Privacy

What does Farmers 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 checking account information
  • Account balances and payment history
  • Credit history and transaction history

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 reasons financial companies can share their customers' personal information; the reasons Farmers State Bank chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information.

  • 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. You cannot limit this type of sharing.
  • For our marketing purposes to offer our products and services to you. You cannot limit this type of sharing.
  • For our affiliates’ everyday business purposes information about your transactions and experiences. You cannot limit this type of sharing.

When we DON'T share your personal information.

  • For joint marketing with other financial companies.
  • For our affiliates’ everyday business purposes - information about your creditworthiness.
  • For nonaffiliates to market to you.

For questions, call 605-648-3683 or go to www.farmersstatebanksd.com.

Who We Are

Who is providing this notice?

Farmers State Bank is providing this notice.

What We do

How does Farmers 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 Farmers 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

Credit Bureaus

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.

First State Bank, Hawarden IA and Miner County Bank, Howard SD

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

NONE

Joint marketing - A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

NONE

» Download this privacy policy.

Bridgewater
605.729.2582

Marion
605.648.3683

Parker
605.297.3683