hand holding augmented reality padlock

Privacy Policy

What does Monticello Bank do with your personal information?

Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law, also requires us to tell you how we collect, share and protect your personal information. Please read this notice, provided by Monticello Banking Company, carefully to understand what we do.

The types of personal information we collect and share depend on the product or service you have with us. This information can include:
  • social security number and income
  • account balances and payment history
  • credit history and credit scores
All financial companies need to share consumers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Monticello Banking Company chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information Does MBC  Share? Can you limit this sharing?
For our everyday business purposes
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus
YES N0
For our marketing purposes
to offer our products and services to you
YES NO
For joint marketing with other financial companies YES NO
For our affiliates’ everyday business purposes
information about your transactions and experiences
YES NO
For our affiliates’ everyday business purposes
information about your creditworthiness
NO N/A
For our affiliates to market to you NO N/A
For our non affiliates to market to you NO N/A

How does Monticello Banking Company protect my personal information?

To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.

How does Monticello Banking Company collect my personal information?

We collect your personal information, for example, when you:
  • open an account or deposit money
  • pay your bills or apply for a loan
  • use your credit or debit card
We also collect your personal information from others such as credit bureaus, affiliates or other companies.

Why can't I  limit sharing?

Federal law gives you the right to limit only:
  • sharing for affiliates’ everyday business purposes-information about your creditworthiness
  • affiliates from using your information to market to you
  • sharing for nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing

Definitions

Affiliates: Companies related by common ownership or control. They can be financial and nonfinancial companies. Our affiliates include:
  • Monticello Bankshares, Inc.
  • MBC Consulting, Inc.
  • Title Center of Greater KY, LLC
Non-affiliates: Companies not related by common ownership or control. They can be financial and nonfinancial companies. Non-affiliates we may share with can include mortgage companies, insurance companies, investment companies, direct marketing companies, and nonprofit organizations.

Joint Marketing: A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

If you have any questions, please call us at 800.909.3420 or contact your local office