Privacy and Information Security Policy

Your personal privacy is important. At Fairmount Bank, we recognize that whether you are an existing customer or are considering a relationship with us, you have an interest in how we collect, retain and use information about you and your financial relationship with us. We are committed to protecting your confidential information. We accomplish this by maintaining standards and procedures designed to prevent misuse of this information. The following outlines our Customer Privacy Policy and Promise.

Information Collection

We may collect “nonpublic personal information” about you from the following sources. Information we receive from you on applications or other loan and account forms. Information about your transactions with us or others. Information we receive from third parties such as credit bureaus. “Non-public personal information” is non-public information about you that we obtain in connection with providing a financial product or service to you. For example, non-public personal information includes information regarding your account balance, payment history and overdraft history.

Disclosure of Information

We are permitted under law to disclose non-public personal information about you to other third parties in certain circumstances. For example, we may disclose non-public personal information about you to third parties to assist us in servicing your loan account with us, to government entities in response to subpoenas, and to credit bureaus. We require third parties to comply with strict standards regarding security and confidentiality of such information. They are not permitted to release, use for their own purposes or sell any customer information about you to anyone, except as permitted by law. 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.

Security Procedures

We restrict access to customer information to those employees who need to know that information to provide products and services to you. All employees regard customer privacy as paramount to customer protection and satisfaction. Disregard of these requirements will result in disciplinary action, including termination in appropriate cases. We maintain physical, electronic and procedural safeguards that comply with federal standards to guard your non-public personal information.

Accuracy

We continually strive to maintain complete and accurate information about you and your accounts. Should you ever believe that our records contain inaccurate or incomplete information about you, please notify us. We will investigate your concerns and correct any inaccuracies. In addition, under the Fair Credit Reporting Act, you have the right to notify us if you believe we have reported inaccurate information about your account to any Consumer Reporting Agency. Such notices should be sent in writing and include your complete name, current address, social security number, telephone number, account number, type of account, specific item in dispute and the reason why you believe the information is in error. Send your notice to: Fairmount Bank, 8216 Philadelphia Road, Baltimore, MD 21237. We will investigate your concerns and correct any inaccuracies and confirm our actions to you.

Web Site Policy

Visitors to our web site will remain anonymous. We do not collect identifying information about visitors to our web site. Visitors may contact us via the web site by sending a message electronically (e-mail). E-mail is not a secure form of communication. We would recommend NEVER sending confidential or sensitive information via email. Any information we receive will be used internally to handle the customer’s request. Information we receive via e-mail will not be disseminated or sold to any other person. If you are visiting Fairmount Bank’s web site, but do not send us e-mail, we will not have access to your identity.