Privacy
FACTS WHAT DOES FARMERS STATE BANK OF UNDERWOOD & DALTON 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 Account balances
   • Transaction History and Overdraft History
   • Credit History and Payment 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 Does Farmers 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
NO We don't share
For our affiliates’ everyday business purposes—
information about your creditworthiness
NO We don't share
For our affiliates to market to you NO We don't share
For non affiliates to market to you NO We don't share

Questions? Call 218-826-6112 or go to www.farmersstbank.com

Who we are
Who is providing this notice? Farmers State Bank of Underwood & Dalton
PO Box 247 110 Main Street Underwood, MN 56586

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 Apply for a loan
   • Make a wire transfer or Show your government issued id
   • Provide employment information

We also collect your 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.


Definitions
Affiliates

Companies related by common ownership or control. They can be financial and non financial companies.

   • Farmers State Bank does not share with our affiliates

Non affiliates

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

   • Farmers State Bank does not share with nonaffiliates 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 does not market jointly.