First State Bank of Colfax, Colfax, Iowa; financial, airplane loans, & insurance services

Privacy Policy

Customer trust is important to all of us at First State Bank of Colfax. We are committed to protecting your privacy and your personal information. To provide our customers with a broad range of financial products and services, we use the latest technology to collect and maintain customer information. The following policy serves as a benchmark for First State Bank of Colfax to follow in collecting, using and retaining nonpublic personal information.

Personnel
First State Bank of Colfax trains its employees to hold all nonpublic customer information in strict confidence. Customer information will not be disclosed to outside request without prior authorization.

Collected Information
"Nonpublic personal information" is nonpublic information about our customers we obtain while providing financial services. Nonpublic personal information includes loan payment history, account balances and account balance history.
Information we may collect "nonpublic personal information" from the following:
- Information from loan or deposit account applications
- Information from transactions with us or our affiliates
- Information from third parties; i.e., credit bureaus

Disclosed Information
Financial Institutions are permitted under law to share customer information about our experiences or transactions with companies related to us by common ownership (affiliates). Financial Institutions may also share information with affiliates received from applications and credit reporting agencies.
Financial Institutions are permitted under law to share customer information with nonaffiliated third parties under regulated guidelines; i.e., government subpoenas, credit bureaus.
Should your acount become closed or inactive, First State Bank of Colfax will continue protecting your personal information as long as it is retained as required by law.

Security
First State Bank of Colfax maintains physical, electronic and procedural safeguards as regulated by law to protect and maintain our customers' personal financial information.

In accordance with Section 326 of the USA PATRIOT ACT signed October 26, 2001 all persons are subject to the identity verification requirements even though they may be a long term customer of and well known to the Bank. For the purpose of the regulation, an "account" includes every formal banking relationship that entails ongoing services, dealings or transactions. Some examples are a deposit account, loan, trust relationship or safe deposit box rental. If you request to open an account or become a signatory on an account with the Bank and the Bank has not previously verified your identity under the new regulatory requirements, the Bank may request documentary verification of your identity, such as driver's license or passport and/or it will verify your identity through other non-documentary methods. We will ask for your name, address, date of birth, and other information that will allow us to identify you. Similar identification requirements apply to business entities such as corporations and partnerships. In all cases, protection of our customer(s)'s identity and confidentiality is the Bank's pledge to you.
Please be aware that when you click on a link, it is directing you off of First State Bank's website. First State Bank of Colfax is not responsible for the product, service or overall website content available at a third-party site. Our privacy policies do not apply to linked websites and a viewer should consult the privacy disclosures on that site for further information.