CONGAREE STATE BANK

CUSTOMER PRIVACY POLICY DISCLOSURE

NOTICE OF YOUR FINANCIAL PRIVACY RIGHTS

We, our, and us, when used in this notice, means Congaree State Bank.

This is our privacy notice for our customers.  When we use the words “you” and “your” we mean the following types of customers.

Our consumer customers who have a continuing relationship by purchasing or holding financial products or services such as:

• Deposit account
• Loan account
• Safe deposit box
• Mortgage brokerage services
• All IRA accounts for which we act as custodian

We will tell you the sources for nonpublic personal information we collect about you. We will tell you what measures we take to secure that information.

We first define some terms.

Nonpublic personal information means information about you that we collect in connection with providing a financial product or service to you. Nonpublic personal information does not include information that is available from public sources, such as telephone directories or government records. Hereafter, we will use the term “information” to mean nonpublic personal information as defined in this section.

An affiliate is a company we own or control, a company that owns or controls us, and a company that is owned or controlled by the same company that owns or controls us. Ownership does not mean complete ownership, but means owning enough to have control.

 A nonaffiliated third party is a person we do not employ or a company that is not an affiliate of ours.  This is also known as nonaffiliated third party, or simply, an “other party.”

THE INFORMATION THAT WE COLLECT
We collect nonpublic personal information about you from the following sources:

• Information we receive from you on applications or other forms
• Information about your transactions with us
• Information about your transactions with nonaffiliated third 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 nonpublic personal information about you to anyone, except as authorized by law.  Examples of this might include disclosures necessary to service you account or prevent unauthorized transactions.

THE CONFIDENTIALITY, SECURITY AND INTEGRITY OF YOUR NONPUBLIC PERSONAL INFORMATION

We restrict access to nonpublic personal 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 that comply with federal regulations to guard your nonpublic personal information.

NONPUBLIC PERSONAL INFORMATION AND NONAFFILIATED THIRD PARTIES

Since we value our customer relationship with you, we will not disclose your nonpublic personal information to nonaffiliated third parties, except as permitted by law.

NONPUBLIC PERSONAL INFORMATION AND FORMER CUSTOMERS

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

INTERNET AND ELECTRONIC PRIVACY

With the rapid expansion of technological capability in our industry and in our institution, Congaree State Bank is committed to maintaining and expanding effective systems to facilitate the convenient delivery of services, regardless of the method of delivery. We value our customers and recognize the importance of your trust and confidence in us. Information gathered via the Internet, when established, or other electronic means will be used only for appropriate purposes such as evaluation of our web pages’ effectiveness, designing new products or services for the benefit of our customers or estimating system capacity needed to conveniently service our customers.