PRIVACY STATEMENT

At Woodsboro Bank we recognize the sensitive nature of your personal financial information, and take precautions to protect your privacy. When you entrust us with your non-public personal information, you can be certain that we will disclose it only within our strict guidelines. When we use the terms “nonpublic personal information,” we mean personally identifiable financial information that is not publicly available.
 
We've prepared this brochure to explain what types of information we collect, how we use it, and under what circumstances we may share it.
 
We hope you will read through all the details of Woodsboro Bank’s official position on privacy. At the very least, however, we want you to know that Woodsboro Bank uses information we know about you responsibly to:

• Provide you with the services you've requested.
• Offer you other bank products and services.
• Alert you to financial services products made available by our carefully selected marketing partners.

This policy statement takes precedence over any previous privacy policies issued by Woodsboro Bank. We reserve the right to change our privacy policy and this Privacy Statement from time to time without prior notice to you, unless prior notice is required by law. If you have a continuing customer relationship with us, we will provide you with our current Privacy Statement not less than annually as required by law.
 
What kinds of nonpublic personal information we collect.
If you apply for a loan or a new account - We ask you to provide information about your financial status, such as employment, income, monthly expenses, and assets. In most cases you give us this information yourself, in person, by mail, or through our web site. If we need to know about your credit and repayment history, we use third-party sources such as consumer reporting agencies and other creditors.
 
Once you become a customer - We maintain information about your transactions with Woodsboro Bank, including account balances, securities holdings, repayment history, and other information. Because it's important to know what types of services may be most valuable to you, we also obtain demographic and household information about current and prospective customers from specialized marketing information firms.
 
How we use this information.
Most of the information we collect is used for only one purpose: to help us deliver the services you've requested, easily and efficiently. It may also permit us to design and offer specific products and services that we believe will be useful to you.

Who has access to this information?
Within Woodsboro Bank, our employees are permitted access to the information they need to perform their jobs. We maintain strict internal policies against unauthorized disclosure or use of customer information.
 
We do not disclose any nonpublic personal information about you to anyone, including affiliates and other nonaffiliated third parties, except as permitted by law.
 
From time to time, we carefully select marketing partners to provide our customers with specialized financial services such as credit cards or insurance. Although these partners are not owned by or affiliated with Woodsboro Bank, they work closely with us to help us meet all of your financial needs.
 
We may disclose all of the information we collect about you, as described above, to companies that perform services and functions, including marketing services, on our behalf and we may disclose some of this information to other financial institutions with whom we have joint marketing agreements. These outside marketers must agree to keep your information confidential and not to share it with anyone else.
 
A note about former customers' information - We follow the same policies described above for customers and our former customers.
 
No one has access to your non-public personal information except those employees who need to know that information to provide services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information.
 
How we protect your privacy online.
At our Internet web site, www.woodsborobank.com, you're invited to email us about yourself. We will never ask for non-public personal information when you request assistance from us.
 
Security - When you submit an inquiry to us over the Internet, since our response back to you is not secure, we will not include non-public personal information in the response.
 
Cookies: We do not use cookies to record information that will enable anyone to contact you via telephone, e-mail, or regular mail.
What is a cookie? A cookie is a short bit of text that a Web site stores on a user’s machine in order to recognize return visitors.
 
Children’s Information
We respect the privacy of your children, and we comply with the practices established under the Children’s Online Privacy Protection Act. We do not knowingly collect or retain personally indentifiable information from consumers under the age of thirteen.

We respect your privacy.
As technology continues to advance, you can be sure Woodsboro Bank will strive to provide up-to-date safeguards to keep your personal financial information confidential and secure. Your trust is important to us and we're committed to protecting your privacy, whether you do business with us on the Internet, in person, or via telephone or mail. As always, we thank you for choosing Woodsboro Bank.
 
Where to find out more.
If you have questions, concerns, or comments about our privacy practices or the way your information is maintained and used, we'd like to hear from you.
 
Maintaining accurate information.
We strive to maintain accurate information about you. If you ever think that our records contain inaccurate information about you, please let us know. We’ll correct any mistakes promptly.
 
If you think we have reported inaccurate information to a consumer reporting agency, please let us know by writing us at the address below. Please give us your name, address, telephone number, and the information you think is wrong. We will investigate and take corrective action if indeed the information we furnished was inaccurate.
 
Please e-mail us at privacy@woodsborobank.com, or write to:
Woodsboro Bank
Attn: Customer Privacy Coordinator
P.O. Box 36
Woodsboro, MD  21798-0036