FACTS
WHAT DOES CBL STATE SAVINGS 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 and account balances
- payment history and transaction history
- credit history and mortgage rates and payments
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 CBL State Savings Bank chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information | Does CBL State Savings 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 | Yes | No |
For our affiliates’ everyday business purposes–information about your creditworthiness | Yes | Yes |
For our affiliates to market to you | No | We don’t share |
For nonaffiliates to market to you | No | We don’t share |
To Limit Our Sharing
- Call 864-877-2054 – our menu will prompt you through your choice(s) or
- Visit us online: www.MyCBL.bank
Please note:
If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice.
However, you can contact us at any time to limit our sharing.
Questions?
Call 864-877-2054 or go to www.MyCBL.bank
Who We Are
Who is providing this notice?
CBL State Savings Bank
What We Do
How does CBL State Savings 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 CBL State Savings Bank collect my personal information?
We collect your personal information, for example, when you
- open an account or apply for a loan
- make deposits or withdrawals from your account or provide account information
- show your driver’s license
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.
What happens when I limit sharing for an account I hold jointly with someone else?
Your choices will apply to everyone on your account.
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies.
- Our affiliates include companies with a Citizens Building and Loan MHC.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- CBL State Savings 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.
- CBL State Savings Bank doesn’t jointly market.
Other Important Information
If you wish to make a change to your login or accounts, please contact us. Username and password information may be deleted upon request. Information such as your usage history, account information, and banking activity will be retained in compliance with regulatory guidelines. We will only accept, see, and delete data requests made through the CBL State Savings Bank. Call 864-877-2054 to start the process.
