Digital Privacy Policy

FirstElectronic.bank Digital Privacy Policy

This First Electronic Bank Business Privacy Policy (Policy) applies to this First Electronic Bank website. This Policy is provided for business customers only. Consumer customers of First Electronic Bank can access the appropriate Consumer Privacy Policy of First Electronic Bank by clicking on the applicable links here.

We also maintain separate privacy policies for business customers in certain First Electronic Bank Programs. Please see the links here.

Privacy is an important issue to First Electronic Bank. Please read and retain this Business Privacy Policy.

First Electronic Bank is committed to protecting the privacy of your business. We are providing this Business Privacy Policy to explain our information practices specific to our business clients. This Policy applies only to businesses and to individuals who inquire about or obtain products or services from First Electronic Bank for business purposes. It does not apply to individuals who inquire about products or services from First Electronic Bank for personal, family and household purposes; for these, see the applicable First Electronic Bank Privacy Policy for Consumers at the applicable link provided below. The Business Privacy Policy explains how we collect, use, and safeguard information obtained in conjunction with business accounts. We also maintain separate privacy policies for business customers in certain First Electronic Bank Programs. Please see the links below.

SECURITY MEASURES

First Electronic Bank has strict standards and processes designed to prevent unauthorized access to information. We apply these standards and processes to our facilities and online services. We maintain physical, electronic, and procedural safeguards that have been developed to comply with governmental guidelines and to protect information from unauthorized access. All of our operational and data processing systems are in a secure environment that protects your account information from being accessed by third parties.

COLLECTING INFORMATION

First Electronic Bank collects information to:

  • Accurately identify your business;
  • Process business transactions;
  • Comply with laws and regulations;
  • Understand your business and financial needs; and
  • Design and improve our products and services.

First Electronic Bank collects information from:

  • Information you give us (e.g., name, address, email address);
  • Outside sources such as brokers and dealers who help us develop products and services (e.g., transaction information);
  • Credit reporting agencies and market research companies (e.g., credit history and demographic information);
  • Public sources, such as federal, state or local records (e.g., mortgage and lien information); and
  • Media (e.g., periodicals and newspapers).

First Electronic Bank may collect information automatically when you interact with our website. Like many websites, we use “cookies” to obtain information when your web browser accesses our website. The purpose of “cookies” is to help us recognize you as you use or return to our website so that we can provide a more personalized experience for you.   Our web server automatically collects clickstream information such as the address (or URL) of the website that you came from before visiting our site, which pages you visit on our site, which browser you used to view our site and any search terms you may have entered on our site, among other things.

Our website may also use other technologies to track which pages our visitors view. This anonymous clickstream data provides our customers with a better, more secure experience and helps First Electronic Bank understand how visitors use our website.  This allows us to help improve and customize our website and to protect the security and integrity of our website and business.

SHARING OF INFORMATION

First Electronic Bank shares the information we collect with service providers and with other companies. These companies may use the information to perform marketing services on behalf of First Electronic Bank, and may use the information for their own marketing or other purposes. At First Electronic Bank, employee access to personally identifiable customer information is limited to those with a business reason to know such information. Employees are educated on the importance of maintaining the confidentiality of customer information and on these Privacy Principles. All First Electronic Bank employees are responsible for maintaining the confidentiality of customer information.

First Electronic Bank may share information in other special circumstances. We may disclose information where we have a good faith belief that disclosure is appropriate to comply with the law or where we believe disclosure is necessary to protect you, to comply with legal processes or authorities, to respond to any claims, or to protect the rights, property or personal safety of First Electronic Bank, its customers, its associates or the public.

Email

If you send us email, we may retain it. Please remember that any unencrypted email sent over the Internet can be intercepted; therefore, you should limit the personal information you email over the Internet.

Linking to Other Websites

We may provide links to non-First Electronic Bank websites. If you are notified that you are leaving the First Electronic Bank website we are not responsible for the privacy or security of the sites you are going to. This includes the accuracy, completeness, reliability or suitability of their information.  We encourage you to read the privacy policies of these third party sites to learn how they collect, use, share and secure your information.

Children’s Privacy

The Website is intended for an adult audience and is not meant for children. First Electronic Bank does not knowingly collect information from children under 13. First Electronic Bank’s policy is to not collect personal information of any person under 13. If First Electronic Bank obtains personally identifiable information in error of children under the age of 13, First Electronic Bank will delete that information from our systems.

Additional rights

You may have other privacy protections under state laws. Our information practices comply with these laws.

Changes to the Online Privacy Notice

This Online Privacy Notice is subject to change. Please review it periodically. If we make changes to the Online Privacy Notice, we will revise the “Last Updated” date at the bottom of this Notice. Any changes to this Notice will become effective when we post the revised Notice on the Site. Your use of the Site following these changes means that you accept the revised Notice.