WHAT DOES FARMERS STATE BANK OF ADAMS
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
• checking account information and transaction history
• account transactions and payment history

When you are no longer our customer, we continue to share your information as described in this notice.

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 OF ADAMS chooses to share; and whether you can limit this sharing.

Does FARMERS STATE BANK
OF ADAMS 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

Yes

No

For our affiliates’ everyday business purposes –
information about your creditworthiness

No

We don’t share

For our affiliates to market you

No

We don’t share

For nonaffiliates to market to you

No

We don’t share

Questions?

Call (507)582-3448 or go to www.fsbadams.com

Who is providing this notice?

Farmers State Bank of Adams

What we do

How does FARMERS
STATE BANK OF
ADAMS 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 OF ADAMS collect my personal information?

We collect your personal information, for example, when you

• apply for a loan or provide account information
• open an account or show your driver’s license
• make deposits or withdrawals from your account

Why can’t I limit all sharing?

Federal law give 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 Farmers State Bank of Elkton; and nonfinancial companies, such as Farmers State Agency.

Nonaffiliates

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

• FARMERS STATE BANK OF ADAMS does not share with nonaffiliates so they can market you.

Joint marketing

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

• FARMERS STATE BANK OF ADAMS doesn’t jointly market.