Notice of Your Financial Privacy Rights
We, our, and us, when used in this notice, means Cornerstone Bank.
This is our privacy notice for our customers. When we use the words "you" and "your" we mean the following types of customers:
- Our customers who have a continuing relationship by purchasing or holding financial products or services such as a(n):
- Deposit account
- Loan account
- Safe deposit box
- All IRA accounts for which we act as custodian
We first define some terms:
Nonpublic personal information means information about you that we collect in connection with providing a financial product or service to you. Nonpublic personal information does not include information that is available from public sources, such as telephone directories or government records. Hereafter, we will use the term "information" to mean nonpublic personal information as defined in this section.
An affiliate is a company we own or control, a company that owns or controls us, or a company that is owned or controlled by the same company that owns or controls us. Ownership does not mean complete ownership, but means owning enough to have control.
A nonaffiliated third party is a person we do not employ or a company that is not an affiliate of ours. This is also known as nonaffiliated third party, or as, an "other party."
We hold paramount our responsibility to maintain uncompromising confidentiality when it comes to our customers' personal and financial information. One of our most important assets is our customers' trust.
INFORMATION WE COLLECT
- Information we receive from you on applications or other forms, such as your name, address, social security number or other financial information you may provide such as assets or income.
- Information about your transactions with us, our affiliates, or other parties, such as payment history or your account balance(s).
- Information we receive from consumer reporting agencies, such as your credit history.
INFORMATION WE DISCLOSE ABOUT YOU
We do NOT disclose any nonpublic information about our customers or former customers to anyone, except as permitted by law.
DISCLOSURE AS PERMITTED BY LAW
We may disclose all of the information we collect, as described above, to service providers and other companies that may provide services on behalf of Cornerstone Bank, such as check printing companies or our ATM card vendor.
CONFIDENTIALITY, SECURITY, AND INTEGRITY OF YOUR INFORMATION
We restrict access to nonpublic personal information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard your nonpublic personal information.
Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006
The UIGEA, signed into law in 2006, prohibits any person engaged in the business of betting or wagering (as defined in the Act) from knowingly accepting payments in connection with the participation of another person in unlawful internet gambling. The Department of the Treasury and the Federal Reserve Board have issued a joint final rule, Regulation GG, to implement this Act. As defined in Regulation GG, unlawful Internet gambling means 'to place, receive or otherwise knowingly transmit a bet or wager by any means which involved the use, or at least in part, of the internet where such bet or wager is unlawful under the applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received or otherwise made.'
As a customer of Cornerstone Bank, these restricted transactions are prohibited from being processed through your account or banking relationship with us. If you do engage in an Internet gambling business and open a new account with us, we will ask that you provide evidence of your legal capacity to do so.
Please see one of our Cornerstone Bank Associates if you would like additional information on the UIGEA or Regulation GG.
Links to Third-Party Sites
Cornerstone Bank may provide hyperlinks to third party Web sites as a convenience to users of the Web Site. Cornerstone Bank does not control third party Web sites and is not responsible for the contents of any linked-to third party Web sites or any hyperlink in a linked-to Web site. No hyperlink found on this Web site to any third party Web site constitutes or implies an endorsement, recommendation or approval by Cornerstone Bank of the Web site linked or the products or services described there. Such third party sites may have a privacy policy or terms of use policy different from that of Cornerstone Bank and the third party site may provide less security than the Cornerstone Bank web site. Once you leave our web site, you should review the security and privacy policies of the nonaffiliated third party. To maintain the security of your account information, we ask that you take the following precautions: (1) Do not share your user ID and/or password with anyone; (2) Change your password frequently; and (3) Remember to signoff after your session.
E-Mail Communications
You should know that email is not transmitted through secure servers. When you send an email to us, we request that you not include personal or confidential information, unless you have encrypted the information. Messages that you send to Cornerstone Bank by email may not be secure. If we respond to you by email, nonpublic personal information such as account numbers or taxpayer identification numbers will not be included since we cannot ensure our response to you is secure.
Miscellaneous Fees and Charges (Effective Nov 1, 2009)
| |
Imaged Checks |
FREE |
| |
Uncollected Funds (per item) |
$32.00 |
| |
Insufficient Funds (per item) |
$32.00 |
| |
Overdraft (per item) |
$32.00 |
| |
Overdraft Protection Service (per item) |
$5.00 |
| |
Return Deposited Item |
$12.00 |
| |
Stop Payment Orders (per item) |
$22.00 |
| |
Dormant Accounts (per month) |
$1.50 |
| |
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Wire Transfers |
|
| |
Incoming |
$7.00 |
| |
Outgoing |
$15.00 |
| |
International |
$40.00 |
| |
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Collection Items |
|
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Domestic - Incoming |
$25.00 |
| |
Domestic - Outgoing |
$25.00 |
| |
Foreign Currency |
$10.00 |
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|
|
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Night Depository |
|
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Replacement Key |
$10.00 |
| |
Replacement Bag |
$25.00 |
| |
|
|
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Cashier’s Checks - Customer |
$7.00 |
| |
|
|
| |
Levy Attachment |
$100.00 |
| |
Travelers Cheques |
1% |
| |
Cheques for Two |
1.50% |
| |
Statement Reconciliation (per hour) |
$20.00 |
| |
Research (per hour) |
$20.00 |
| |
Special Statements |
$3.00 |
| |
Statement History |
$1.00 |
| |
Replacement ATM/VISA Debit Card |
$10.00 |
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Copies/Fax Fees |
|
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Copies (per page) |
$0.25 |
| |
Fax - Incoming (per page) |
$1.00 |
| |
Fax - Outgoing (per page) |
$5.00 |
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Equal Opportunity Lender 