CITIZENS
NATIONAL BANK
OF CHILDRESS
A
DIVISION OF FARMERS NATIONAL BANK OF SEYMOUR
Privacy Policy and Procedures
The
directors, management and staff of Citizens
National Bank of Childress, a Division of Farmers National Bank of Seymour are
concerned about and respect the privacy of our customers' personal
financial information. We understand that our customers furnish
sensitive information to the bank in the course of daily business, and the
bank is committed to treating such information responsibly. We know
that our customers expect privacy and security for their personal and
financial affairs.
The
bank will take all the necessary steps to safeguard sensitive information
that has been entrusted to us by our customers. The following
privacy policy outlines our bank's practice regarding personally
identifiable financial information for consumers and those consumers who
become our customers.
Types of Information the Bank Collects
The
bank collects nonpublic personal information directly from consumers on
various applications and forms, for example, loan applications,
deposit account applications, and requests for information about accounts
or products and services.
The
bank also collects information as a result of transactions between the
bank and our customers and as a result of providing a product or service
to our customers. This includes transaction information from checks,
debit cards, credit card, automated teller machine (ATM) cards, and
electronic transfers (e.g., home banking or automated clearinghouse (ACH)
transactions).
Nonpublic
personal information does not include that which the bank obtains from
government records, widely distributed media, or government-mandated
disclosures.
Types
of Information the Bank Discloses
The
bank does not now, nor does it intend in the future, to disclose any
personal financial information to any nonaffiliated or affiliated third
party. By law the bank may disclose certain personally identifiable
information without allowing consumers the right to opt out of the
bank's sharing agreements in the following circumstances:
To companies who perform transaction processing for the bank
in the following circumstances:
If the transaction, service, or product is requested or
authorized by the consumers
To maintain or service a consumer's account as part of a
private label credit card or other loan extension program
In connection with a securitization, secondary market sale
(including servicing rights), or similar transaction related to a consumer
To disclose information necessary to enforce the bank's
legal or contractual rights or the rights of any other person who is
engaged in the financial transaction
To disclose information required in the ordinary course of
banking business, such as in the settlement of claims or benefits, the
confirmation of information to the consumer or the consumer's agent, and
the billing, processing, or clearing of items in the normal course of
business
To provide information to insurance rate advisory
organizations, guaranty funds or agencies, agencies that are rating the
bank, persons that assessing the bank's compliance with industry
standards, and the bank's attorneys, accountants, and auditors
To the extent permissible under the Right to Financial
Privacy Act
To a consumer reporting agency under the Fair Credit
Reporting Act
To comply with federal, state, or local laws, rules, and
other applicable legal requirements
Safeguarding
Customer Information
We
protect consumer privacy of ensuring that financial 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
safeguard customer information.
In
order to prevent unauthorized access to information, we maintain security
standards and procedures that conform with industry practices. These
security standards and procedures are routinely tested to verify the
integrity of our systems.
Visitor
Privacy
Visitors
to Citizens National Bank of
Childress, a
Division of Farmers National Bank of Seymour’s public web site at
www.cnbchildress.com remain anonymous.
Citizens National Bank of
Childress, a
Division of Farmers National Bank of Seymour does not collect
identifying information about visitors to our site.
We may use standard software to collect
non-identifying information about our visitors, such as:
Member
FDIC