1. Privacy Policy
Speer Financial, Inc. is committed to safeguarding the personal information that you provide to us. This notice describes our privacy policy and how we handle and protect personal information we collect about individuals, such as yourself, who apply for or obtain our products and services. At Speer Financial, Inc., your privacy is our priority.

A. Information We Collect
We collect personal information about you for business purposes, such as processing your requests and transactions, informing you about products and services that may be of interest to you, and providing customer service. The personal information we may collect about you includes:

  1. Information you provide to us on the registration application (such as your name, address, bank employer, etc.) and
  2. Information about your bids with us

B. Protecting Your Information
Our employees have limited access to your information. They have access only when it will help you do business with us or help us do business with you. We will attempt to maintain physical, electronic and procedural safeguards to protect the information.

C. Accessing And Revising Your Personal Information
We endeavor to keep our bidder files complete and accurate. All of this information is generated from information you provide while registering as a bidder on SpeerBids.com. We encourage you to review and edit this information if you believe any information should be corrected or updated. If you have a question or concern about your bidder information or this privacy notice, please contact us.

2. Terms of Use
All material provided on the SpeerBids.com site ("Site") may only be used with the express written authorization of Speer Financial, Inc. Except as stated herein, none of the material may be copied, reproduced, distributed, republished, downloaded, displayed, posted or transmitted in any form or by any means, including, but not limited to, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Speer Financial, Inc. You also may not, without Speer Financial, Inc.'s permission, "mirror" any material contained on this Site. This permission terminates automatically if you breach any of these terms or conditions. Upon termination, you will immediately destroy any downloaded and printed materials. Any unauthorized use of any material contained on this Site may violate copyright laws, trademark laws, the laws of privacy and publicity, and communications regulations and statutes.


(Please see definitions at the end of the Rules)

  1. The Bidder submitting a Winning Bid is irrevocably obligated to purchase the Bonds at the rates and prices submitted, if acceptable to the Issuer, as set forth in related Notice. Winning Bids are not officially awarded to winning Bidders until formally accepted by the Issuer.

  2. Speer Financial, Inc. is not responsible for technical difficulties that result in the loss of a Bidder’s internet connection with SpeerBids.com or slowness in transmission of bids, or other technical problems.

  3. If for any reason a Bidder is disconnected from SpeerBids.com during a sale, and after having submitted a Winning Bid, the Bid is valid and binding upon the Bidder, unless the Issuer exercises its right to reject Bids, as set forth in the related Notice.

  4. Bids which generate error messages are not accepted until the error is corrected and the Bid is resubmitted.

  5. Bidders accept and agree to abide by all terms and conditions specified in the Notice (including amendments, if any) related to each sale of Bonds.

  6. Speer Financial, Inc. is not responsible for any defect or inaccuracy in the Notice.

  7. Only Bidders who request and receive permission to bid may submit Bids. Speer Financial, Inc. reserves the right to deny access to the SpeerBids.com website to any Bidder, whether registered or not, at any time and for any reason whatsoever, in its sole and absolute discretion.

  8. Speer Financial, Inc. is not responsible for protecting the confidentiality of a Bidder’s SpeerBids.com password.

  9. Regardless of the final results reported by SpeerBids.com, and regardless of any verbal award, the Bonds are definitively awarded to winning Bidders only upon official award by the Issuer. If, for any reason, the Issuer fails to: (a) award Bonds to the winning Bidder reported by SpeerBids.com or (b) deliver Bonds to the winning Bidder, Speer Financial, Inc. will not be liable for any damages.

  10. Bidders who submit a Bid on the SpeerBids.com website by clicking the “Submit Bid” button must confirm that Bid by clicking the “Yes, Submit Bid” button on the website confirmation page.


“Bid” any confirmed purchase offer for Bonds received through SpeerBids.com on or before the submission deadline.
“Bidder’ any firm registered with SpeerBids.com and approved for Bid submission on such website.
“Bonds” includes bonds, notes, certificates and any other debt instruments offered for sale by the Issuer through SpeerBids.com.
“Issuer” any entity offering Bonds for sale through the SpeerBids.com website.
“Notice” the Issuer’s official solicitation to Bidders which sets forth the terms and conditions for submission of a Bid, including official notices of sale and preliminary terms sheets.
“Purchase Price” the calculation described in the Notice related to each capital appreciation Bond sale which serves as the basis for awarding capital appreciation Bonds to a winning Bidder.
“Net or True Interest Cost” the specific calculation described in the Notice related to each current interest Bond sale which serves as the basis for awarding current interest Bonds to a winning Bidder.
“Winning Bid” any offer to purchase Bonds made by a Bidder by clicking the “Submit Bid” button which after evaluation of all properly submitted Bids results in: (a) the lowest True or Net Interest Cost utilized in the offering for current interest Bonds or (b) the highest Purchase Price for capital appreciation Bonds.