Our Privacy Policy

LONE SUMMIT BANK believes that maintaining the confidentiality of our customer’s personal information is one of our most important concerns.  We promise that we will protect your confidential information according to State and Federal laws.

Information That We Collect

During the normal course of business, LONE SUMMIT BANK will collect non-public personal information about you from the following sources:

Ø Information we receive from you on applications or other forms;

Ø Information about your transactions with us, and

Ø Information we receive from third parties, such as credit bureaus

Non-public personal information is information about you that we may obtain in connection with providing a financial product or service to you.  This type of information includes account balances, payment history and overdraft history.

Information That We Disclose

LONE SUMMIT BANK understands that you expect your personal information to be handled with great care.  We do not disclose any non-public information about our customers or former customers to anyone, except as necessary to provide service or as otherwise permitted by law.

We are permitted by law to disclose non-public information about you in certain circumstances to third parties that are not a part of LONE SUMMIT BANK.  For example, we may share information with companies that print checks for us, mail customer statements or provide data processing services.  These companies are not authorized to use your information for any other purpose than what they have been contracted for.  We are also permitted to release information in the following situations:

Ø When you authorize us to release information

Ø To credit reporting agencies

Ø To comply with a law, regulation, court order or subpoena

Ø To verify the existence of your account and general information regarding your account for a merchant or other financial institution.

Ø In response to an inquiry about whether a check you have written on your account will clear.

Ø To local, state and federal authorities if we believe a crime may have been committed involving your account.

Ø To our independent auditors, consultants or attorneys and to agencies that regulate us.

Confidentiality & Security

Access to non-public personal information about you is restricted to employees who need to know that information to provide financial services and products to you.  LONE SUMMIT BANK maintains physical, electronic and procedural safeguards that comply with federal standards to guard your non-public personal information.

Questions?

You can request additional information regarding the LONE SUMMIT BANK Security Policy by contacting us by phone at 816-246-5663 or via email at customerservice@lonesummit.com.