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Privacy Notice

 

Facts

 

What does Reliance 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
  • Account balances
  • Payment history
  • Credit History
  • Credit Scores

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 Reliance Bank chooses to share; and whether you can limit this sharing.

 

 

Reasons we can share your personal information

Does Reliance 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 our 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 to you No We don't share
Questions? Call (507) 331-2493

Who We Are

Who is providing this notice? Reliance Bank, 2300 NW 30th Street, Faribault, MN  55021

What We Do

How does Reliance 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.
How does Reliance Bank collect my personal information?

 We collect your personal information, for example, when you

  • Open an account
  • Pay your bills
  • Apply for a loan
  • Use your credit or debit card
  • Make deposits or withdrawals from your account.

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.

Definitions

Affiliates

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

  •  Reliance Bank has no affiliates
Nonaffiliates

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

  • Reliance 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.

  • Reliance Bank has no joint marketing agreements.

 

PDF Version

Policy Statement

Copyright © 2018 Reliance Bank
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At times, we may provide links to sites outside the control of our bank.

We do not make any representations concerning the linked sites' contents or availability. You should review each site's privacy and information security policies carefully before you enter confidential information.

Bank Hours

Lobby: 

Mon-Fri 9:00am - 5:00pm, Saturday 9:00am - 12:00pm

Drive Up:

Mon-Fri 8:00am - 5:30pm, Saturday 9:00am - 12:00pm


Contact Us

Questions? Talk to a bank representative at (507) 331-2493