Privacy Principles

At the Bank of Prescott, we value your patronage and want to maintain your confidence in our banking relationship. As financial services professionals entrusted with sensitive financial information, we respect your privacy and are committed to treating customer information responsibly. Our Privacy Policy serves as a standard for all Bank of Prescott employees for collection, use, retention, and security of individual customer information.

Expectation of Privacy

We believe the confidentiality and protection of customer information is one of our utmost fundamental responsibilities. And while information is critical to providing quality service, we recognize that one of our most important assets is our customers' trust. Thus, the safekeeping of customer information is a priority for the Bank of Prescott.

Information Collection

We collect, retain, and use information about you only where we reasonably believe that it will help administer our business or provide products, services, or other opportunities to you. Information about customers is accumulated from a variety of sources. Some information is provided to the Bank of Prescott directly by you the customer. Other data are developed by the Bank of Prescott as a function of providing a product or service to a customer. Still other information is obtained from outside sources. We use information to protect and administer your records, accounts, and funds; to comply with certain laws and regulations; to help us design or improve our products and services; and to understand your financial needs so that we can provide you with quality products and superior service.

Maintenance of Accurate Information

We strive to keep this information accurate and up-to-date. If you discover that this information is incomplete, inaccurate or not current, please notify us immediately at the address or telephone number listed below or on your account statement. We will immediately investigate your concerns and correct any inaccuracies.

Limiting Employee Access to Your Information

At the Bank of Prescott, employee access to personally identifiable customer information is limited to those with a business reason to know such information. We educate our employees on the importance of customer confidentiality and privacy. Because of the importance of these issues, all Bank of Prescott employees are responsible for maintaining the confidentiality of customer information and employees who violate the bank's Privacy Policy will be subject to disciplinary measures. Our employees' limited access to customer information is based on job function.

Security Procedures

The Bank of Prescott is committed to the security of your financial and personal information. All of our operational and data processing systems are in a secure environment that protects your account information from being accessed by third parties. We maintain and grant access to customer information only in accordance with our internal security standards.

Sharing Your Information with Affiliated Companies

In order to better serve you and to provide you with more financial services choices, the Bank of Prescott customarily shares your customer information (transaction and experience information only) with its affiliated insurance company.

Restrictions on the Disclosure of Your Information

We do not reveal specific information about your accounts or other personally identifiable information to unaffiliated third parties for their independent use, except for exchange of information with reputable reporting agencies to maximize the accuracy and security of the information or in the performance of bona fide corporate due diligence. There are however, exceptions that we must honor on behalf of you, our customers:

•  The information is provided to help complete a transaction you requested.

•  You request or authorize the information be revealed.

•  The disclosure is required by/or allowed by law (e.g. subpoena; the investigation of fraudulent activity, request by regulatory, consumer credit reporting agency, etc.)

•  We have informed you that this information may be disclosed and have given you an opportunity to decline. 

Maintaining Customer Privacy in Business Relationships with Third Parties

Whenever we provide customer information to a third party, we insist that the third party adhere to similar privacy principles for keeping such information confidential.

Web Site

The Bank of Prescott does not gather customer information, directly or indirectly, from its web site. This web site is provided to inform consumers about the financial services available through the Bank of Prescott.

Questions

If you have questions or would like to contact us regarding your information, you may do so by:

Writing to us at:

Or telephoning us at: (870) 887-2688