UNION STATE BANK PRIVACY POLICY 

UNION STATE BANK OF FARGO

4530 17^TH AVENUE SOUTH

FARGO, ND 58103

PHONE: (701) 282-4598

FAX: (701) 277-1709

Union State Bank Privacy Policy Notice

The Directors, management and staff of Union State Bank of Fargo are concerned about and respect the privacy of our customer’s personal financial information.  Our customers furnish sensitive information to the bank in the course of daily business, and the bank is committed to treating such information responsibly.  We know that our customers expect privacy and security for their personal and financial affairs. 

Union State Bank will take the necessary steps to safeguard sensitive information that has been entrusted to us by our customers. The following privacy policy and disclosures outline our bank’s practice regarding personally identifiable financial information for consumers and those consumers who become our costumers. 

Safeguarding Customer Information 

At Union State Bank of Fargo we protect consumer privacy by ensuring that only our employees who have a business reason for knowing information have access to it.  The bank has appointed a financial privacy coordinator who is responsible for maintaining internal procedures to ensure that our customer’s information is protected.  All employees have a copy of this policy and are trained at least annually regarding the importance of safeguarding customer information.  Bank management will take disciplinary actions against any employee who violates the bank’s privacy policy and procedures.   

If we change our policy or practice by, for example, adding a category of information that will be disclosed to a third party, the bank will notify existing customers and give them an appropriate time-period to opt our of the disclosure.  If you decide to close your account(s) or become an inactive customer, we will continue to adhere to the privacy policies and practices described in this notice.    

Types of Information the Bank Collects 

At Union State Bank of Fargo we collect nonpublic personal information from many sources.  The bank collects nonpublic personal information directly from consumers on various applications and forms, for example, loan applications, deposit account applications, requests for information about accounts or products and services, and consumer reporting agencies (credit bureaus).   

The bank also collects information as a result of transactions between the bank and our customers and as a result of providing a product or service to your customers.  This includes transaction information from checks, debit cards, credit cards, automated teller machine (ATM) cards, and electronic transfers {e.g., home banking or automated clearing house (ACH) transactions}.  Nonpublic personal information does NOT include that which the bank obtains from government records, widely distributed media, or government-mandated disclosures.    

Types of Information the Bank Discloses 

The bank does not now, nor does it intend in the future, to disclose any personal financial information to any nonaffiliated or affiliated third party.  By law the bank may disclose certain personally identifiable information without allowing consumers the right to opt out of the bank’s sharing agreement in the following circumstances. 

• To companies who perform transaction processing for the bank; 1) If the transaction, service, or product is requested or authorized by the consumer, 2) To maintain or service a consumer’s account as part of the private label credit card or other loan extension program, or 3) In connection with securing a transaction, secondary market sale, (including servicing rights), or similar transaction related to a consumer.
• To disclose information necessary to enforce our bank’s legal or contractual rights or the rights of any other person who is engaged in the financial transaction.
• To disclose information required in the ordinary course of banking business, such as in the settlement of claims or benefits, the confirmation of information to the consumer or the consumer’s agent, and the billing, processing, or clearing of items in the normal course of business.  
• To provide information to the insurance rate advisory organization, guaranty funds or agencies, agencies that are rating the bank, persons that are assessing the bank’s compliance with industry standards, and the attorney(s) used by the bank, accountants, and auditors. 
• To the extent permissible under the Right to Financial Privacy Act.
• To a consumer reporting agency under the Fair Credit Reporting Act.
• To comply with federal, state, or local laws, rules, and other applicable legal requirements. 

Notify Us of Inaccurate Information We Report To Consumer Reporting Agencies.  Please notify us if we report any inaccurate information about your account(s) to a consumer reporting agency.  Your written notice describing the specific inaccuracy (ies) should be sent to us at the following address:  Union State Bank of Fargo 4530 17^th Avenue South Fargo, ND 58103

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