Privacy & Security Statement

Introduction to Jefferson Security Bank's Privacy Policy

At Jefferson Security Bank, the basis of each customer relationship, many of which span generations, is trust. You have chosen to do business with Jefferson Security Bank, and we are obligated to honor that relationship with great care, beginning with the information you have chosen to share with us. We believe that your privacy should not be compromised. At the same time, we want to offer you the array of financial products and services you need to accomplish your financial goals. For this reason, we would like to explain some of our procedures for the collection of information about you, with whom we share, and how we protect it responsibly. This policy is provided on behalf of Jefferson Security Bank and its subsidiary JSB Financial, LLC. Please note that, to protect your privacy, we cannot accept communications from someone claiming to represent you, unless the party acting for you is your attorney, guardian, trustee, or is otherwise authorized by law to represent you.

Recognition of Your Privacy Expectations

At Jefferson Security Bank, we believe the confidentiality and protection of customer information is one of our fundamental responsibilities. While information is critical to providing quality service, we recognize that one of our most important assets is our customers' trust. Thus, the safekeeping of customer information is a high priority for Jefferson Security Bank. We will take every precaution to provide you with the same level of privacy within our virtual branch that you would receive through our more traditional bank delivery channels such as brick and mortar branches.

Collection, Use, and Retention of Customer Information

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

• Information about your transactions with us, or our affiliate, such as your account balance, payment history or information about our communications with you; and
• Information we receive from you on applications or other forms, such as your income, assets, employment and other debt; and . Information we receive from a consumer reporting agency, such as your creditworthiness or credit history; and
• Information from outside sources regarding their employment, credit or other relationship with you or verifying representations made by you, such as your employment history, loan or credit card balances or your property insurance coverage.

We use and retain information to protect and administer your records, accounts, and funds; to comply with certain laws and regulations; to help us design or improve our products and services; and to understand your financial needs so that we can provide you with quality products and superior service.

Sharing Information Within Jefferson Security Bank & JSB Financial, LLC

Jefferson Security Bank owns one subsidiary named JSB Financial, LLC, which includes our bank and brokerage service providers. Unless you tell us not to, Jefferson Security Bank and JSB Financial, LLC may share between them information about your experiences and transactions such as account balances, payment history and certain identifying information including name, address, telephone number and social security number.

How To Tell Us Not To Share This Information With Our Corporate Family
If you prefer that Jefferson Security Bank and JSB Financial, LLC not share this information with each other, you may direct us not to share this information by e-mailing us at optout@jeffersonsecuritvbank.com or contacting us through regular mail at Jefferson Security Bank, Attn: Compliance Officer, P.O. Box 35, Shepherdstown, WV 25443.

Maintenance of Accurate Information

We continually strive to maintain complete and accurate information about you and your accounts. Should you ever believe that our records contain inaccurate or incomplete information about you, please notify us. We pledge to respond to your concerns and correct any inaccuracies in a timely manner. We also allow you to update your personal information online, at any time, through the submission of encrypted e-mail requests sent to the bank's secure administration site at www.jeffersonsecuritvbank.com.

Limitations on Employee Access to Information

We restrict access to nonpublic personal information about you to those employees who need to know tRat information to provide products and services to you. Our employees are required to follow a "Code of Ethics" which states that all confidential information with respect to customers and suppliers is considered to be privileged and is to be held in the strictest confidence. It is to be used solely for the purpose of providing you with the finest service available.

Protection of Customer Information

Jefferson Security Bank is committed to the security of your financial and personal information evidenced by our development of a Customer Information Security Program. This includes standards for maintaining administrative, technical and procedural safeguards that comply with federal regulations to guard your nonpublic personal information.

Restrictions on Disclosing Account Information

It is the bank's policy not to reveal specific information about customer accounts or other personally identifiable data to unaffiliated third parties for their independent use, except for the exchange of information with reputable information reporting agencies to maximize the accuracy and security of such information or in the performance of bona fide corporate due diligence or business matters, unless:

1. the information is provided to help complete a customer initiated transaction;
2. the customer requests or permits it;
3. the disclosure is required by or allowed by law and proper documentation is maintained in the customer's file (e.g., subpoena, investigation of fraudulent activity, request by regulator, etc.);
4. the customer has been informed about the possibility of disclosure for marketing or similar purposes through a prior communication and given the opportunity to decline ("opt out").

Information to Non Affiliated Third Parties

We do not disclose any nonpublic personal information about our customers or former customers to non-affiliated third parties, except as permitted by law.

Customer Privacy & Third Party Relationships

When the Bank conducts business with third parties, it requires those vendors and suppliers to maintain similar standards of conduct regarding the privacy of personally identifiable customer information provided to them.

Disclosure of Privacy Policy

Jefferson Security Bank recognizes and respects the privacy expectations of our customers. We want our customers to understand our commitment to privacy in our use of customer information. As a result of our commitment, we have developed these Privacy Principles, which are made readily available to our customers. Customers who have questions about these Privacy Principles or have a question about the privacy of their information should contact our Compliance Officer at (304) 876-9000 or feel free to e-mail us at optout@jeffersonsecuritvbank.com.

Thank You

At Jefferson Security Bank, our customers are our highest priority. Your business is very important to us and we do our best to ensure your happiness. If you have any questions regarding this policy or have any questions about privacy in general, please do not hesitate to call one of our local offices and ask for a senior manager or feel free to e-mail us at jsb@jeffersonsecuritybank.com.