First Covenant is committed to maintaining client confidentiality. We collect information from you in order to accurately identify you, to understand your needs and goals, to protect and administer your accounts with us, and to comply with certain laws and regulations. A fiduciary relationship is confidential in nature. We have established physical, electronic and procedural safeguards to protect client information from access to information by third parties. Employees are subject to disciplinary measures for violation of this policy. Disclosure of trust records shall be made only under the following very limited conditions: 1) A request for information is received from a party whose beneficial interest entitles such party to such information under applicable state law; 2) The request for information is made by court order or subpoena by a court of competent jurisdiction; 3) The request for information is made by federal or state banking authorities having an official interest in examination and supervision of the Company; 4) With the client’s permission; or 5) It is determined by the Trust Committee that disclosure is in the best interest of the trust account. We do not sell or share your information for marketing purposes. This policy applies to current as well as former clients.
Patriot Act Client Verification
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. We may also screen your name against various databases to verify your identity.