Privacy Policy

Introduction

At Fairport Savings Bank and our affiliate Oakleaf Services Corporation, protecting the privacy and confidentiality of your personal information is important to our employees and to us. We value your business and the trust you put in us. In order to offer you the financial products and services you seek, we collect, maintain, and use information about you on a routine basis. To help you better understand how your personal information is protected here at Fairport Savings Bank and Oakleaf Services Corporation, we are providing you with the following statement describing our practices and policies with respect to the privacy of customer information. In the event you terminate your customer relationship with us, or become an inactive customer, we will continue to adhere to the policies and practices described in this notice.

Giving You the Power to Choose

Under existing law, Fairport Savings Bank and Oakleaf Services Corporation may share information relating to your account application and other information received from third parties (such as credit bureaus) with each other or with any of their affiliates. You may request that such information not be disclosed among our affiliates by printing out the form linked here, completing it, and sending it to the address indicated. It is important to note that transactional and experiential information (such as account transactions, balances and payment history) with a customer can be shared among affiliates and others as permitted by federal law.

Service Providers/Joint Marketing Partners

To provide our customers with products or services that we believe may meet your financial needs, we may exchange limited nonpublic personal information (described under the "Information We Share" section of this statement) about you with nonaffiliated firms that conduct marketing services on our behalf, or with other financial institution partners to offer jointly endorsed financial products or services.

Information We Collect

As a trusted financial institution(s), we collect, retain, and use nonpublic personal information about individual customers, allowed by law, to provide products and services to our customers. We may collect nonpublic personal information from such sources as:

  • Applications or other forms;
  • Information about your transactions with us, our affiliates, or others; and
  • Information we receive from a consumer reporting agency.

Information We Share

We may disclose nonpublic personal information about you with our affiliates (businesses related to us by common ownership or control, such as Oakleaf Services Corporation, a financial service provider) and with nonaffiliated third party financial service providers, such as securities broker-dealers, under limited circumstances. Any nonpublic personal information shared is conducted in strict adherence to applicable law. Such nonpublic personal information includes:

  • Information we receive from you on applications or other forms, such as your name, address, social security number, assets, and income;
  • Information about your transactions with us, our affiliates, 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, such as information relating to your creditworthiness and credit history.

Who Receives Information and Why

We do not disclose any nonpublic personal information about our customers, or former customers, to anyone, except as permitted by law. We may exchange such information with our affiliates and certain nonaffiliated third parties (under limited circumstances) to the extent permissible under law to service your account, offer you products or services we believe you may find valuable, report to credit bureaus, manage risk, and other financial services related activities.

How We Protect Your Information

We understand that the protection of your nonpublic personal information is of the utmost importance. Guarding your privacy is our obligation. Fairport Savings Bank and its affiliate Oakleaf Services Corporation maintain strict procedures and policies to safeguard your privacy. We restrict employee access to customer information only to those who have a business reason to know such information, and we educate our employees about the importance of confidentiality and customer privacy.

Privacy Choices Form

Under existing law, Fairport Savings Bank and Oakleaf Services Corporation may share information relating to your account application and other information received from third parties (such as credit bureaus) with each other or with any of their affiliates. You may request that such information not be disclosed among our affiliates by printing out the form linked here, completing it, and sending it to the address indicated.