Privacy Policy

Rev. February 2013

 

FACTS

WHAT DOES FARMERS STATE BANK & TRUST CO. 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, account balances, payment history, credit history, overdraft history, and wire transfer instructions. 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 every day business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Farmers State Bank & Trust co. chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

Does Farmers State Bank & Trust Co. 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 to report to credit bureaus

Yes

No

For our marketing purposes –
To offer our products and services to you

No

We don’t share

For joint marketing with other financial companies

No

We don’t share

For our affiliates’ everyday business purposes –
Information about your transactions and experiences

No

We don’t share

For our affiliates’ everyday business purposes –
Information about your creditworthiness

No

We don’t share

For non-affiliates to market to you

No

We don’t share

What We Do

How does Farmers State Bank & Trust Co. 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 & Trust Co. collect my personal information?

We collect your personal information, for example, when you open an account, apply for a loan, make deposits or withdrawals from your account, give us your contact information, or 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 you
  • Sharing for non-affiliates 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

Affiliates

Companies related by common ownership or control. They can be financial and non-financial companies. Farmers State Bank & Trust Co. affiliates include Mount Sterling Bancorp Inc. and Mount Sterling Bancshares, Inc.

Non-affiliates

Companies not related by common ownership or control. They can be financial and non-financial companies. Farmers State Bank & Trust Co. does not share with non-affiliates so they can market to you.

Joint Marketing

A formal agreement between non-affiliated financial companies that together market financial products or services to you. Farmers State Bank & Trust Co. doesn’t jointly market.

Other Important Information

For Alaska, Illinois, Maryland and North Dakota Customers. We will not share personal information with non-affiliates either for them to market to you or for joint marketing – without your authorization.
For California Customers. We will not share personal information with non-affiliates 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.

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