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PRIVACY
POLICY
Respecting
and protecting your privacy is important to us at Siouxland National Bank.
We value your customer relationship, and we want you to understand
what information we collect and how we use it.
The following privacy policy was established to maintain the
security, integrity, and confidentiality of your financial information.
We collect, use, and retain information about our customers only where we
reasonably believe it would be useful in administering our business,
providing products and services, and other opportunities to our customers.
We collect and retain information only for specific business
purposes. We use the
information to protect and administer our customer’s records, accounts,
and funds; to comply with certain laws and regulations; to help design or
improve our products and services; and to understand your financial needs
to provide quality products and outstanding service.
We collect and retain nonpublic personal information about you from the
following sources:
Information
we receive from you on applications for loans, deposit accounts, or other
products or services;
Information
about your transactions with us, our affiliates, or others; and
Information
we receive from a consumer reporting agency, such as a credit bureau.
“Nonpublic personal information” is nonpublic information about you
that we obtain in connection with providing a financial product or service
to you. This could include
information such as account balances, payment history, or overdraft
history.
We do not disclose nonpublic personal information about you to
nonaffiliated third parties except as permitted by law.
We do not disclose specific information about your accounts to outside
parties unless:
You
request or authorize it;
The
information is provided to help complete a transaction you have initiated;
The
information is reported to a credit bureau or other reporting agency;
The
disclosure is lawfully permitted or required; or
The
information is disclosed to companies that perform marketing services on
our behalf or to other financial institutions with whom we have joint
marketing agreements.
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. We maintain
physical, electronic, and procedural safeguards to comply with state and
federal standards to guard your nonpublic personal information.
We have implemented procedures to help assure that our customers’
financial information is accurate, current, and complete in accordance to
commercial standards. You
should notify us immediately if you receive information regarding your
relationship with us that you believe is inaccurate or incomplete.
We will investigate your concerns and correct any inaccuracies.
If you decide to close your account(s) or become an inactive customer, we
will adhere to the privacy policies and practices as described in this
notice.
If you have any questions regarding this policy, please contact our main
bank at 1001 W. 29th Street in South Sioux City at (402)494-2001.
USA PATRIOT ACT
To help the government fight the funding of terrorism and money
laundering activities, the USA Patriot Act requires all financial
institutions to obtain, verify, and record information that identifies
each person (including business entities) who opens an account.
What this means for you:
When you open an account, we will ask for your name, physical address,
date of birth, taxpayer identification number, and other information that
will allow us to identify you. We
may also ask to see your driver's license or other identifying documents.
We will let you know if additional information is required.
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