of those companies.
5.
Providing Privacy Information to Customers.
It is the Bank’s policy to notify new and existing
customers of its privacy policies in compliance with applicable law and
regulation.
6.
Compliance with Applicable Law and Regulation.
The Bank’s
policy shall be to fully comply with all applicable consumer privacy policy
laws and regulations. The chief
compliance officer of the Bank will coordinate compliance management and ensure
effective implementation of a compliance program with respect to privacy as
part of the Bank’s overall compliance policy and program including
performance and review of internal audits for compliance. The Bank’s Privacy Policy shall be
reviewed annually.
MOBILE PRIVACY POLICY
It is the policy of FNB Picayune
Bank (“the Bank”) to recognize and respect the privacy expectations
of all our customers and make available the privacy guidelines to all
customers. This policy describes the types of personal
information that is collected in connection with the mobile downloadable
application ("the App") offered by the Bank. This policy is intended
to supplement the disclosures in any Privacy Policy that you may have already
been presented by us in connection with online banking or other services.
The App is not offered to minors. We do not knowingly collect
any personal information from or about individuals under 18 years of age.
Please do not submit such information to us, and as a parent or legal guardian,
please do not allow your children to submit personal information without your
permission. By using the App, you represent that you meet these requirements
and that you agree to the terms of this policy.
When
utilizing the App, it will request access to information stored on your device such as
location, camera, contacts, or other features you are enrolled in to enrich and
simplify your own user experience and improve our services, as well as provide
additional security to protect your account. It is important for you to understand
that before granting access to this information, you will be prompted to give
the application that permission. If you do not wish to grant that permission,
you may decline. If you later
change your mind, those permissions can be updated in your device's settings.
(Some examples of information the App will request access to are:
Location, Contacts, Camera)
We may collect personal information about you, which may
include: name, postal address, zip code, e-mail address, telephone number,
account numbers, payment card expiration date, payment card identification or
verification numbers, social security number, mobile device location, and other
information that we can use to contact you, verify your identity, and provide
the functionality available through use of the App.
To protect your personal information from
unauthorized access and use, we use security measures that comply with Federal law.
These measures include computer safeguards and secured files and buildings. The
App information is retained in accordance with state and Federal record
retention laws. Please contact us to determine specific timeframes for your
personal stored information and if that information may be deleted.
It is the policy of the Bank to review this policy annually