WHAT DOES WATERMAN STATE BANK DO WITH YOUR PERSONAL INFORMATION?

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.

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
  • Account balances
  • Payment history
  • Credit history
  • Account transactions
  • Checking account information

When you are no longer our customer, we continue to share your information as described in this notice

Reasons we can share your personal informationDoes Waterman 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 bureauYesNo
For our marketing purposes -to offer our products and services to youNoWe don't share
For joint marketing with other financial companiesNoWe don't share
For our affiliates' everyday business purposes -information about your transactions and experiencesNoWe don't share
For our affiliates' everyday business purposes -information about your creditworthinessNoWe don't share
For nonaffiliates to market to youNoWe don't share

What We Do

What We Do
How does Waterman 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.We also maintain other physical, electronic and procedural safeguards to protect this information and we limit access to information to those employees for whom access is appropriate.
How does Waterman State Bank collect my personal information?We collect your personal information, for example, when youl
  • Open an account
  • Apply for a loan
  • Make deposits or withdrawals from your account
  • Give us your contact information
  • Show your driver's license

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 youl
  • 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

Definitions

Definitionstext
AffiliatesCompanies related by common ownership or control. They can be financial and non-financial companies.
Waterman State Bank does not share with our affiliates
NonaffiliatesCompanies not related by common ownership or control. They can be financial and non-financial companies.
Waterman State Bank does not share with nonaffiliates so they can market to you.
Joint MarketingA formal agreement between nonaffiliated financial companies that together market financial products or services to you.
Waterman State Bank doesn't jointly market.

Other Important Information

For Illinois Customers. We will not share personal information with nonaffiliates either for them to market to you or for joint marketing – without your authorization