Rev. 07/2013

FACTS

Why?

Financial companies choose how they share your personal information. Federal law gives
consumers the right to limit some but not all sharing. Federal law also requires us to tell you
how we collect, share, and protect your personal information. Please read this notice carefully to
understand what we do.

What?

The types of personal information we collect and share depend on the product or service you have with us. This information can include:

• Social Security number and Checking account information
• Account balances and Employment information
• Payment history and Wire transfer instructions

When you are no longer our customer, we continue to share your information as described in this notice.

How?

All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Merchants Bank of Alabama, a division of SouthPoint Bank, chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

Does Merchants Bank
of Alabama, a division of SouthPoint Bank share?

Can you limit this
sharing?

For our everyday business purposes—

such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus

Yes

No

For our marketing purposes—

to offer our products and services to you

Yes

No

For joint marketing with other financial companies

Yes

No

For our affiliates’ everyday business purposes—

information about your transactions and experiences

No

We don’t share

For our affiliates’ everyday business purposes—

information about your creditworthiness

No

We don’t share

For nonaffiliates to market to you

No

We don’t share

Who we are

Who is providing this notice?

Merchants Bank of Alabama, a division of SouthPoint Bank

What we do

How does Merchants Bank of Alabama, a division of SouthPoint Bank, protect my personal information?

To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.

We also maintain other physical, electronic, and procedural safeguards to protect this information.

How does Merchants Bank of Alabama, a division of SouthPoint Bank, collect my personal information?

• We collect your personal information, for example, when you
• Open an account or give us your income information
• Apply for a loan or Make a wire transfer
  Make deposits or withdrawals from your account
• We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.

Why can’t I limit all sharing?

Federal law gives you the right to limit only

• sharing for affiliates’ everyday business purposes—information about your creditworthiness
• affiliates from using your information to market to you
• sharing for nonaffiliates to market to you

State laws and individual companies may give you additional rights to limit sharing.

Definitions

Affiliates

Companies related by common ownership or control. They can be

financial and nonfinancial companies.

• Merchants Bank of Alabama, a division of SouthPoint Bank, does not share with our affiliates.

Nonaffiliates

Companies not related by common ownership or control. They can be

financial and nonfinancial companies.

• Merchants Bank of Alabama, a division of SouthPoint Bank, does not share with nonaffiliates so they can market to you.

Joint marketing

A formal agreement between nonaffiliated financial companies that

together market financial products or services to you.

• Our joint marketing partners include investment companies

Other important information

Questions?

Call 256-734-8110 or go to www.merchantsbankal.bank