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.

 

FACTS

 

 

WHAT DOES STANTON STATE BANK DO WITH YOUR PERSONAL INFORMATION?

 

Why?

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.

 

What?

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.

 

How?

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.

 

Reasons we can share your personal information

Does Stanton State Bank share?

Can you limit this sharing?

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

Yes

No

For our marketing purposes –

to offer our products and services to you

Yes

No

For joint marketing with other financial companies

No

No, we don't share

For our affiliates’ everyday business purposes –

information about your transactions and experiences

No

No, we don't share

For our affiliates’ everyday business purposes –

information about your creditworthiness

No

No, we don't share

For our affiliates to market to you

No

No, we don't share

For nonaffiliates to market to you

No

No, we don't share

 

Who we are

Who is providing this notice?

This privacy policy is being provided by Stanton State Bank.

 

What we do

How does Stanton State Bank protect my personal information?

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.

How does Stanton State Bank collect my personal information?

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.

Why can’t I limit all sharing?

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.

 

Definitions

Affiliates

Companies related by common ownership or control. They can be financial and nonfinancial companies.

                     Stanton State Bank does not share with affiliates,

Nonaffiliates

Companies not related by common ownership or control. They can be financial and nonfinancial companies.

                     Stanton State Bank does not share with nonaffiliates so they can market to you.

Joint marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

                     Stanton State Bank does not jointly market.

 

Questions?

Call (402) 439-2164

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



   
Privacy Statement
924 Ivy Street Stanton, NE 68779 (402) 439-2164
Copyright © 2004 Stanton State Bank