Denmark Bancshares, Inc. and Subsidiaries
Denmark State Bank
Denmark Agricultural Credit Corporation

Notice Regarding the Privacy of Your Financial Information

Recent federal legislation requires financial institutions to follow specific guidelines concerning the privacy of your financial records and nonpublic personal information. Keeping customer information private and secure has always been considered a priority by us to maintain the trust you have placed in us. This notice is intended to describe how we collect, maintain and disclose customer information. This notice may be amended from time to time at our discretion. If you have any questions, comments or complaints about the privacy of information about you, please contact us at 920-863-2161.

Collecting Information About You

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

• Information we or our affiliates receive from you on applications or other forms
• Information about your transactions with us, our affiliates, or others; and
• Information we receive from a consumer reporting agency.

Disclosure of Information About You

We may disclose the following kinds of nonpublic personal information about you to our affiliates:

• Information we receive from you on applications or other forms, such as your name, address, and social security number;
• Information about your transactions with us, our affiliates, or others, such as your payment history and credit card usage; and
• Information we receive from a consumer reporting agency, such as your credit worthiness and credit history.

We may disclose nonpublic personal information about you to the following affiliates:

• Denmark Bancshares, Inc.
• Denmark State Bank
• Denmark Agricultural Credit Corp.

We may disclose all of the information we collect, as described above, to companies that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements.

We may also disclose nonpublic personal information about you to nonaffiliated third parties as permitted by law.

If you decide to close your account(s) or become an inactive customer, we will adhere to the privacy policy and practices as described in this notice.

Your Right to Opt Out of Having Information Shared With Our Affiliates

We may share information bearing on your credit worthiness, credit standing, credit capacity, character, general reputation, personal characteristics or mode of living with our affiliates unless you direct us by contacting us at 1-800-960-5486 or by writing to Denmark Bancshares, Inc., PO Box 130, Denmark, WI 54208, that such information, if unrelated to your transactions or experiences with us or our affiliates, may not be shared by us with our affiliates.

Confidentiality and Security

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.