WHAT DOES Morton Community Bank

DO WITH YOUR PERSONAL INFORMATION?

Financial companies choose how they share your personal information.  Federal law gives consumers the right to limit some but not all sharing.  Federal law also requires us to tell you how we collect, share, and protect your personal information.  Please read this notice carefully to understand what we do.

The types of personal information we collect and share depend on the product or service you have with us.  This information can include:

·         Social Security number and income

·         Payment history and account balances

·         Transaction history and credit history

All financial companies need to share customer’s personal information to run their everyday business.   In the section below, we list the reasons financial companies can share their customer’s personal information; the reasons Morton Community Bank chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

Does Morton Community Bank share?

Can you limit this sharing?

For our everyday business purposes -

Such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus.

Yes

No

For our marketing purposes -

To offer our products and services to you

Yes

No

For joint marketing with other financial companies

No

We don’t share

For our affiliates’ everyday business purposes -

Information about your transactions and experiences

No

We don’t share

For our affiliate’ everyday business purposes -

Information about your creditworthiness

No

We don’t share

For our affiliates to market to you 

Yes

Yes

For nonaffiliates to market to you

No

We don’t share

To limit our sharing

·         Call 309-347-5101

Please note:

If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice.  When you are no longer our customer, we continue to share your information as described in this notice.

However, you may contact us at any time to limit our sharing.

Questions?

Call Donna Weghorst at 309-347-5101

  Morton Community Bank and its divisions

To protect your personal information from unauthorized access and use, we use security measures that comply with federal law.  These measures include computer safeguards and secured files and buildings.

We collect your personal information, for example, when you

·         Open an account or apply for a loan

·         Pay your bills or use your credit or debit card

·         Deposit money

We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.

Federal law gives you the right to limit only

·         Sharing for affiliate’s everyday business purposes – information about your creditworthiness

·         Affiliates from using your information to market to you

·         Sharing for nonaffiliates to market to you

State laws and individual companies may give you additional rights to limit sharing.

Your choices will apply for everyone on the account.

Companies related by common ownership or control. They can be financial and nonfinancial companies.

·         Our affiliates include financial companies such as our investment and insurance companies

Companies not related by common ownership or control. They can be financial and nonfinancial companies.

·         Morton community Bank does not share with nonaffiliates so they cannot market to you

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

·         Morton Community Bank does not jointly market.