Privacy Policy


Notice of Your Financial Privacy Rights

At Farmers & Merchants State Bank our number one priority is our relationship with you. We value the faith you have shown in entrusting us with your financial affairs, and we are committed to protecting any personal information we maintain about you.

 

FACTS – WHAT DOES FARMERS & MERCHANTS STATE BANK OF PIERZ 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 payment history
  • Transaction history and credit history
  • Overdraft history and checking account information

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 Farmers & Merchants State Bank of Pierz chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information Does Farmers & Merchants State Bank of Pierz 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
Yes No
For 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 320.468.6422 or Contact Us

 

What we do

 

How does Farmers & Merchants State Bank of Pierz 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 & Merchants State Bank of Pierz collect my personal information?

We collect your personal information, for example, when you

  • Open an account or apply for a loan
  • Give us your income information or apply for financing
  • Show your government issued ID

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 nonfinancial companies.
– Farmers & Merchants State Bank of Pierz has no affiliates.

 
Nonaffiliates

Companies not related by common ownership or control. They can be financial and nonfinancial companies.
– Farmers & Merchants State Bank of Pierz 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.
– Farmers & Merchants State Bank of Pierz doesn’t jointly market.


 

Mobile Banking Application Data Safety

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 by calling us at 320.468.6422. We will accept correction requests by calling us at 320.468.6422.