Privacy Notice - Farmers & Merchants State Bank - Plankinton and White Lake, South Dakota - Revised 04-30-07

NOTICE OF YOUR FINANCIAL PRIVACY RIGHTS

"We", "our", and "us", when used in this notice, mean the Farmers & Merchants State Bank.  This is our Privacy Notice for our customers.  When we use the words "you" and "your", we mean all of our consumer customers who have a continuing relationship with us.

We will tell you the source for nonpublic personal information we collect on our customers.  We will tell you what measures we take to secure that information.

We define some terms:

"Nonpublic personal information" means information about you that we collect in connection with providing a financial product or service for you.  Nonpublic personal information does not include information that is available from public sources, such as telephone directories or government records.

An "affiliate" is a company we own, control, a company that owns or controls us, or a company that is owned or controlled by the same company that owns or controls us.  Ownership does not mean complete ownership, but means owning enough to have control.

A "nonaffiliated third party" is a company that is not an affiliate of ours.

THE INFORMATION THAT WE COLLECT

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

  Information we receive from you on applications or other forms
  Information about your transactions with us
  Information about your transactions with nonaffiliated third parties
  Information from a customer reporting agency.

INFORMATION THAT WE DISCLOSE ABOUT YOU

We do NOT disclose any nonpublic personal information about you to anyone, except as permitted by law or if you authorize the disclosure.

CONFIDENTIALITY, SECURITY, AND INTEGRITY OF YOUR NONPUBLIC PERSONAL INFORMATION

We restrict access to nonpublic personal information about you to those employees who need to know that information to provide products or services to you.  We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard your nonpublic personal information.

NONPUBLIC PERSONAL INFORMATION AND FORMER CUSTOMERS

We do not disclose nonpublic personal information about former customers, except as permitted by law.

CONTACT INFORMATION

If you have any questions, comments, or concerns, our privacy manager is Jan Kristensen.