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Privacy Statement
The Directors, management and staff of Security State Bank are concerned about and respect the privacy our customer's personal financial information. We understand that our customers furnish sensitive information to us in the course of our daily business and we are committed to treating such information responsibly. We know that our customers expect privacy and security for their personal and financial affairs.
Security State Bank will take necessary steps to safeguard sensitive information that has been entrusted to us by our customers. The following privacy policy and disclosure outlines our bank's practice regarding personally identifiable financial information for consumers, consumers who become our customers, and former customers.
NOTICE OF YOUR FINANCIAL PRIVACY RIGHTS
This is our privacy notice for our customers. When we Use the words you and your we mean the following types
of customers:
All of our consumer customers who have a continuing relationship with us such as:
- Deposit account
- Loan account
- Credit Card
- Safe deposit box
- Retail installment contract we hold and service
- Self-directed individual Retirement Account where we act as custodian or trustee
- Financial, investment services
- Home mortgage brokerage
We will tell you the sources for nonpublic personal information we collect on our customers. We will tell you what measures
we take to secure that information.
We first define some terms. We, our, and us mean Security State Bank.
Nonpublic personal information means information about you that we collect in connection with providing a financial
product or service to you. Nonpublic personal information does not include information that is available from public sources,
such as telephone directories or government records.
An affiliate is a company we own or control, a company that owns or controls us, or a company that is owned or controlled
by the same company that owns or controls us. Ownership does not mean complete ownership, but means owning enough to have control.
A nonaffiliated third party is a company that is not an affiliate of ours.
TYPES OF INFORMATION WE COLLECT
We collect nonpublic personal information about you from the following sources:
- Information we receive from you on applications or other forms
- Information about your transactions with us
- Information about transactions with nonaffiliated third parties
- Information from a consumer reporting agency
We do not disclose any nonpublic personal information about you to anyone, except as permitted or required by federal or state law.
THE CONFIDENTIALITY, SECURITY AND INTEGRITY OF YOUR NONPUBLIC PERSONAL INFORMATION
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 that comply with federal standards to guard your nonpublic personal information.
NONPUBLIC PERSONAL INFORMATION AND NONAFFILIATED THIRD PARTIES
Since we value our customer relationship with you, we will not disclose your nonpublic personal information to nonaffiliated third parties, except as permitted or required by federal or state law.
NONPUBLIC PERSONAL INFORMATION AND FORMER CUSTOMERS
We do not disclose nonpublic personal information about former customers except as required by federal or state law.
E-Mail: Aitkin@ssbmn.com
402 Minnesota Avenue N
Aitkin MN 56431
Phone: 218.927.3765
Security State Bank is a FDIC member and an Equal Housing Lender.