Disclosures

SETTLERS BANK
Disclosure Concerning
PRIVACY OF CONSUMER FINANCIAL INFORMATION

At Settlers Bank, the basis of each customer relationship is trust. We have an obligation to honor that relationship with great care, beginning with the information the customer has chosen to share with us. At Settlers Bank, we strongly believe that the privacy of the customer should not be compromised. At the same time, we want to offer our customers the array of financial products and services they need to accomplish their financial goals. We believe we can do both through the privacy policy outlined below.

Settlers Bank Privacy Policy for Customer Information

Settlers Bank is dedicated to making the banking experience of our customers the most rewarding and satisfying available. In order to do so, we provide our customers with the highest level of customer service and convenience by continuing to utilize the latest innovations and technology. The use of such technology, however, can raise concerns about the confidentiality of customer information. Since its inception, Settlers Bank has taken every precaution to protect our customer's privacy, including the careful development of this privacy policy statement.

Privacy Concerns of Our Customers

Settlers Bank cares about each and every customer. We believe the confidentiality and protection of customer information is one of our fundamental responsibilities. And while information is critical in providing quality service, we recognize that one of our most important assets is our customer’s trust. Thus, the safekeeping of customer information is a priority for Settlers Bank. We have strict policies and procedures in place to protect customer information from being disclosed to unauthorized persons.

Use, Collection, and Retention of Customer Information

Settlers Bank will only obtain and utilize customer information for lawful business purposes as necessary to facilitate transactions with our customers. We collect information about our customers from the following sources:

• Information we receive on applications for loans or other forms
• Information about customers’ transactions with us or others
• Information we receive from consumer reporting agencies (i.e. credit bureaus, ChexSystems).

Maintaining Accurate Customer Information

Maintaining accurate information is essential to protect the integrity of our customers' records. Settlers Bank takes precautions, in accordance with reasonable commercial standards, to ensure information is accurate, current and complete. If we are made aware of any inaccurate information, we have procedures in place to correct this information in a timely manner.

Restricted Access to Confidential Information

Settlers Bank takes the privacy expectations of our customers seriously. We restrict access to nonpublic (confidential) personal information about our customers only to those employees who need to know that information in order to provide products or services to our customers. In addition, we maintain physical, electronic, and procedural safeguards in compliance with federal regulations to protect customers’ nonpublic personal information. Further, each director, officer and employee has been made aware of their responsibility to respect the privacy concerns of our customers and to safeguard nonpublic personal information. Any breach of our privacy policy is grounds for disciplinary action.

Disclosure of Customer Account Information

When it comes to disclosing customer information to unaffiliated companies, Settlers Bank places strict limits on who receives specific information about customer accounts or other personally identifiable data.

In some instances, it may be necessary to exchange information with reputable information reporting agencies in order to maximize the accuracy and security of our customer’s personal information.

In general, however, we will not disclose any account information, account number or similar form of access number or access code or other personally identifiable information to any nonaffiliated third party unless one of the following applies:

1. The information is provided to help complete a customer-initiated transaction
2. The customer specifically requests and authorizes the disclosure of information
3. The disclosure is required or allowed by law. We may be legally required or permitted to release certain customer information in response to judicial processes, such as a subpoena, a writ of suggestion, garnishment, a fraud investigation, or to comply with requests for information from government agencies or federal regulators in accordance with the Right to Financial Privacy Act or other federal or state banking laws and regulations.

If you decide to close your account(s) or become an inactive customer, we will continue to adhere to the privacy policies and practices described in this notice.

Maintaining Customer Privacy in Business Relationships With Third Parties

Settlers Bank is diligent when it comes to the selection of the companies with which we business. We ensure that these companies are obligated to adhere to the same strict standard of confidentiality that we maintain regarding the privacy of personally identifiable information provided to them, and we have covenants in our agreements with such companies that enable us to enforce those standards.

Settlers Bank Web Site

When you browse the public areas of the Settlers Bank home page and related pages at www.settlersbank.com, none of your account and personal information is obtained for storage on our system.

For Further Information

At Settlers Bank, we value our customer relationships. We want you to understand how we use the information you provide and our commitment to ensuring your personal privacy. If you have any questions about how Settlers Bank protects your confidential information, please contact us at (740) 373-9200 or 115 Third Street, Marietta OH 45750. You may also email us at info@settlersbank.com.