PRIVACY POLICY STATEMENT

At First Federal Bank, we are committed to protecting the privacy of our customers’ information. We know financial information is personal and must be handled responsibly. Our goals are to serve our customers as effectively and conveniently as possible to ensure that information shared with us remains confidential.

To help you better understand how your personal information is protected here at First Federal Bank, we are providing you with the following statement describing our practices and policies with respect to the privacy of customer information.

In the event you terminate your customer relationship with us, or become an inactive customer, we will continue to adhere to the policies and practices described in this notice.

Information We Collect

As a trusted financial institution, we routinely collect, retain and use nonpublic personal information about individual customers, as allowed by law, to provide products and services to our customers. We may collect nonpublic personal information about you from such sources as:

> Information we receive from you on applications or other forms

> Information about your transactions with us or others, and

> Information we receive from a consumer-reporting agency.

Information We Share
We do not disclose any nonpublic personal information about you to anyone except as permitted by law. We may, for example, disclose nonpublic personal information about you to others for purposes of servicing your account with us, processing transactions that you request or authorize, or running credit or verification checks. We may disclose all of the information we collect, as described in the Information We Collect section above, to companies that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements.

How We Protect Your Information
We understand that the protection of your nonpublic personal information is of the utmost importance. Guarding your privacy is our obligation. First Federal Bank maintains strict procedures and policies to safeguard your privacy. We restrict the access to your personal and account information to those employees who need to know that information to provide products or services to you, and we educate our employees about the importance of confidentiality and customer privacy. We also maintain physical, electronic and procedural safeguards that comply with federal standards to guard your nonpublic personal information.

Important Information About Procedures For Opening A New Account
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.

Here's what this means to 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 will also ask to see your driver's license or other identifying documents.

Updated 12/2008