Prime Security Bank recognizes and respects your expectation of privacy and we are committed to protecting consumer information collected, used, and secured. We share information with third parties in limited circumstances as permitted or required by law. We maintain standards to ensure that your information is private and secure at all times.

Information Collected, Used and Retained

We collect, use and retain nonpublic personal information about you only where we reasonably believe that it is necessary to effect, administer or enforce a transaction. Information may also be shared, as described below to companies that perform marketing services on our behalf or to other financial institutions with which we have joint marketing agreements. Nonpublic personal information is generally, "personally identifiable financial information" that is not "publicly available."This information is obtained in connection with providing a financial product or service to you.

We collect the indicated types of nonpublic personal information about you from the following sources:

• information received from you on applications or other loan and account 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; and
• information we receive from a consumer reporting agency (for example, credit bureaus) such as your creditworthiness and your payment history.

We use the information to protect and administer your records, accounts and funds; to comply with certain laws and regulations; and to understand your financial needs so that we may provide you with quality products and superior services.

We use and retain the information collected from customers and former customers as disclosed in this policy and as allowed or required by applicable law or regulation.

Information Disclosed

We will share nonpublic personal information that we collect as described above as permitted by law.

Sharing specific information about your accounts or other personally identifiable data to either affiliated or non-affiliated third parties is permitted under law when:

• you request or authorize it;
• the information is provided to help complete a transaction initiated by you;
• the information is provided to a reputable credit bureau or similar credit reporting agency;
• the disclosure is lawfully permitted or required (for instance, in accordance with the Right to Financial Privacy Act, the Treasury Department's Financial Recordkeeping Regulation, a court order, or a regulatory examination);
• affiliated or nonaffiliated third parties assist us in servicing your loan or account with us;
• any other circumstances as permitted or required by law.

Security of Customer Information

We maintain physical, electronic, and procedural information safeguards that comply with federal standards to guard nonpublic personal information. We continually evaluate and access new technology for protecting information.

Employee Access to Information

Employee access to customer information is limited to those with a business reason to have access to such information. We educate our employees on the importance of maintaining confidentiality of customer information and on this privacy policy disclosure. We will take appropriate disciplinary measures to enforce our privacy policy.

Maintenance of Accurate Information

We have established procedures to ensure that your financial information is accurate, current, and complete in keeping with industry standards and federal law. Should you ever believe or question that our records contain inaccurate or incomplete information about you, please notify us.

Privacy Policy Disclosure

We want you to understand our commitment to privacy in our collection and use of customer information. We will provide you a privacy policy disclosure at the time you establish your relationship with us and on an annual basis thereafter. If you have any questions about this policy or concerns about the privacy of your information, please contact us at (218) 436-2151 (Karlstad), (218) 762-2151 (Lancaster), (952) 403-6400 (Shakopee), (952) 345-6280 (Mound) or (651) 332-7600 (Eagan).

Last Revision - 03/01/08