McClain Bank
Notice of
PRIVACY POLICY


At McClain Bank, the basis of each customer relationship, many of which span generations, is TRUST. We recognize that you have a right to expect your personal financial information to remain private and secure. At the same time, we want to offer you the array of financial products and services you need to accomplish your financial goals. We believe we can do both through the privacy policy outlined below.

Information we collect

We collect information about you only when we believe that it will assist in administering or providing products, services, and other opportunities to you. The information we collect comes from a variety of sources: credit reporting agencies, income, employment or other confidential information you provide to us, and information regarding your accounts and history with us. We may also collect information about your transactions from our affiliate. The information collected and retained about you is used to:

• Protect and administer your records, accounts and funds
• Comply with certain laws and regulations
• Help us design or improve our products and services
• Understand your financial needs so that we can provide you with quality products and superior service

Information Sharing

We do not reveal specific information about your accounts or other personally identifiable data to outside parties for their independent use unless:

• You 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 information reporting agency
• The disclosure otherwise is lawfully permitted or required

We may disclose information we collect to other financial institutions with whom we have joint marketing agreements. We may 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.

We DO NOT provide account or personal information to non-affiliated third parties for the purpose of independent telemarketing or direct mail marketing of any non-financial product or service of those companies.

Should 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.

Confidentiality & Security

We limit access to personal information about you to those employees and agents who need to know the information to provide products and services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to protect personal information and we regularly review our security standards and procedures to protect against unauthorized access your personal information. Each McClain Bank employee is required to follow our Company’s “Code of Conduct,” which states that all customer information is considered private and privileged and is to be used solely for the purpose of providing you with the finest service available.

At McClain Bank, we value our customer relationships. We want you to understand how we use the information you provide and our commitment to ensuring your personal privacy. If you would like more information regarding McClain Bank's Privacy Policy, please call (405) 527-6503, write to us at P.O. Box 351, Purcell, OK 73080.