Kenney Bank and Trust: Business Customers
Effective April, 2006 until further revised.
Online Privacy Statement
This website is not directed at children.
At Kenney Bank and Trust, our business customers are very important to us. On a daily basis, we strive to protect their privacy while satisfying their banking needs. When a business desires to have an account or lending relationship with Kenney Bank and Trust, there may be individuals who, in connection with the business account (as owner, guarantor, etc.) are required to provide their non-public personal financial information (“Information”) to us. We are committed to treating such Information responsibly. Information may include personally identifiable financial information and any other information that we may obtain as described in this Online Privacy Statement (“Privacy Statement”). Businesses should make sure to share the information disclosed in this Privacy Statement to such individuals so that they are aware of how we protect their personal financial information. If your business would ever cease being a customer of ours, the privacy practices in this Privacy Statement will remain in effect as to the Information we received.
This Privacy Statement applies to businesses that have a relationship with Kenney Bank and Trust and/or any of its other affiliates and subsidiaries including:
iTeam Companies, Inc.
iStream Financial Services, Inc.
iLease Direct, Inc.
While we may update or revise the information contained in our Privacy Statement from time to time, rest assured that we will communicate the important changes to you. We recognize and value the trust you have placed in us to safeguard Information. Please read on to learn more.
Our Affiliates
It is possible that certain Information may be shared with our affiliates. When we refer to our affiliates in this Privacy Statement, we mean iTeam Companies, Inc., iStream Financial Services, Inc., iLease Direct, Inc., and any other companies that later may affiliate with us.
Information is Confidential and Secure
We believe the confidentiality and protection of Information is one of our fundamental responsibilities. Because we want to maintain your trust, the safekeeping of Information is a priority for us. We restrict access to Information to our employees who need to know in order to provide products or services to you, and others permitted by law. We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard Information. Some of these safeguards include maintaining anti-virus protection, firewalls, back-up files and other technological means to help guard against unauthorized access or data alteration.
Information That We Collect and Maintain
We collect, retain, and use Information only where we reasonably believe that it will help administer our business or to provide products, services, and other opportunities to you. We use such Information (i) to protect and administer your records, accounts, and funds, (ii) to comply with certain laws and regulations, (iii) to help us design or improve our products and services, and (iv) to understand your financial needs so that we can provide you with quality products and superior service. We will tell you why we are collecting and retaining such Information upon request.
We may collect Customer Information from sources that might include the following:
Applications: information we receive from you on applications or other forms;
Transactions: information about your transactions with us, our affiliates, or others;
Third Parties: information we obtain from others, including information regarding your creditors, assets and verification of representations made by you; and
Reporting Agencies: Information we receive from a consumer reporting agency.
We may also use “cookies” to obtain certain types of information when your web browser accesses our website. Cookies are alphanumeric identifiers that we may transfer to your computer’s hard drive through your web browser to enable our system to recognize your browser and to provide various functionality and storage of information. The “help” portion of the toolbar on most browsers will tell you how to prevent your browser from accepting new cookies, how to have the browser notify you when you receive a new cookie, or how to disable cookies altogether.
Information Sharing is Very Limited
From time to time, we might share a very limited amount of Information with our affiliates and other nonaffiliated third parties, usually for purposes of providing or making available products and services that you may be interested in. Our practices concerning the limited sharing of Information with our affiliates and nonaffiliated third parties are further described below. Information that may be shared includes the following:
Information we receive from you and others connected with your account on applications or other forms, such as name, address, social security number and income; Information about your transactions with us, any of our affiliates, or others, such as your account balance, payment history or parties to transactions; and Information we receive from a consumer reporting agency, such as your creditworthiness and credit history.
Information shared with affiliates
In order to address your needs and provide better service to you, we may from time to time share some Information with certain of our affiliates if there is a reason to do so. Information may be shared with certain of our affiliates (and authorized third parties described in the next section below) for reasons that may include our efforts to protect accounts from identity theft or unauthorized access, to process account and loan applications, for providing information about available financial products or services, or for servicing purposes such as preparing and sending account statements, loan statements and issuing checks. The Fair Credit Reporting Act allows individuals to opt-out from having personal credit information shared with our affiliates. However, if an individual does so, we are still permitted to share other information with our affiliates, including information about their identity and transactions with our affiliates, as permitted by law.
Information shared with nonaffiliated third parties
You should know that we do not sell or share Information to nonaffiliated third parties so that they can market and sell to you. However, there are some nonaffiliated third parties with whom we do share Information in order to provide our products and services to you, and this is usually done only if they are contractually obligated to (i) use the Information solely to perform services for us, and (ii) maintain the information strictly confidential. We may share Information with the following types of nonaffiliated third parties even if an individual has opted-out, because it is permitted by law:
Third parties that help us provide services that are necessary to effect, administer or enforce any authorized or requested transactions; Courts, governmental agencies and law enforcement officers as required by law, subpoena or court order; Credit bureaus and other similar reporting agencies; and Other nonaffiliated third parties as permitted by law.
Telephone Calls and Mailings
To offer a better variety of services and opportunities that may be of interest to you, we or any of our affiliates may from time to time call you about, or mail to you, materials explaining these services and opportunities. Individuals may elect to opt-out of these calls and mailings, however if done, we are still permitted to call and send mailings in order to provide account and service related information. Any such mailings may include marketing materials.
Your Opt-Out Rights
Except in those situations where the law permits or requires us to share Information (see “Information Sharing is Very Limited”), individuals have certain choices as to the sharing of their Customer information. If an individual prefers that we not share Information with nonaffiliated third parties (other than as permitted or required by law), the individual must notify us that he or she would like to opt-out. The individual must also notify us if he or she would like to opt-out of having personal credit information shared with our affiliates or if he or she does not want to receive telephone or direct mail marketing. An individual may exercise or change opt-out choices at any time and the preferences will apply to all other individual accounts we have on record for such individual, based on our available information.
If an individual has already notified us of any opt-out choices, those choices will remain in effect and the individual will not need to inform us again unless a change in choices is desired. An individual’s opt-out choices will continue to be honored by us, even if the respective account with us is later closed.
An opt-out notice can be provided to us by telephone at 217-944-2296 or by
e-mail at customerservice@kenneybank.com. We can also be reached by regular mail at Kenney Bank and Trust, 502 E Jordan St, PO Box 117, Kenney, IL 61749.
