Privacy Policy




What Does Kennebec Savings Bank Do With Your Personal Information?

Revised Date: September 2014

Why? 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.
What? 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
  • Account balances
  • Transaction history
  • Credit history
  • Account transactions
  • Mortgage rates and payments
When you are no longer our customer, we continue to share your information as described in this notice.
How? All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information, the reasons Kennebec Savings Bank chooses to share, and whether you can limit this sharing.
Reasons We Can Share Your Personal Information Does Kennebec Savings 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 Yes No
For our affiliates’ everyday business purposes –
information about your transactions and experiences		 No We Do Not Share
For our affiliates’ everyday business purposes –
information about your creditworthiness		 No We Do Not Share
For our affiliates to market to you No We Do Not Share
What We Do
How does Kennebec Savings Bank protect my information? 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 also maintain other physical, electronic and procedural safeguards to protect this information and we limit access to information to those employees for whom access is appropriate.
How does Kennebec Savings Bank collect my information? We collect your personal information, for example, when you
  • Deposit money
  • Apply for a loan
  • Provide account information
  • Give us your contact information
  • Pay us by check
We also collect your personal information from others such as credit bureaus, affiliates, or other companies.
Why can’t I limit all sharing? Federal law gives you the right to limit only
  • Sharing for affiliates’ everyday business purposes –information about your creditworthiness
  • Affiliates from using your information to market to you
  • Sharing for non-affiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
(See below for more on your rights under state law.)
Definitions
Affiliates Companies related by common ownership or control. They can be financial and non-financial companies. Kennebec Savings Bank does not share with affiliates.
Non‑Affiliates Companies not related by common ownership or control. They can be financial and non-financial companies. Kennebec Savings Bank does not share with non-affiliates so they can market to you.
Joint Marketing A formal agreement between non-affiliated financial companies that together market financial products or services to you. Our joint marketing partners include Broker Dealers.
Applicability

This Privacy Notice applies to products or services provided to consumers by Kennebec Savings Bank. We reserve the right to change this Privacy Notice, and any of the policies described above, at any time.

If you have any questions regarding our Privacy Notice, please contact us at Kennebec Savings Bank, PO Box 50, Augusta, ME 04332 or call us at (207) 622-5801.

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