Mount Vernon Bank & Trust Company

CONSUMER PRIVACY POLICY

   Securing Your Financial Privacy….

      Earning Your Confidence….

         Preserving Your Trust….

OUR PROMISE. Mount Vernon Bank and Trust Company firmly believes that maintaining the confidentiality of our customers' information is at the core of our customer relationships. In continuing our commitment to provide quality service to our customers, Mount Vernon Bank and Trust Company has adopted the following consumer privacy statement for officers, directors and employees. We want you to understand what information we collect and how we use it. We promise that we will collect, use, retain and protect your confidential information as set forth in this Privacy Statement.

INFORMATION WE COLLECT. We collect and retain information about you only when we reasonably believe that the information will assist us in managing your accounts and services and in providing products, services and other opportunities to you. We collect nonpublic personal information about you from the following sources:

• Information we receive from you on applications or other forms, such as: your name, address, social security number, assets, and income.

• Information about your transactions with us, or others such as: your account balance, payment history, parties to transactions, and credit card usage.

• Information we receive from a consumer reporting agency, such as: your creditworthiness and credit history.

INFORMATION WE DISCLOSE. We do not disclose any nonpublic information about our customers or former customers to anyone, except as permitted or required by law. We may disclose all of the information we collect, as described above to service providers and to companies that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements. Those companies contractually agree not to use the information for any other purpose.

OUR SECURITY PROCEDURES. One of the ways we protect your information is by limiting access to information about you to those employees with a business reason to know your information. In addition, we train our employees about the importance of maintaining the confidentiality of customer information. We take appropriate disciplinary action to enforce our employees' privacy responsibilities. We maintain physical, electronic and procedural safeguards that comply with federal standards to guard your nonpublic personal information.

Privacy for Internet Users. Our commitment to safeguard your privacy also extends to the Internet. If you are just browsing through our website (www.mountvernonbank.com), we do not request any personally identifiable information, nor do we collect unique identifying information about you unless you voluntarily and knowingly provide us that information, such as when you send us an email or complete an application online. If you provide us this information, it is only used internally and in furtherance of the purpose for which it was provided.

Our Internet Web Host provider, Interland, Inc., (Interland) may collect general information on our website visitors. Our Internet financial services provider, Precision Computer Systems, Inc. (PCS) may collect general information on our Internet Banking visitors. This information is collected simply to help us provide banking and other financial services to you online. They collect certain information on our behalf for security and statistical purposes. The information collected for these purposes may include:

• The Internet address (referral site) which brought you to our web site;

• The date and time you access our site;

• The name and version of your web browser;

• The Internet service provider you used when you accessed our site;

• Your Internet Protocol (IP) address; and

• The pages visited in our website.

PCS  uses cookies for security purposes in our Internet Banking service. Cookies are not used by Interland in the hosting of our web page.

In the future, we may use aggregate, general, non-personally identifiable information to help us market our products and services that may be of interest you.

Additional information about IP addresses and cookies are provided below.

Internet Protocol (IP) Addresses. An IP address is a number that's automatically assigned to your computer whenever you're on the Internet. Web servers, the computers that "serve up" Web pages, automatically identify your computer by its IP address.

When collecting information for us, PCS does not link IP addresses to anything personally identifiable, which means that a user's session will be logged, but the user remains anonymous.

PCS may use IP addresses to audit the use of our site. They can and will use IP addresses to identify a user when necessary for security purposes.

What is a Cookie? A cookie is a very small text file sent by a web server and stored on your hard drive, your computer’s memory, or in your browser so that it can be read back later. Cookies cannot “read” information about you from your computer or be used to “steal” information about you; and cookies don’t carry viruses. Cookies are a basic way for a server to identify you (most cookies actually identify the computer you happen to be using at the time, not you personally). Cookies are used for many things from personalizing start up pages to facilitating online purchases. Cookies help sites recognize return visitors and they perform a very important function when you engage in secure Internet banking. For your security, we do not store any of your personal information in our cookies. The cookies used in our Internet banking system are further described below.

Internet Banking Cookies. PCS uses encrypted cookies that do not pass to your computer’s hard drive. Instead, the cookie is stored in your computer’s memory, identifying only your computer while you are logged on. Only PCS can read the information in these cookies. This Internet banking cookie allows PCS to process multiple transactions during your session without requiring you to reenter your pass code for each individual transaction. The cookies for Internet banking simply provide another level of security for our Internet banking product. When you log off, or close your browser, the cookie is destroyed. A new cookie is used for each session. That way, no one can use the prior cookie to access your account. For additional security, the cookie expires after 10 minutes of inactivity. It must then be renewed by reentering your pass code. PCS does not (and cannot) use this cookie to collect or obtain new personal information about you. You must allow your browser to accept this cookie so you can use the Internet banking system.

Email Policies. In the future we may send you email notices for certain disclosures if you choose to accept electronic disclosures or statements. We may also send you emails to market our products and services that may be of interest you. We may also provide you an opportunity to subscribe to a newsletter; however, we will always provide you an opportunity to opt-in or opt-out of these advertising promotions if required by law. PCS may send these emails as an agent on our behalf.

External 3rd Party Links. Our website has numerous links to other 3rd party sites. These links to external third parties are offered as a courtesy and a convenience to our customers. While using our Website, you may still see our logo when visiting other 3rd party sites. A technique called “Framing” allows us to display our logo and look and feel while allowing you to browse another site at the same time. It’s important to note that while you may still see our logo and frame, any information you provide to a 3rd party is not covered by our privacy policy.

BE SURE TO CHECK THE PRIVACY STATEMENTS OF ANY THIRD PARTY WEB SITE FOR INFORMATION ABOUT THEIR USE OF COOKIES AND PERSONAL INFORMATION THEY MAY COLLECT. AS YOU WILL BE SUBJECT TO THEIR POLICIES WHEN YOU VISIT THEIR SITES.

With the exception of our service provider, PCS, we do NOT have access to the information collected by any third party, nor can we control how they use this information. If you have questions or concerns about the privacy policies and practices of these third parties, please review their websites and contact them directly.

Security. We offer secure messaging through our Internet Banking service. You should use the secure messaging service anytime you send us sensitive personal information.

Be aware that email sent to Mount Vernon Bank and Trust Company through regular Internet email is not encrypted and is not a secure method of communicating confidential, personal information with us. We would advise not including information in your regular, insecure email such as account numbers or social security numbers. 

Our Internet Banking service provider, PCS, has also developed security policies and procedures to protect the customer information that they must collect and maintain to help us process your banking transactions over the Internet. They have developed a top-of-the line security system to ensure your customer information is protected on the Internet and within the PCS environment.

Privacy of Children. Mount Vernon Bank and Trust Company respects the privacy of children. We do not knowingly collect names or any other personally identifiable information from children. We do not knowingly market to children nor do we allow children to open accounts online without parental consent

EFFECTIVE DATE. This Privacy Statement is effective January 16, 2004. We reserve the right to periodically change our statement from time to time, but will not do so without first notifying you of any change. We will provide our customers copies of our Privacy Policy on an annual basis. If you have agreed to accept disclosures electronically, we may send you an email telling you where the Privacy Policy can be viewed from our website. If you ever have questions or concerns about the integrity of your account information, please contact us by phone at 319-895-8835 or my email to info@mountvernonbank.com. In addition, if you believe any information that this financial institution or PCS has collected about you has been used for an improper purpose; please contact us. Explain your concerns in as much detail as possible so that we may take any appropriate action.

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