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Kennett
National Bank maintains
information and data about
our customers for various
reasons. The following privacy
principles were adopted
to maintain the security,
integrity and confidentiality
of your personal financial
information.
Various
types of information are
collected for the following
reasons:
We
regularly collect and retain
the information we obtain
from your account applications,
account transaction history
(for deposits, loans, certificates
of deposits, etc.) and from
consumer reporting agencies.
This information enables
us to:
- Establish and administer
your accounts.
(We ask for personal
information to protect
your accounts from fraud,
identity theft, etc.)
- Satisfy certain regulatory
requirements.
(When you apply for
a new loan to purchase
a home, we are required
to ask marital status,
age and gender. To open
an interest bearing
account, we must ask
for your Social Security
Number to comply with
the Internal Revenue
Service.)
- To better understand
you so that we may provide
you with additional
or improved products
and services as they
become available. (We
require information
concerning your credit
history and financial
statements to determine
if you quality for loan
approval.)
Kennett
National Bank does not share
either current or previous
customers' non-public personal
information with affiliates
or with non-affiliated third
parties except as permitted
or required by law.
Protection
of information
Kennett
National Bank is committed
to the security of your
financial and personal information.
Access to your personal
or account information is
restricted to only those
employees who are directly
involved with a business
reasons to know that information.
Our personnel have been
trained and are aware of
these security measures.
Each employee signs a security
policy and must abide by
the policy.
Preventative
measures have been implemented
to prevent unauthorized
access to your information.
We maintain security standards
and procedures that conform
with industry practices.
These security standards
and procedures are routinely
tested and audited to verify
the integrity of our system.
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