Laurens
State Bank is committed to the belief that maintaining the confidentiality
of our customers' information is at the core of our relationship with our customers.
As a result of our commitment, we have adopted this Privacy Policy which is
made readily available to our customers. We will protect your trust and confidence
by following the principles of this Privacy Policy.
FACTS
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WHAT DOES LAURENS STATE BANK DO
WITH YOUR PERSONAL INFORMATION?
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Why?
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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.
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What?
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The types of personal information we collect and share
depend on the product or service you have with us. This information can
include:
n
Social Security number
n
Income
n
Account
balances
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Payment
history
n
Credit history
n
Assets
When you are no longer our customer, we continue
to share your information as described in this notice.
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How?
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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 Laurens
State Bank chooses to share;
and whether you can limit this sharing.
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Reasons
we can share your personal information
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Does
Laurens State Bank share?
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Can you
limit this sharing?
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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
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Yes
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No
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For our marketing purposes—
to offer our products and services to you
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No
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We don’t share
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For joint marketing with other financial
companies
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No
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We don’t share
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For our affiliates’ everyday business
purposes—
information about your transactions and experiences
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No
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We don’t share
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For our affiliates’ everyday business
purposes—
information about your creditworthiness
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No
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We don’t share
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For nonaffiliates to market to you
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No
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We don’t share
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Questions?
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Call 712-845-2627or
go to laurensstatebank.com
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What we do
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How does Laurens State Bank protect my personal
information?
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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.
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How does Laurens State Bank collect my personal
information?
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We collect your personal information, for example, when
you
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open an account
n
Make deposits or withdrawals from your account
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Show your driver’s license
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Give us your contact information
n
Make a wire transfer
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Why can’t I limit all
sharing?
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Federal law gives you the right to limit only
n
sharing
for affiliates’ everyday business purposes—information about your
creditworthiness
n
affiliates from using your
information to market to you
n
sharing
for nonaffiliates to market to you
State laws and individual companies may give you
additional rights to limit sharing.
See below for more on your rights
under state law.
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Definitions
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Affiliates
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Companies related by common ownership or control. They
can be financial and nonfinancial companies.
n
Laurens State Bank has no affiliates.
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Nonaffiliates
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Companies not related by common ownership or control.
They can be financial and nonfinancial companies.
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Laurens State Bank does not share with nonaffiliates so
they can market to you.
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Joint marketing
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A formal agreement between nonaffiliated financial
companies that together market financial products or services to you.
n
Laurens State Bank doesn’t jointly market
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Other important information
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For
Alaska
,
Illinois
,
Maryland
and
North
Dakota
Customers. We will
not share personal information with nonaffiliates either for them to market
to you or for joint marketing – without your authorization.
For
California
Customers. We will not share personal information with
nonaffiliates either for them to market to you or for joint marketing – without your
authorization. We will also limit our
sharing of personal information about you with our affiliates to comply with all
California
privacy laws that apply to us.
For
Massachusetts
,
Mississippi
and
New Jersey
Customers. We will not share personal
information from deposit or share relationships with nonaffiliates either for
them to market to you or for joint marketing – without your authorization.
For
Vermont
Customers. We will not share personal
information with nonaffiliates either for them to market to you or for joint
marketing without your authorization, and we will not share personal
information with affiliates about your creditworthiness without your
authorization.
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Access to Our Web Site
Our web site does not require you to disclose any personally
identifying information. If, however, you choose to contact us via e-mail,
please keep in mind that your e-mail address and any other information your
e-mail shows about you, such as your name or organization, will be revealed
to us in the e-mail. We pledge, however, that when you communicate with us
via e-mail, we will use your e-mail information only for the specific purpose
of responding to your comments or questions. Your e-mail address will not
be sold, nor will it be shared with others outside the bank unless we are
compelled to do so by law. Some areas of our website may use a “cookie”
temporarily stored in the visitor’s computer memory (RAM) to allow the
web server to log the pages you use within the site and to know if you have
visited the site before.
Links
Occasionally, we will link to other Internet sites
as a convenience to you, our customer. Laurens State Bank will only link sites
that uphold our corporate standards. Our website is directed to a general
audience. We do not knowingly solicit or collect information from children
on our website. However, we are not responsible for the content of those sites,
nor their policies for the collection of customer information.
