Privacy Policy
Protecting the privacy of consumers is important to DB&T and our employees. We want you to understand what information we collect and how we use it. In order to provide our customers with a broad range of financial products and services as effectively and conveniently as possible, we use technology to manage and maintain customer information. The following policy serves as a standard for all Damariscotta Bank & Trust Company employees for collection, use, retention, and security of nonpublic personal consumer information.
"Consumer" means an individual who obtained a financial product or service from a bank that is to be used primarily for personal, family or household purposes, or that individual's legal representative.
What Information We Collect
We may collect "nonpublic personal information" about you from the following sources:
- Information we receive from you on applications or other forms;
- Information about your transactions with us or others;
- Information we may obtain when you visit our Web Site; and
- Information we receive from third parties such as consumer reporting bureaus.
"Nonpublic personal information" is nonpublic information about you 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.
What Information We Disclose
We are permitted under law to share information about our experiences or transactions with you or your account (such as your account balance and your payment history with us) with companies related to us by common control or ownership ("affiliates").
We are permitted under law to disclose nonpublic personal information about you to "non-affiliated third parties" (i.e., third parties that are not members of our corporate family) in certain circumstances. For example, we may disclose nonpublic personal information about you to third parties to assist us in servicing your loan or account with us, to government entities in response to subpoenas, and to credit bureaus. We may so disclose all of the information that we collect, as described. We do not disclose any nonpublic personal information about you to anyone, except as permitted by law.
We may also disclose all of the information we collect, as described above, to companies that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements.
Our Former Customers
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.
Our Security Procedures
We also take steps to safeguard customer information. We maintain policies that require restrictions on access to nonpublic personal information about you to those employees who need to know that information to provide products or services to you. Our policies provide that employees who violate these standards be subject to disciplinary measures. We also provide training with respect to information security to our staff. We maintain physical, electronic and procedural safeguards that are intended to comply with federal standards to guard your nonpublic personal information.
Visits on our Internet Site
When you visit us on the Internet, we may place a "cookie" on your browser that records the number of visits made to our own pages, however personal information is not collected. We make every effort to safeguard all important data and we strongly recommend that you keep your personal computer's security up to date as much as possible. Upgrading your web browser's security is an important step in safeguarding your personal information.
Questions
We may change our policies from time to time as we deem necessary. Please contact us if you have any questions about the privacy of your personal information or our policies. You can stop by any of our offices or call us at 1-800-639-8381.
