State Savings Bank Privacy Policy
January 1, 2008
We, our, and us, when used in this notice mean State Savings Bank. This policy applies to all accounts whether they are current, inactive, or previously closed.
How Your Information Is Protected
We restrict access to nonpublic information about you to the employees who need to know that information to provide products or services to you.
The Information We Collect
We collect information about you from the following sources:
- Information you give us on applications or other forms.
- Information about your transactions with us.
- Your computer’s browser when you visit our website.
- Information from consumer reporting agencies.
Sharing Information
- We will not disclose information about you, or former customers, to anyone except as disclosed in this policy or as permitted by law.
- We may disclose all of the information we collect, as described above, to other financial institutions with whom we have joint marketing agreements.
Sharing Information With Our Affiliates
We may share certain information about you with our affiliates in order to provide you with complete financial solutions. By law, we are permitted to share identification information with our affiliates as well as information related to transactions and experiences we have with our customers. This limited sharing of information increases your access to our products and services and simplifies transaction flows. Our affiliates include: Northwestern Bancorp, Inc., Central-State Bancorp., Central State Bank, and Great Northern Benefits, Inc.
Opting Out
If you prefer that we not share information about you with our affiliates, you may restrict us from sharing information by opting out. Even if you opt out, we may still continue to share information with our affiliates that identifies you and information on our transactions and experiences with you. If you choose to opt out, your election will apply to all products and services you obtain with us and our affiliates. (Opting out does not apply to the sharing of information outside State Savings Bank and our affiliates, because we only share information with nonaffiliated third parties that is permitted by law.)
How To Opt Out
To record/update your information sharing preferences with State Savings Bank, or for more information, please call 231.352.9691.
USA PATRIOT ACT NOTICE
Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.
Equal Opportunity Lender.