Catlin Bank Privacy Policy
Since 1904 the Catlin Bank has
been very sensitive about its customer information. It is for the customer's use only. This is a cornerstone of the bank. Customer trust is the major component of all of our accounts and
services.
Only bank employees can access
customer information for the purpose of assisting the customer.
The bank does not aggregate data nor profile any customer
information. It uses other marketing
methods to assist in account and service development.
The bank
does not sell nor provide information to any third party.
The Internet provides another
doorway through which the customer comes to the bank. The Catlin Bank wants the customer to have the confidence to use
the entry.
You
may ask yourself why banks using the internet have created "Privacy Policies"
and posted them on their website. That
policy has been posted because the bank is capable of collecting information
about an Internet user's visit to the website. The collected information can be personal, habit defining, account
choices, and areas of interest just to mention a few. This information becomes valuable to the bank because it suggests
why an internet user visits the website.
That same
information becomes even more valuable when analyzed to "profile" the internet
user. It can be aggregated with other
bank data not available on the Internet.
By combining the pieces of information the bank can create profiles of
customers that help the bank provide better products and services to its customers.
Privacy
becomes an issue with most banks and internet users when the bank decides to
transfer the information to a third party.That could be a bank subsidiary or another business, which purchases
profiled data from the bank. With this
information the bank customer becomes a marketing target for another
company.Depending how the sets of
information are mixed to create the profile, the Internet user's sensitive
information can be compromised.
The Catlin Bank does not aggregate data nor profile
customers.
The Catlin Bank does not sell
customer information to third parties.
The Catlin Bank knows its customer
is the bank's most valuable asset and will do
nothing to impair that relationship.
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