What does Shelby Savings 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
- Mortgage rates and payments
- Wire transfer instructions
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 Shelby Savings Bank chooses to share; and whether you can limit this sharing.
|Reasons we can share your personal information||Does Shelby Savings 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||Yes||No|
|For our affiliates' everyday business purposes - information about your transactions and experiences||Yes||No|
|For our affiliates' everyday business purposes - information about your creditworthiness||Yes||Yes|
|For affiliates to market to you||Yes||Yes|
|For nonaffiliates to market to you||Yes||Yes|
To limit our sharing
- Call 936-598-5688 - our menu will prompt you through your choice(s)
- Visit us online: www.shelbysavingsbank.com
If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice.
However, you can contact us at any time to limit our sharing.
Call 936-598-5688 or go to www.shelbysavingsbank.com
How does Shelby Savings 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 Shelby Savings Bank 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
- Make a wire transfer
- 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 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.
What happens when I limit sharing for an account I hold jointly with someone else?
Your choices will apply to everyone on your account - unless you tell us otherwise.
Affiliates - Companies related by common ownership or control. They can be financial and non-financial companies.
- Our affiliates include:
- Others, such as: Shelby Insurance Agency, Inc
Nonaffiliates - Companies not related by common ownership or control. They can be financial and non-financial companies.
- Nonaffiliates we share with can include TIB
Joint Marketing - A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
- Our joint marketing partners include TIB and Kasasa.
Other Important Information
For Texas Customers. The Shelby Savings Bank is chartered under the laws of the State of Texas and by state law is subject to regulatory oversight by the Texas Department of Savings and Mortgage Lending. Any consumer wishing to file a complaint against the Shelby Savings Bank should contact the Texas Department of Savings and Mortgage Lending through one of the means indicated below: In person, or by U.S. Mail: 2601 North Lamar Boulevard, Suite 201, Austin, Texas 78705-4294; Telephone No. (877) 276-5550; Fax No. (512) 936-2003, or via electronic submission on the Department's website at http://www.sml.texas.gov/consumerinformation/tdsml_consumer_complaints.html.