InsurBanc Privacy & Security Policy Statement

The safekeeping of client information is a priority for InsurBanc. We recognize and respect the importance of your personal privacy and the security of your information and are committed to treating client information responsibly.

At InsurBanc our clients have access to a broad range of products and services. To deliver these products and services as effectively and conveniently as possible, it is essential that we use advanced technology to manage and maintain certain client information. Any information obtained by InsurBanc from our clients will be for our purposes only, in order to evaluate requests to open accounts or issue credit. Your information helps us to provide service and manage your accounts, anticipate and meet your financial needs, protect your account against fraudulent activity and operate our business to serve you more efficiently. Personal information you provide is protected at the highest level current technology allows and will be kept confidential. InsurBanc takes steps to safeguard client information via the use of advanced technology and information management to implement security, audit and control programs designed to protect the confidentiality and security of the information we collect. InsurBanc maintains physical, electronic and procedural safeguards to comply with federal standards to guard your non-public personal information. Non-public personal information is information that we obtain in connection with providing a financial product or service to you. For example, nonpublic personal information includes information regarding your account balance, payment history and overdraft history. Access to non-public, personal information is limited to Bank employees with a valid business reason for such access. Employees are educated on the importance of maintaining the confidentiality of client information. Employees who violate these standards will be subject to disciplinary measures.

InsurBanc may collect “non-public personal information” about you from the following sources:

• Information we receive from you on applications or other loan and account forms,
• Information about your transactions with us or others; and
• Information we receive from third parties such as credit bureaus.

Additionally, InsurBanc builds checks and balances into procedures; such as asking information only you would know when you call us so that we can properly identify clients. Clients can also help safeguard their personal information by taking a few simple precautions. Protect your account, PIN and client access numbers. Never share your password or disclose confidential information to unknown callers.

Financial institutions are permitted to share client information with companies and third parties under certain conditions. InsurBanc has established a relationship with independent insurance agents who are non-affiliated third parties. InsurBanc does not share information obtained except with the independent insurance agent when considered pertinent. Therefore, InsurBanc will provide clients with a prescribed disclosure that information may be disclosed to their independent insurance agent and give them the opportunity to prevent (opt out) of such disclosure to said third party before the disclosure of information takes place. InsurBanc may also share information with outside firms or agencies that are hired to help us with any part of our business or to perform data processing. When we do share information, it is always under confidential conditions. We require these outside firms to maintain the confidentiality of your information in accordance with InsurBanc’s privacy principles and to comply with applicable law. In addition, like other banks and financial institutions in the course of doing business, we sometimes exchange information with consumer reporting agencies and clearing houses. InsurBanc may also share information for security reasons, however, we do not provide any client information to mailing lists, nor do we sell information for cross-selling purposes.

It is a priority for InsurBanc to maintain accurate and up-to-date client information based on what our clients, credit-reporting agencies and other outside sources provide to us. If you notify us of inaccurate information or updated information, we will promptly investigate and make any necessary corrections. If you decide to close your accounts or become an inactive client, we will continue to adhere to the privacy policies and practices described in this notice.

InsurBanc will not obtain personally identifying information when you visit our website unless you choose to provide such information. Additionally, InsurBanc will not require you to send confidential information such as your social security number or account numbers via e-mail. If this information is needed we will ask you to provide it via telephone, mail or in person. We may enter the information you provide into our electronic database, and you may also be contacted by us for additional information.

InsurBanc understands the importance of security on the Internet. Established clients of the Bank will key in a login ID and a confidential password. We have established security procedures to protect against unauthorized access. The Bank utilizes a “3 strikes and you’re out” lockout mechanism to deter users from repeated login attempts. After three unsuccessful login attempts, the system locks the user out, requiring either a designated wait period or a phone call to the Bank to verify the password before re-entry into the system. The Bank’s Internet banking system utilizes a combination of ICSA (International Computer Security Association) approved security technologies to protect data for the Bank and for the client. It features password-controlled system entry, a digital ID for the Bank’s server, protocol for data encryption and a router loaded with a firewall to regulate the inflow and outflow of server traffic. A firewall is a security mechanism that regulates the data going in and out of a computer network. Data filters through a router and firewall before it is permitted to reach the server. A router, a piece of hardware, works in conjunction with the firewall, a piece of software, to block unauthorized and direct traffic coming to the server.