Privacy Statement

These practices and procedures have been adopted to help safeguard the privacy of your nonpublic personal information. Nonpublic personal information is information we collect about you in order to provide a financial product or service to you.  It does not include information that can be obtained through public sources such as government records or phone directories.
 
INFORMATION WE COLLECT
We only collect nonpublic personal information about you that we are either allowed or required by law to obtain for conducting business. We collect this information from the following sources:

• Information received from you on applications or other forms;
• Information about your transactions with us, or others, and
• Information received from a consumer reporting agency.

We do not disclose any nonpublic personal information about our customers or former customers to anyone, except as permitted by law.

CONFIDENTIALITY AND SECURITY OF NONPUBLIC PERSONAL 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.

For questions regarding this privacy policy, please contact our main office at (814) 887-5555

 
TRANSACTION ACCOUNT GUARANTEE PROGRAM

Hamlin Bank and Trust Company is participating in the FDIC’s Transaction Account Guarantee Program.  Under that program, through December 31, 2009, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account.  Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.

Since the Bank has not committed to maintain the interest rates of NOW Accounts at or below 0.50%, they do not qualify for coverage under this program.  They are, however, covered under the FDIC’s general deposit insurance rules.

FDIC DEPOSIT INSURANCE

On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2013.

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

By federal law, as of 1/1/2013, funds in a noninterest-bearing transaction account (including an IOLTA/IOLA) will no longer receive unlimited deposit insurance coverage, but will be FDIC-insured to the legal maximum of $250,000 for each ownership category.

For more information visit: http://www.fdic.gov/deposit/deposits/unlimited/expiration.html

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts, and Interest on Lawyers Trust Accounts ("IOLTAs").

For more information about temporary FDIC insurance coverage of transaction accounts, visit ww.fdic.gov.