At Superior Bank we know and understand how important your financial privacy is to you. We believe concerns for customer privacy and confidentiality are cornerstones of banking. For this reason, we have adopted the following privacy policy to assist you, our valued customer, in understanding the measures we take to protect your personal and financial information.
THE INFORMATION THAT WE COLLECT
We collect nonpublic personal information about you from the following sources:
* Information we receive from you on applications or other forms
* Information about your transactions with us or our affiliates
* Information we receive from a consumer reporting agency
* Information about your transactions with nonaffiliated third parties.
THE CONFIDENTIALITY, SECURITY AND INTEGRITY OF YOUR NONPUBLIC PERSONAL INFORMATION
We restrict access to nonpublic personal information about you to employees who need to know that information to provide products and services to you. We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard your nonpublic personal information.
NONPUBLIC PERSONAL INFORMATION AND NONAFFILIATED THIRD PARTIES
Since we value our customer relationship with you, we will not disclose your nonpublic personal information to nonaffiliated third parties, except as permitted by law. This might include disclosures to companies necessary to service your account or to prevent unauthorized transactions.
NONPUBLIC PERSONAL INFORMATION AND FORMER CUSTOMERS
If you decide to close your account(s) or become an inactive customer, we will adhere to the privacy practices as described in this notice.
We do not disclose any nonpublic personal information about our former customers, except as permitted by law.
Nonpublic personal information means information about you that we collect in connection with providing a financial product or service to you. Nonpublic personal information does not include information that is available for public sources, such as telephone or government records.
An affiliate is a company we own or control, a company that owns or controls us, or a company that is owned or controlled by the same company that owns or controls us. Ownership does not mean complete ownership, but means owning enough to have control.