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 Privacy Policy |
Privacy & Security
NOTICE OF CHANGES IN TEMPORARY
FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a
"noninterest-bearing transaction account" are insured in full by the
Federal Deposit Insurance Corporation from December 31, 2010, through December
31, 2012. This temporary unlimited coverage is in addition to, and separate
from, the coverage of at least $250,000 available to depositors under the
FDIC’s general deposit insurance rules.
The term
"noninterest-bearing transaction account" includes a traditional
checking account or demand deposit account on which the insured depository
institution pays no interest. It does not include other accounts, such as
traditional checking or demand deposit accounts that may earn interest, NOW
accounts and money-market deposit accounts. Commencing January 1, 2011, all NOW
accounts will be insured under the general deposit insurance rules and will no
longer be eligible for unlimited protection.
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FACTS
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WHAT DOES STANTON
STATE BANK DO WITH YOUR PERSONAL INFORMATION?
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Why?
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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.
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What?
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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
·
A
Credit history and credit scores
When you are no longer
our customer, we continue to share your information as described in this
notice.
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How?
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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 Stanton State Bank chooses to share;
and whether you can limit this sharing.
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Reasons we can share your personal information
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Does Stanton State Bank share?
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Can you limit this sharing?
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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
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Yes
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No
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For our marketing purposes –
to offer our products and
services to you
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Yes
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No
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For joint marketing with other
financial companies
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No
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No, we
don't share
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For our affiliates’ everyday
business purposes –
information about your
transactions and experiences
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No
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No, we
don't share
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For our affiliates’ everyday
business purposes –
information about your creditworthiness
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No
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No, we
don't share
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For our affiliates to market
to you
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No
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No, we
don't share
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For nonaffiliates to market
to you
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No
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No, we
don't share
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Who we are
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Who is providing this notice?
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This privacy policy is being
provided by Stanton State Bank.
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What we do
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How does Stanton State Bank
protect my personal information?
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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.
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How does Stanton State Bank
collect my personal information?
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We collect your personal information,
for example, when you
·
Open
an account or deposit money
·
Pay
your bills or apply for a loan
·
Use
your debit card
We also collect your personal
information from others, such as credit bureaus, affiliates, or other
companies.
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Why can’t I limit all sharing?
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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 nonaffiliates to market to you
State laws and individual
companies may give you additional rights to limit sharing.
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Definitions
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Affiliates
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Companies related by common
ownership or control. They can be financial and nonfinancial companies.
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Stanton
State Bank does not share with affiliates,
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Nonaffiliates
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Companies not related by
common ownership or control. They can be financial and nonfinancial
companies.
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Stanton
State Bank does not share with nonaffiliates so they can market to
you.
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Joint marketing
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A formal agreement between
nonaffiliated financial companies that together market financial products or
services to you.
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Stanton
State Bank does not jointly market.
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Questions?
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Call (402) 439-2164
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At Stanton State Bank, we know
how important personal privacy is to you. We periodically review our procedures
and practices to ensure the continued protection of your privacy. As a result, Stanton
State Bank has adopted the following privacy principles, continuing our commitment
to provide the best possible service to you, our customer.
1.
Recognition of Your Expectation of Privacy:
We respect your right to privacy and have taken every precaution
to ensure the privacy and security of your personal and financial affairs. We
understand that you have entrusted us with sensitive information about you, and
accept responsibility for the security and safety of this information to
protect you, our customer. We maintain standards and procedures designed to
safeguard and prevent misuse of this information.
2.
Our Collection, Retention, and Use of Information about You:
We collect, retain, and use information about you to protect
access to your personal accounts and to assist the bank in providing you with
the products and services you need and want. We collect and retain information
about you only for specific business purposes – and we will tell you why we are
collecting and retaining it upon your request. We use information to protect
and administer your records, accounts and funds; to comply with certain laws
and regulations; to help us design or improve our products and services; and to
understand your financial needs and provide you with quality products and
superior service.
3.
Our Maintenance of Accurate Information:
It is in the best interest of both you and the bank to maintain
accurate records concerning your personal information. For this reason, we have
procedures to help assure that your financial information is accurate, current
and complete in accordance with commercial standards. We also have procedures
to respond to your requests to correct inaccurate information in a timely
manner. While some of these procedures are required by federal or state law, Stanton
State Bank has implemented additional procedures to maintain accurate, current
and complete financial information, including processes to update information
and remove old information.
4.
Limiting Employee Access to Information:
We have procedures and security levels that limit employee
access to personally identifiable information to those employees with a
business reason to know such information about you. We educate our employees
about the importance of confidentiality and customer privacy through standard
operating procedures, special training programs, and the Stanton State Bank
"Code of Ethics". We take appropriate disciplinary measures to
enforce employee privacy responsibilities.
5.
Security Procedures to Protect Information:
We maintain security standards and procedures to help prevent
unauthorized access to confidential information about you. In addition, Stanton
State Bank educates all employees about the importance of confidentiality and
customer privacy.
6.
Restrictions on Disclosing Information to Outside Parties:
We do not reveal or sell specific information about your
accounts or other personally identifiable data to parties outside of the Stanton
State Bank for their independent use unless: (1) you request or authorized it;
(2)the information is provided to help complete a transaction initiated by
you;(3) the information is provided to a reputable credit bureau or similar
information reporting agency; or (4) the disclosure otherwise is lawfully
permitted or required.
7.
Maintaining Your Privacy in Business Relationships with Outside
Third Parties:
Sometimes it is necessary to provide personally identifiable
information about you to a third party, such as a vendor or service company
that we hire to provide support or services for one or more of our products.
These vendors and service companies agree to safeguard our confidential information
about you and your products and services with us and must abide by applicable
law.
8.
Web Site Privacy Statement:
For each visitor to our Web page, our Web server recognizes
certain information about you. We also aggregate information on what pages you
may visit within our site as well as any information you may volunteer such as
survey information.
Any information we collect is used to improve the content of our web site to
better serve our customers.
9.
Marketing to Children:
We do not knowingly market credit products to children under the
age of19, nor do we solicit personal information from children. In the event we
receive an application for credit from a child under 19, our processes are
designed to screen out applications so that a child cannot open an account.
10.
Disclosing Our Privacy Commitment to You:
We want you to understand our commitment to personal privacy and
our use of information. For this reason, we have developed these Privacy
Principles. These principles should answer most of the questions you may have
about how we gather, protect and use information at the Stanton State Bank. If
you have additional questions, please feel free to write us at:
Stanton
State Bank
924 Ivy Street
Stanton, NE 68779
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