PRIVACY POLICY

At Shelby State Bank, we pride ourselves on the community-based banking we have offered since 1931. We may have grown to 10 branches since then, but each retains a sense of community.

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 & Checking account information
  • Credit history & Overdraft history
  • Payment history & Transaction 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 Shelby State Bank chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

Does Shelby 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 - We Share

No - Cannot Limit Sharing


For our marketing purposes -- to offer our products and services to you

Yes - We Share

No - Cannot Limit Sharing


For joint marketing with other financial companies

Yes - We Share

No - Cannot Limit Sharing


For our affiliates' everyday business purposes-- information about your transactions and experiences

Yes - We Share

No - Cannot Limit Sharing


For our affiliates' everyday business purposes-- information about your creditworthiness

No - We Don't Share

We don't share


For our affiliates to market you

No - We Don't Share

We don't share


For nonaffiliates to market you

No - We Don't Share

We don't share

Questions?

Call 888-327-5875 or go to www.shelbybank.com

Who we are

Who is providing this notice?

The Shelby State Bank

What we do

How does Shelby 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 Shelby State Bank collect my personal information?

We collect your personal information, for example, when you:

  • Apply for a loan or Deposit money
  • Open an account or Use your credit or Debit Card
  • Pay your bills

We also collect 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.

Definitions

Affiliates

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

  • Our affiliates include financial companies such as Gales Agency, Inc., SSB Financial Services, and Lighthouse Title Company of White Lake.

Nonaffiliates

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

  • Shelby State Bank does not share with nonaffiliates so they can market to you.

Joint Marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

  • Our joint marketing partners include securities broker-dealers.