Privacy Policy

PRIVACY DISCLOSURE

At Security State Bank, the basis of each customer relationship, many of which span generations, is trust and personal customer service. We are obligated to honor that trust you have placed with us with great care. We believe that your privacy should not be compromised. At the same time, we want to offer you an array of financial products and services you need to accomplish your financial goals. Security State Bank believes the confidentiality and protection of customer information is one of our fundamental responsibilities.

ACCURACY OF INFORMATION:
We continually strive to make every effort to maintain the most up-to-date, complete and accurate information about you and your accounts. Should you ever believe that our records contain inaccurate or incomplete information about you, please notify us and we will investigate your concerns and correct any inaccuracies in a timely manner.

INFORMATION WE COLLECT ABOUT YOU:
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, our affiliates, or others,
• Information we receive from a consumer-reporting agency
• Nonpublic personal information is nonpublic information about you that we obtain in connection with providing a financial product or service to you. For example, non public personal information includes information regarding your account balance, payment history and overdraft history

We collect and retain information about you only for specific business purposes and we will tell you why we're collecting & retaining it upon your request. We use this information to protect and administer your accounts and funds and to comply with certain laws and regulations.

CATEGORIES OF NONPUBLIC PERSONAL INFORMATION WE MAY DISCLOSE:
We may disclose the following kinds of nonpublic personal information about you:

• Information we receive from you on applications or other forms, such as your name, address, social security number, assets, and income,

• Information about your transactions with us, our affiliates, or others, such as your account balance, payment history, parties to transactions, and credit card usage,

• Information we receive on customers from a consumer-reporting agency, such as, creditworthiness & credit history.

This information may only be disclosed to the Affiliated Third Parties & Service Providers listed below & as required by law, such as subpoenas and court orders.

CATEGORIES OF AFFILIATED THIRD PARTIES TO WHOM WE MAY DISCLOSE:
We may disclose non public personal information about you to the following types of affiliated third parties:

• Security State Bank Shares, Inc.

• Security State Insurance Agency, Inc.

• Security Bank, New Auburn, WI

We may also disclose nonpublic personal information about you to nonaffiliated third parties as permitted by law.

We may disclose the following information to companies that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements:

• Information we receive from you on applications or other forms, such as your name, address, social security number, assets, and income.

• Information about your transactions with us, our affiliates, or others, such as your account balance, payment history, parties to transactions, and credit card usage,

• Information we receive from a consumer-reporting agency, such as your creditworthiness and credit history.

• The entities with whom we share nonpublic personal information are service providers that perform marketing services on our behalf.
  

• Elan Financial Services (Credit Card provider)

• Instant Cash (ATM Cash & Debit Card provider)

CONFIDENTIALITY AND SECURITY
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 are permitted under law to share information about our experiences of transactions with you or your account (such as account balance and payment history with us) with companies related to us by common control or ownership (affiliates). We also may share additional information about you or your account with our affiliates. The purpose of which we share your information within our affiliates are: A) To market our services and products to you, B) To make sure that we consider your entire account relationship with us when making decisions about our products and future services that we may provide, C) To enable us to utilize all programs existing within our bank and our affiliates to better serve you. We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard your nonpublic personal information.

ADDITIONAL INFORMATION
When our bank conducts business with these third parties (non-affiliates), we require them to maintain similar standards of conduct regarding the privacy of personally identifiable customer information provided to them. They are required to sign a written marketing agreement with our bank.