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Privacy Statement

Bank of Versailles and its’ Board of Directors believe that protecting the privacy of our customers’ information is a primary and fundamental core asset of Bank of Versailles.

The protection of customer information is a significant concern when assessing new products, internal controls, procedures, and security programs of Bank of Versailles.  To minimize the potential for the inadvertent use or improper disclosure of customer data, Bank of Versailles associates need to ensure that customers are aware of our commitment to protect our customer information and understand our privacy principles and policies.

The general objectives of this policy are to:

Ensure that privacy notices (both initial and annual) are properly provided to consumer customers.
Establish guidelines regarding conditions under which the institution may disclose nonpublic personal information about Consumers to affiliated and nonaffiliated parties.

Initial Privacy Notice

At the time a consumer opens an account, obtains a loan, applies for product, or otherwise becomes a customer of the Bank of Versailles, the initial privacy notice will be provided.  this notice will be clear and conspicuous, will be in writing and will be in a form that the customer can keep.  In some cases, if the customer relationship is established by mail or otherwise without the customer bing present, the initial privacy notice will be promptly mailed to the customer.  the initial privacy notice my not be provided to the customer orally, either in person or over the telephone.

Annual Privacy Notice

On an annual basis, no less than once in each consecutive calendar year, Bank of Versailles will provide existing costumers with a privacy notice by mail.  this notice will be provided in a clear and conspicuous manner.  Notices will be provided to the primary customer in accounts with joint ownership.

The Information We Collect

We collect information about you from the following sources:
Information you give us on applications or other forms
Information about you transactions with us
Information about your transactions with other parties
Information from a consumer reporting agency
Information we receive as a result of verifying customer information

Information We Disclose About You

We do NOT disclose any information about you to anyone, except as permitted by law.  Examples of this might include disclosures necessary to service your account or prevent unauthorized transactions.

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.

Information About Former Customers

We do not disclose information about former customers, except as permitted by law.