Privacy Policy Statement

This Web site is the official site of Legacy Bank.
Questions and comments regarding site contents may be directed to:

Legacy Bank
PO Box 21688
Oklahoma City, OK 73156-1688

We can be reached via email at info@legacybank.com.

Information This Site Gathers and How It Is Used

This site collects IP addresses and/or domain names any time a page is requested from the server. This information is used to analyze site traffic. The URL of a referring Web page also may be logged for the same purpose.

If you send us email, your return address will be displayed in the header we receive. We will use this information to respond to your inquiry and we may keep your message as a record of our contacts. We will not share that information with outside companies or agencies unless it is necessary for us to do so in order to respond to your email or to carry out a request contained therein, or unless we are required to do so by law or court order.

Legacy Bank reserves the right to introduce new services or practices that may require a change in this policy. We are committed to updating our privacy policy promptly to keep you informed on how we use information you give us.

Click here for Legacy Bank's deposit agreement.

Important Information About Procedures for Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

Funds Availability

Our general policy is to allow you to withdraw funds deposited in your account the first business day after the day we receive your deposit. Funds from electronic direct deposits will be available on the day we receive the deposit. In some cases, we may delay your ability to withdraw funds beyond the next business day. Then, the funds will generally be available by the fifth business day after the day
of deposit.

Community Reinvestment Act Notice

Under the Federal Community Reinvestment Act (“CRA”), the Federal Deposit Insurance Corporation (“FDIC”) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. The FDIC also takes this record into account when deciding on certain applications submitted
by us.

Your involvement is encouraged.

You are entitled to certain information about our operations and our performance under the CRA, including, for example, information about our branches, such as their location and services provided at them; the public section of our most recent CRA performance evaluation, prepared by the FDIC; and comments received from the public relating to our performance in helping to meet community credit needs, as well as our responses to those comments. You may review this
information today.

At least 30 days before the beginning of each quarter, the FDIC publishes a nationwide list of the banks that are scheduled for CRA examination by the FDIC in that quarter. This list is available from the Regional Manager, Division of Compliance and Consumer Affairs, FDIC, 1910 Pacific Ave, Dallas, Texas 75201. You may send written comments about our performance in helping to meet community credit needs to Ms. Carrie Sides, c/o Legacy Bank, P.O. Box 1038, Hinton, Oklahoma 73047 and the FDIC Regional Manager, 1910 Pacific Ave, Dallas, Texas 75201. Your letter, together with any response by us, will be considered by the FDIC in evaluating our CRA performance and may be
made public.

You may ask to look at any comments received by the FDIC Regional Manager. You may also request from the FDIC Regional Manager an announcement of our applications covered by the CRA filed with the FDIC. We are an affiliate of Midstate Bancorp, a bank holding company. You may request from the Assistant Vice President – Applications, Federal Reserve Bank of Kansas City, 925 Grand Boulevard, Kansas City, MO 64198-0001, an announcement of applications covered by the CRA filed by bank holding companies.

Personal Information and Legacy Bank Online

Introduction

Since 1902, Legacy Bank has maintained a tradition of service and reliability. It is our aim to maintain your trust going forward. Central to that purpose is the integrity and safety of your nonpublic personal information.

This is written to give assurance that you can depend on us to protect the security of your information and to continue the responsive service we’ve been giving for over a century.

Information we collect

In the normal routine of business, we collect nonpublic personal information about you.

We may collect this from the following sources...

  • Information we receive from you on applications or other forms
  • Information about your transactions with us or others
  • Information we receive from a consumer reporting agency
  • Information from other communications we have with you
  • Specified information about your internet usage if you visit our website
  • Information from anyone authorized by you to provide such

What is disclosed and to whom

Since we value the trust you have shown in us and because we respect your right to privacy, we take great care in the stewardship of your nonpublic personal information. Therefore, we do not disclose nonpublic personal information about either current or former Customers to nonaffiliated third parties except under limited circumstances: (1) as permitted or required by law or (2) as you may authorize and designate. Consequently, you need not do anything to prevent your information from being shared otherwise. If you decide to close your account(s) or to become an inactive customer, we will adhere to the privacy policy and practices as described in this notice.

Joint Marketing and the sale of business

We may disclose all of the information we collect, as described above, to companies that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements. Some examples of these third parties would include financial service providers, such as mortgage bankers, securities broker-dealers, and insurance agents; non-financial companies performing services on our behalf at our request, such as check printers, ATM card processors, and retailers, direct marketers, airlines, and publishers; and others, such as
non-profit organizations.

Such agreements will be made for the purpose of offering our Customers a special product not normally available. Our contracts with such entities will include a confidentiality agreement which expressly prohibits their use of your information other than to act on our behalf.

Long-term mortgage loans that we make are frequently sold. In this procedure, all information necessary for the sale is provided to the new purchaser or servicer. Such items include the loan application, credit reports and related documentation. All applicants receive this disclosure when making application for a mortgage loan.

If Legacy Bank sells any portion of its business to an unaffiliated third party, all customer information pertinent to that part of the business will be transferred to the purchasing entity.

Confidentiality and security

Because of our concern for your privacy and our desire to maintain your trust, we carefully restrict access to nonpublic personal information about you to those employees who need to know that information to provide products or services to you and avoid unauthorized access to your information. We maintain physical, electronic, and procedural safeguards that comply with federal standards to protect your nonpublic personal information.

Our employees are trained relative to the value of safeguarding the privacy of all customer information. Any employees in violation of our principles will be subject to disciplinary action.

Conclusion

Should you ever have reason to believe that someone has gained unauthorized access to your Legacy Bank account or any information on our records, please advise the Compliance Officer at any of our offices promptly. Upon your notification, we will make every effort to expeditiously resolve any problems.

Definitions

By “nonpublic personal information,” we mean personally identifiable financial information and any list, description, or other grouping of consumers (and publicly available information pertaining to them) that is derived using any personally identifiable financial information that is not publicly available.

When gathering information about you on our site, the information is gathered for our purposes only. We will not sell or make available your information except as detailed in our "Privacy Policy Statement" section above. In today's electronic world, we want you to be assured that our services provided via the worldwide web is state-of-the-art. Any information obtained through our site will be held in the same manner as the information we collect in our daily course of business. Please remember though, that any correspondence between you and the bank via email is not secure, and, therefore, you should use caution and not include personal information in the form of emails.

FDIC logoOur FDIC Number is 04042.
You can find us listed in the FDIC Directory at www.fdic.gov.

Legacy Bank is not responsible for any information provided on external websites.