FirstState Bank Privacy Policy
The type of information we collect-
We routinely
collect and retain the information we obtain from your account applications,
transaction history (for deposits, loans, credit cards, etc.) and
from consumer credit reports. This information helps us:
• to establish and administer your accounts. (Example:
We ask for personally identifying information
to protect your accounts from fraud.)
• to satisfy certain regulator requirements. (Example:
When you open an account that pays interest, we
are required by the Internal Revenue Service to
obtain your social security number.)
• to better understand you so that we may provide you with additional
or improved products and services. (Example:
We require information concerning your credit history and your assets
to determine whether you qualify for a loan approval.)
How is that information protected?
We take your privacy expectations
seriously. We restrict access to nonpublic personal information
about you to those employees who need to know that information to
provide products or services to you. Employees are educated on the
importance of maintaining the confidentiality of customer information.
We maintain physical, electronic
and procedural safeguards which comply with federal standards to
guard your nonpublic personal information. As technology continues
to advance, we will continue to evaluate security standards to protect
your information from access by unauthorized persons.
We
do not share our current or previous
customers’ nonpublic personal information
with affiliates or with nonaffiliated third
parties except as permitted or required by law.
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