Privacy

 


FACTS

WHAT DOES GLENWOOD 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 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
  • 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 resons financial companies can share their customers' personal information; the reasons Glenwood State Bank chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information Does Glenwood 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 We don't share

For our affiliates' everyday business purposes--

information about your transactions and experiences

Yes No

For our affiliates' everyday business purposes--

information about your creditworthiness

No We don't share
For nonaffiliates to market to you No We don't share
Questions? Call (320) 634-5111 or through Online Banking at www.glenwoodstate.com
What we do  
How does Glenwood 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 Glenwood 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 credit or 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.

  • Glenwood State Bank affiliates include Glenwood State Agency, Glenwood State Bank Real Estate, M and N Investments, Financial Services of Lowry, and Lowry State Bank
Nonaffiliates

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

  • Glenwood 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.

  • Glenwood State Bank doesn't jointly market

 


About Children's Online Privacy

The Children's Online Privacy Protection Act (COPPA) was passed to give parents increased control over what information is collected from their children online and how such information is used. The law applies to websites and services directed to, and which knowingly collect information from, children under the age of 13. Glenwood State Bank’s websites and online services are not directed to children under the age of 13, nor is information knowingly collected from them. For additional information on COPPA protections, visit the Federal Trade Commission's website here.