Protecting
your privacy is important to First State Bank Iowa and our
employees. We want you to understand what information we collect
and how we use it. In order to provide our customers with
a broad range of financial products and services as effectively
and conveniently as possible, we use technology to manage
and maintain customer information. The following policy serves
as a standard for all First State Bank Iowa employees for
collection, use, retention, and security of nonpublic personal
information.
What
Information We Collect
We may collect “nonpublic personal information”
about you from the following sources:
Information we receive from you on applications or other loan
and account forms;
Information about your transactions with us or others; and
Information we receive from third parties such as credit bureaus.
“Nonpublic personal information” is nonpublic
information about you that we obtain in connection with providing
a financial product or service to you. For example, nonpublic
personal information includes information regarding your account
balance, payment history, and overdraft history.
What Information We Disclose
We are permitted under law to disclose nonpublic personal
information about you to other third parties in certain circumstances.
For example, we may disclose nonpublic personal information
about you to third parties to assist us in servicing your
loan or account with us, to government entities in response
to subpoenas, and to credit bureaus. We do not disclose any
nonpublic personal information about you to anyone, except
as permitted by law.
We may disclose all of the information we collect, as described
above to companies that perform marketing services on our
behalf or to other financial institutions with whom we have
joint marketing agreements.
If you decide to close your account(s) or become an inactive
customer, we will continue to adhere to the privacy policies
and practices described in this notice.
Our
Security Procedures
We also take steps to safeguard customer information. We restrict
access to your personal and account information to those employees
who need to know that information to provide products or services
to you. Employees who violate these standards will be subject
to disciplinary measures. We maintain physical, electronic,
and procedural safeguards that comply with federal standards
to guard your nonpublic personal information.
|
