The Bank of Oswego
Privacy Policy


THE BANK OF OSWEGO PRIVACY POLICY

The Bank of Oswego recognizes and respects the privacy expectations of our customers and in that spirit we provide the following principles of our customer Privacy Policy.

INFORMATION WE COLLECT ABOUT YOU
We collect, non public personal information about you from the following sources: applications or other forms, your transactions with us, or a consumer reporting agency and we use the information about our customers only when we believe it would be useful (and allowed by law) in administering our business and providing products, services and other opportunities to our customers.

We have established procedures so that a customer's financial information is accurate, current, and complete in accordance with reasonable commercial standards. We also respond to requests to correct inaccurate information in a timely manner.

NO DISCLOSURES OUTSIDE OF EXCEPTIONS
We do not reveal specific information about customers or other personally identifiable data to unaffiliated third parties for their independent use, except for the exchange of information with reputable information reporting agencies to maximize the accuracy and security of such information or in the performance of bona fide corporate due diligence, unless:

1) the information is provided to help complete a customer-initiated transaction;
2) the customer requests it; or
3) the disclosure is required by/or allowed by law (e.g., subpoena, investigation of fraudulent activity, etc.).


CONFIDENTIALITY AND SECURITY
We limit employee access to personally identifiable information to those employees who have a business reason for knowing such information. We educate our employees so that they will understand the importance of confidentiality and customer privacy responsibilities.

Our physical, electronic, and procedural safeguards meet or exceed federal standards regarding protection of customer non public information.

We use technological means (such as backup files, virus detection and eradication software, firewalls and other computer software and hardware) to protect against unauthorized access or alterations to customer data.

We maintain appropriate security standards and procedures regarding unauthorized access to customer information.

If personally identifiable customer information is provided to a third party, we insist that the third party adhere to similiar privacy principles that provide for keeping of such information confidential.

The Bank of Oswego will continue to provide our customers with an understanding of its Privacy Policy.

Customers that are concerned about financial privacy and want to know more about this important issue may contact their Banking Officer or any employee at The Bank of Oswego.

SEE THE PRIVACY NOTICE link for more information.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you:
When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you.
We may also ask to see your driverís license or other identifying documents.