Privacy Policy
WHAT DOES WAYLAND 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
- Transaction history
- Account balances
- Credit history
- Payment history
- Account transactions
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 Wayland State Bank chooses to share; and whether you can limit this sharing.
| Reasons we can share your personal information | Does Wayland 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 | 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 nonaffiliates to market you | No | We don’t share |
Questions?
Call 319-256-5000
Who we are
Who is providing this notice?
Wayland State Bank
What we do
How does Wayland 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.
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 Wayland State Bank collect my personal information?
We collect your personal information, for example, when you
- Open an account
- Give us your contact information
- Deposit money
- Make a wire transfer
- Apply for a loan
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 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.
- Wayland State Bank has no affiliates.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and non-financial companies.
- Wayland State Bank has no affiliates.
Joint Marketing
A formal agreement between nonaffiliated financial companies that together market financial products and services to you.
- Wayland State Bank has no affiliates.
Children
Our online services are not intended for children under the age of 13. We do not
knowingly collect personal information from children under the age of 13 without
parental consent.
Internet Protocol Addresses
An Internet Protocol (IP) address is a number automatically assigned to your
computer whenever you access the Internet. This number does not identify your
name, e-mail address, or other personal information.
Cookies
The bank may use a software “cookie” when you access our PC banking product. “Cookies” are small text files that recognize repeat visitors, facilitate ongoing access to some sites, and allow sites to understand how and when pages are visited and by how many people. Except for personal information voluntarily provided by you (i.e., during any registration process), we do not use information transferred through cookies for promotional or marketing purposes, and that information is not shared with third parties. A cookie is an element of data that a Web site can send to your browser, which may then be stored on your system. A cookie does not retrieve any data from your hard drive, carry computer viruses, or capture your e-mail address. Cookies help Web sites to keep track of your preferences and to recognize return visitors. So, when you return to a Web site you’ve visited before, your browser gives this data back to the server.
We use cookies to make your online experience with us a more focused experience based on the products and services you have with us. We also use cookies for various purposes, such as maintaining continuity during an online session, gathering data about the use of our site, or monitoring our online promotions. This information helps us inform you about additional products, services, or promotions that may be of interest to you. You can set your browser to reject cookies. However, if you choose to reject cookies, you cannot bank online with us. If your browser rejects cookies, you may not be able to sign on to your favorite sites or use the features you most like within those sites.
External Links
This website may provide links to various websites. When you click on one of these links, you will be transferred from the Wayland State Bank website and connected to the website of the organization or company that you selected. Even if an affiliation exists between Wayland State Bank and a third-party website, Wayland State Bank exercises no control over linked sites and this privacy policy does not govern the data collection and use practices of those sites. Each of these linked sites maintains its own independent privacy policies and procedures. If you visit a website that is not linked to Wayland State Bank’s site, you should consult that site’s privacy policy before providing this site with any of your personal information.
We may provide links to sites outside of our Web site to alert you to products, information, and services offered by third parties. These links are provided as a courtesy to give you access to information that may be of interest to you, and may be to both the private and public sector Web sites. Although we will only provide links to sites we believe are reputable, we do not make any representations concerning the linked sites’ contents or availability. Please note that linked sites may have different privacy and information security policies than Wayland State Bank. You should review each site’s privacy and information security policies carefully before you enter confidential information onto the site.
Please use caution when using external financial aggregation or consolidation services. These are companies that collect your information from a variety of sources and place them on one Web site. They are able to do this by having you give them your identification information and password for each individual Web site, and then use these passwords to access each account. You must provide your permission and information to allow these services to collect this data. We recommend extreme caution when using these services and encourage you not to provide any account information or password to a site that is not familiar to you.
Preventing Identity Theft
Wayland State Bank is committed to protecting your personal information. Strict policies and procedures have been implemented to ensure that your personal information is kept confidential. Only authorized signers can access account information. Every effort is made to protect our customers from fraud. We will never initiate a request for sensitive information from you via e-mail (i.e., Social Security number, Personal ID, Password, PIN, or account number). If you receive an email that requests this type of sensitive information, you should be suspicious of it. We strongly suggest that you do not share your personal ID, password, PIN, or account number with anyone, under any circumstances. If you receive a suspicious-looking e-mail, please contact us at 319-256-5000.
Terms, Changes, and Questions
By using this website, you signify your agreement to the terms of our privacy policy. If you do not agree with these terms, please do not use or disclose any personal information through our site. If we decide to change this privacy policy, we will post those changes here so that you will always know what information we gather, how we might use the information, and whether we will disclose it to anyone. If you have any questions or comments about this policy or our use of personal information, you may send an email to wsb@waylandstbank.com. We will use reasonable efforts to promptly investigate any complaint you may have regarding our use of personal information.
