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Farmers and Merchants Bank Milligan, NE |
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Farmers and Merchants Bank P.O. Box 10 Milligan, NE 68406 1-402-629-4251 1-888-629-4251 (Toll Free) 1-402-629-4239 (Fax) HOURS: Monday - Friday 9:00 - 5:00 (Teller Window Closes at 4:00) Saturday 9:00 - 11:00 (Teller Window Only with Loans By Appointment) |
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.
The term “noninterest-bearing transaction account” includes a traditional checking account or demand 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 www.fdic.gov.
Mission Statement
Farmers and Merchants Bank will provide superior financial services in
the communities it serves and promote growth and economic stability
within those communities.
In fulfillment of this mission, it is our goal to personally know our
customers and their needs, building long-term trusted relationships
while providing competitive financial products.
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Rev. 12/2010
| FACTS | What Does Farmers and Merchants Bank (Milligan, Nebraska) Do With Your Personal Information? |
| Why? | 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 carefully to understand what we do. |
| What? | The
types of personal information we collect and share depend on the
product or service you have with us. This information can
include:
When you are no longer our customer, we continue to share your information as described in this notice. |
| How? | All financial companies need to share customers' 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 Farmers and Merchants Bank chooses to share; and whether you can limit this sharing. |
| Reasons we can share your personal information |
Does Farmers and Merchants Bank share? |
Can you limit this sharing? |
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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 |
NO |
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For our marketing purposes – to offer our products and services to you |
YES |
NO |
| For joint marketing with other financial companies |
NO |
WE DON’T SHARE |
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For our affiliates’ everyday business purposes – information about your transactions and experiences |
NO |
WE DON’T SHARE |
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For our affiliates’ everyday business purposes – information about your creditworthiness |
NO |
WE DON’T SHARE |
| For nonaffiliates to market to you |
NO |
WE DON’T SHARE |
| Questions? | Call 402-629-4251 |
| Page 2 |
| Who we are | |
| Who is providing this notice? | Farmers and Merchants Bank (Milligan, Nebraska) |
| What we do | |
| How does Farmers and Merchants Bank 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 Farmers and Merchants Bank collect my personal information? | We
collect your personal information for example, when you
We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. |
| Why can’t I limit all sharing? |
Federal law gives you the right to limit only
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.
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| Nonaffiliates |
Companies not related by common ownership or control. They can
be financial and nonfinancial companies.
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| Joint marketing |
A formal agreement between
nonaffiliated financial companies that together market financial
products or services to you.
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| Other important information |
Please send comments and suggestions to dfilipi@fmbmilligan.com