Central Minnesota Business Development("CMDC") is committed to protecting the privacy of the nonpublic, personally identifiable information ("information") attributable to the individual owners, partners, shareholders, officers and guarantors of businesses (collectively, "commercial customers", "you" or "your") that maintain a business account or loan with CMDC. Keeping your information secure and ensuring your understanding of how we collect, use and maintain such information is important to us at CMDC. We also maintain procedural safeguards designed to protect the security and confidentiality of such information. We may update or supplement this Privacy Statement at any time. Any changes will be effective immediately upon posting, so please check back regularly to ensure you have read and understand our current privacy practices.

Overview
This Privacy Statement provides our commercial customers with basic information relating to: (i) the information we collect from you in connection with the products and services we provide to you and how such information is collected; (ii) how the information is used by CMDC and its affiliates; (iii) whether we disclose your information to third parties; and (iv) the procedures we implement to safeguard the security, integrity and confidentiality of the information we collect.

Our Collection and Use of Nonpublic, Personally Identifiable Information
In order to provide the many services CMDC offers, we will need to obtain and maintain your information. We collect information about you from various sources including, without limitation, (i)information we receive from you on applications or other forms; (ii) information about your transactions with us, our affiliates, or others; and (iii) information we receive from consumer reporting agencies ("credit bureaus").

In order to maintain accurate information about our commercial customers, we ask that you update your personal information when any changes take place. Please notify us if you change your address, telephone number or e-mail address.

We may ask you for additional information so that we may confirm your identity. This additional personal information may be necessary to prevent fraud and to ensure that only you have access to your information. It is also your responsibility to notify us if someone else has unauthorized access to your nonpublic personal information or has stolen your username or password. We may deny access to our products and services to any customer if a customers identity is suspect. You may contact our customer care department at . If you are submitting nonpublic, personally identifiable information on behalf of others in your business for any purpose, you represent that you have their permission, agreement and full authorization to provide this information to us for these purposes. We reserve the right to ask you to provide evidence of that at any time during, or even after, the submission process or to contact those individuals to confirm this at any time.

Collection and Use of Anonymous Data Attributable to Users of our Web Site
Visitors can log on to our website to learn about CMDC, our products and services and find out how to contact us, without providing any non public personal information. We reserve the right to collect anonymous information when users access our website. The type of information that is collected includes, but is not limited to, the date, time of day, which pages are visited and how much time is spent on the Site. We only collect and use information about our users in the aggregate. The general information we collect enables us to serve our customers better by continually improving our site based on up to date usage patterns.

Promotional Materials and Preferences
To advise you of special offers provided by CMDC, its affiliates or non-affiliated third parties, we may send promotional materials concerning products and services that we believe might be of interest.

Credit Bureau Reports
CMDC utilizes credit bureau reports in order to evaluate our commercial customers creditworthiness and to protect our commercial customers from fraudulent conduct. Therefore, we may obtain a credit bureau report about you when you apply for or obtain any financial products and services from us, including the making or servicing of your mortgage loan.

The following notice is provided to you pursuant to the Fair Credit Reporting Act: We may report information about your accounts to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit report. Pursuant to this Act, you have the right to ensure that the content of your credit report is accurate. If you believe that we have sent inaccurate information to the credit bureaus, please contact our customer service department at 1-888-LBB-9295 (1-888-522-9295).

Disclosure of Information
In order to provide you with access to a full range of products and services, we may share your information, including information about our transactions and experiences with you, with any company that controls, is controlled by or is under common control with CMDC (each an "affiliate"). We may disclose the information we collect, in whole or in part, to companies that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements. We may share your information with unaffiliated third parties who perform services for us, and with unaffiliated third parties who perform services related to products and services that you already have or have requested from us.

CMDC will disclose your information to non-affiliated third parties in response to a court order, subpoena, or other lawful request by a government or regulatory agency to protect against misuse or unauthorized use of the Site, and/or as we, in our sole discretion, believe necessary or appropriate to defend our interests and protect our business and assets, to limit our legal liability, to enforce or apply our rights and agreements, comply with our legal and regulatory obligations, or as otherwise permitted or required by law. We may also disclose your information to credit bureaus and similar organizations, and may exchange your information with reference sources and clearinghouse services for purposes of fraud protection and credit reporting and verification. In addition, we may disclose and/or transfer your information in the event of a bankruptcy, or a merger, acquisition, change of control, joint venture or other business combination involving CMDC.

Third Party Links
Our Site may contain references, links and/or advertisements to other web sites and organizations. We are not responsible for the privacy practices of any third parties or their websites which may differ from rules applicable to the collection, use or disclosure of your information contained in this Privacy Statement. We encourage you to review the privacy statement of each and every site that collects information from you in order to be informed of their privacy and security practices.

Security of Your Information
While access to your information is critical to our ability to provide high quality service to you, our most important asset is the trust that our commercial customers place in how we provide that service. Protecting the security, integrity and confidentiality of your information through procedures and technology designed for this purpose is a top priority at CMDC. To that end, we implement and maintain various administrative, managerial, and technical security measures and policies to help safeguard the information you provide to us.

Contacting Us
If you should have any questions about this Privacy Statement, or if you do not understand how we collect, maintain, use or share your information, please contact our customer service department at 1-888-LBB-9295 (1-888-522-9295).

Effective Date: January 1. 2007