AMERIFIRST BANK
PRIVACY POLICY
AmeriFirst Bank is committed to protecting the privacy of
its customers' information. As part of our commitment to protecting our customers'
privacy we have adopted the following privacy principles and have implemented
them at all levels of our organization.
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Our Customers Expect Privacy.
We understand that you expect your personal and financial
affairs to be held in the strictest confidence. As a customer of AmeriFirst
Bank, you have entrusted us to protect your privacy and to safeguard your
personal information. We take this responsibility seriously and have designed
policies and procedures to prevent misuse of this information.
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Why We Collect,
Retain, and Use Customer Information.
We collect, retain, and use information about you only where
we believe it will help administer our business or provide products, services,
and other opportunities to you. If we collect information about you, we will do
so only for a specific business purpose; and if you request, we will tell you
why we are collecting the information. Some of the reasons we use your
information are the following: to protect and administer your records,
accounts, and funds; to comply with certain laws and regulations; to help us
design and improve our products and services; and to better understand your
financial needs.
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The Information We
Collect.
We collect information about you from the following
sources:
·
Information
you give us on applications or other forms
·
Information
about your transactions with us
·
Information
about your transactions with other parties
·
Information
from a consumer reporting agency
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Accurate Information
We Will Maintain.
Maintaining the accuracy of your personal information is
important. We have procedures to help assure that your personal information is
accurate, current and complete. We also have procedures to correct inaccurate
information in a timely manner, including processes to update information or
remove outdated information. If you discover any information we have about you
that is incorrect, please let us know.
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We Limit Employee Access To Your Information.
Access to personally identifiable information about
you is limited to those employees who have a specific business reason to know
such information. Our employees are educated and trained on the importance of
confidentiality and privacy of customer information. Appropriate disciplinary
action is taken if this Policy or procedures relating to this policy are not
adhered to.
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Security Procedures
Protect Your Information.
We establish and maintain security procedures
designed to help prevent unauthorized access to your private, confidential
information. We also update and test our computers, hardware, software, and
other technology to assure the integrity and security of our information
systems.
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We Restrict Disclosure of Account Information.
We do not reveal specific information about your accounts or
other personally identifiable data to parties outside our organization unless
it is under the following circumstances: you request or authorize disclosure;
the information is provided to help complete a transaction initiated by you;
the information is provided to a reputable credit bureau or similar information
reporting agency; or the disclosure is otherwise lawfully permitted or required.
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We Maintain Your
Privacy When We Do Business Outside Our organization.
It is sometimes necessary to provide personally
identifiable information about you to a party outside our organization. Some
examples are when we hire a vendor or service company to prepare your account
statements or to provide support for one or more of our products or services.
When we work with outside businesses or companies, these vendors agree to
safeguard your personal and confidential information, and these vendors must
abide by applicable law.
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We Will Not Share Your Information Outside Our Organization.
We maintain procedures designed to protect your confidential
information. Other than under the limited exceptions explained in paragraph
seven, above, it is our practice not to share confidential customer information
outside our organization. You do not need to request this confidentiality -it
is our standard practice.