Advance Bank Privacy Notice

Protecting your privacy and confidential information is a top priority at Advance Bank. We value your business and the trust that you put in us. To offer you the financial products and services that you seek, we collect, maintain, and use information about you on a routine basis. We use technology to manage and maintain this information. To help you better understand how your personal information is protected here at Advance Bank, we are providing you with the following statement describing our policies and practices with respect to the privacy of customer information. In the event that you terminate your relationship with us or become an inactive customer, we will continue to adhere to the policies as described in this statement.

What Information We Collect

We collect, maintain and use personal information about individual customers as we believe is necessary to transact business with our customers. We may collect this information from you and from other sources, including:

• Information we receive from you on applications for mortgage loans or other loan products, deposit account forms and other financial products;
• Information about your transactions with us or others; and
• Information we receive from other third parties such as a consumer-reporting agency.

What Information We Disclose

We do not disclose any personal information about our customers except as permitted by law or described in this notice. Among other circumstances, we are permitted to disclose personal information about you to non-affiliated third parties under certain circumstances to provide financial products and services or as may otherwise be necessary to protect your or our interests. For example, we may disclose personal information about you to third parties to assist us in servicing your loan or other account with us, to government entities when required or permitted by law, and to credit bureaus.

We reserve the right to disclose all of the information we collect, as described above, about our customers to companies that perform services and functions, including marketing services, on our behalf and to disclose some of this information to other institutions with whom we have joint marketing agreements.

How We Protect Your Information

Guarding your privacy is our obligation and we take steps to safeguard your personal information. We restrict employee access to customer information only to those who have a business reason to know such information, and we educate our employees about the importance of confidentiality and customer privacy. We also maintain physical, electronic and procedural safeguards that comply with federal standards to safeguard your personal information.

Our Policy May Change

We reserve the right to change our privacy policy and this notice from time to time without prior notice to you, unless prior notice is required by law. If you have a continuing relationship with us, we will provide you with our current notice not less than annually as required by law.