PRIVACY POLICY

Privacy Policy

FACTS  WHAT DOES FIRST STATE BANK OF SAUK CENTRE DO WITH YOUR PERSONAL INFORMATION?
Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
What? The types of personal information we collect and share depend on the product or service you have with us. This information can include:

  • Social Security number and income
  • account balances and payment history
  • credit history and credit scores

When you are no longer our customer, we continue to share your information as described in this notice.
How? All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons First State Bank of Sauk Centre chooses to share; and whether you can limit this sharing

 

Reasons we can share your personal information Does First State Bank of Sauk Centre share? Can you limit this sharing?
For our everyday business purposes—
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus		 Yes No
For our marketing purposes—
to offer our products and services to you		 Yes No
For joint marketing with other financial companies No We Don’t Share
For our affiliates’ everyday business purposes—
information about your transactions and experiences		 No We Don’t Share
For our affiliates’ everyday business purposes—
information about your creditworthiness		 No We Don’t Share
For affiliates to market to you No We Don’t Share
For non–affiliates to market to you No We Don’t Share

 

Questions? If you have any questions regarding this notice or the information shared by us, please call us at 320-352-5771.

 

Who we are
Who is providing this notice? FIRST STATE BANK OF SAUK CENTRE
What we do
How does FIRST STATE BANK OF SAUK CENTRE protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
How does FIRST STATE BANK OF SAUK CENTRE collect my personal information? We collect your personal information, for example, when you

  • Open an account or apply for a loan
  • Give us your income information or show us your government-issued ID
  • Pay your bills

We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
Why can’t I limit all sharing? Federal law gives you the right to limit only

  • Sharing for affiliates’ everyday business purposes – information about your creditworthiness
  • Affiliates from using your information to market to you
  • Sharing for non-affiliates to market to you

State laws and individual companies may give you additional rights to limit sharing.
Definitions
Affiliates Companies related by common ownership or control. They can be financial and non-financial companies.

  • First State Bank of Sauk Centre does not share information with affiliates
Nonaffiliates Companies not related by common ownership or control. They can be financial and nonfinancial companies.

  • First State Bank of Sauk Centre does not share information with nonaffiliatesso they can market to you.
Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

  • First State Bank of Sauk Centre doesn’t jointly market.
 

REV. 9/2022