|
FACTS |
WHAT DOES UNITED FARMERS & MERCHANTS
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 Overdraft history
- Account balances and Credit history
- Payment history and Account transactions
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 nonpublic personal information to run
their everyday business. In the section below, we list the reasons
financial companies can share their nonpublic personal information; the
reasons United Farmers & Merchants State Bank chooses to share; and
whether you can limit this sharing. |
|
Reasons we can share your personal
information |
Does United Farmers & Merchants 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 |
We Don't Share |
|
For our affiliates' everyday business purposes -
information about your transactions and experiences |
No |
We Don't Share |
|
For our affiliate's everyday business purposes - information
about your creditworthiness |
No |
We Don't Share |
|
For our affiliates to market to you |
Yes |
Yes |
|
For non affiliates to market to you |
No |
We Don't Share |
| |
|
Questions? |
Call 320-589-3361 |
| |
|
Page 2 |
|
|
Who we are |
|
Who is providing this notice? |
United Farmers & Merchants State Bank |
|
What we do |
|
How does United Farmers & Merchants 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 United Farmers & Merchants State Bank collect
my personal information? |
We collect your personal information, for example, when
you
- Open an account or apply for a loan
- Use your debit card or pay us by check
- Make deposits or withdrawals from your account
|
|
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. |
| |
|
Affiliates |
Companies related by common ownership or control.
They can be financial and non financial companies.
- United American Insurance Agency
|
|
Nonaffiliates |
Companies not related by common ownership or control.
They can be financial and non financial companies.
- United Farmers & Merchants State Bank does not
share your information without specific authorization from you
unless required by law
|
|
Joint marketing |
A formal agreement between nonaffiliated financial
companies that together market financial products or services to you.
- United Farmers & Merchants State Bank does not
share your information
|
|
Other important information |
| |
|
