Privacy Policy

Opt-Out

We will not share your nonpublic personal information with others as defined below. For your benefit, we have exercised your right to opt-out under 12 CFR Part 40, Privacy of Consumer Financial Information. Our relationship is based on trust. You chose Birmingham Bancorp, and we guard that relationship with great care, beginning with the information you have chosen to share with us. That is why we have opted out for you as a matter of corporate policy. Birmingham Bancorp does not share information about you outside of our Birmingham Bancorp companies unless permitted by Title V of the Gramm-Leach-Bliley Act of 1999 and other applicable laws and regulations.

Birmingham Bancorp, its family of financial services companies ("affiliates") and employees, are dedicated to protecting the privacy of your nonpublic personal information. We maintain information about you in order to provide you with the most effective and convenient access to our financial products and services.

What Information We Collect

"Nonpublic personal information" is information about you that we obtain in connection with providing a financial product or service. Such information includes for example, account balance, income, assets, insurance premiums, payment history and overdraft history.

We may collect nonpublic personal information about you from the following sources:

• Information that you provide to us, such as on applications or other forms Applications or forms you fill
• Information about your transactions with us, our affiliates or others, and/or
• Information from others, such as credit bureaus, real estate appraisers, and employers Third parties such as credit bureaus.

Our Security Procedures

To maintain security of customer information, we restrict access to your personal and account information to persons who need to know that information to provide you products or services. We maintain physical, electronic and procedural safeguards to guard information.

What Information We Disclose

Birmingham Bancorp does not disclose nonpublic personal information about you to any companies that are not members of our corporate family ("third parties"), except as permitted by federal law, specifically Title V of the Gramm-Leach-Bliley Act of 1999. The confidentiality of your nonpublic personal information will continue to be maintained consistent with this privacy notice even after our relationship is over.

Birmingham Bancorp works with a variety of third parties to bring you financial services. We disclose information about you as necessary to fulfill these third party service agreements. For example, we may disclose information about you to third parties that assist us in servicing or closing your loan. We may also disclose information about you to governmental entities, such as HUD.

We may disclose all of the information we collect, as described above, to third parties that perform marketing services on our behalf or to other financial institutions, such as insurance providers, with whom we have joint marketing agreements in order to make a variety of financial services available to you*. These third parties must agree to strict confidentiality provisions to assure the protection of your information. Because we already limit the sharing of your nonpublic personal information as outlined above, no action is necessary on your part to limit such sharing.

Birmingham Bancorp Companies: Birmingham Bancorp Mortgage Corporation, Real Property Management, Home Credit Solutions, BBC Funding Corporation, and Great Rate Financial.