To Whom it May Concern:

I represent a small rural bank. We are a non-disclosing bank, as are many small rural banks. We do not need a three page disclosure. Our customers understand our one page document which simply states that we will not disclose their personal information unless required to by law.

Contrary to political belief, the majority of people that have banking relationships actually do understand what they read. But, most choose not to read notices, 8 pt. or 12 pt. type, orange or yellow in color, or short or long. What do you do with the many "privacy notices" you received?

Actually, if you feel this regulation needs to be readdressed, how about discontinuing the requirement for annual notices. It seems to me that once we have given the initial notice the customer has the assurance that his or her personal information will not be disclosed.

Financial institutions across the county incurred much cost, and expended much time in developing their current notices, they do not need the added burden of starting again.

Thank you for your consideration,
Judith L. Steinkuhler
Vice President Compliance/Security
Concordia Bank