PRIVACY POLICY

At Llewellyn-Edison Savings Bank, FSB, we are committed to servicing the needs of our customers and we want you to understand how we protect your privacy when we collect and use information about you and how we safeguard that information.

This Page will help you understand:

          1.   Our safeguards for handling the privacy of your records and information.
          2.   The type of information we collect about you and how it may be shared.
          3.   Our commitment in maintaining ongoing compliance with applicable laws and regulations.

Safeguarding Your Information

Our policy for protecting the confidentiality and privacy of our customers' nonpublic personal information is achieved through the establishment of administrative, technical and physical safeguards.  Our employees are governed by our policies that include their responsibility to protect the confidentiality of our customers' nonpublic personal information.  Employees are authorized to access or use the information we collect only in the discharge of their assigned duties.

Information We Collect

We limit the collection and use of information about our customers to data that are necessary to administer our business, provide superior customer support, and offer bank services that are of interest to our customers.  The bank will collect and use information to help identify and mitigate potential risk or loss, as well as identify additional bank products or services that we believe our customers might want to know about.  We collect information as necessary to provide our customers their requested services from such sources including application forms, interviews, transactions from banking activity (known as experience data), credit agencies, government sources, public records, and current and previous employers.  The type of information we collect depends upon services being requested by the customer, but may include the following type of personally identifiable information: Contact information (name, address, telephone number), Employment Information, Transaction (experience data), Social Security Number, Income, and Credit or Debt obligations.

How We Share Information...

To protect customer privacy, we carefully control the way in which any information is shared.  We share information concerning a customer's account history and experiences within the bank.  Llewellyn-Edison Savings Bank, FSB does not disclose nonpublic personal information about you to any outside organization other than for the support or promotion of the bank products or services or as required by law.  These organizations may include (but are not limited to) non-affiliated third parties, other financial institutions, government agencies, consumer rating agencies, and third party litigants.  The type of information we share depends upon the services provided, but may include the following type of nonpublic personal information:
Contact Information (name, address, and telephone number). Credit Information, or Transaction (experience) data.  If you decide to close your account(s) or become an inactive customer, we will continue to adhere to the privacy position disclosed in this notice.  We may report information about your account to credit bureaus.  Late payments, missed payments, or other defaults on your account may be reflected in your credit report.

Maintaining This Policy

This policy will be reviewed based on changing business conditions or changes in our information sharing practices.  Llewellyn-Edison Savings Bank, FSB reserves the right to change this policy at any time and our customers will be notified in accordance with applicable laws and regulations.